Undertake an audit of your toolpark
All companies perform audits on at least an annual basis, while many choose to undertake some sort of audit biannually, quarterly, monthly or even weekly. While the frequency of audits depends on your own needs and requirements, it's important to ensure you perform some sort of audit on a regular basis.
This can be split into differing scales, with internal audits occurring regularly in order to provide appropriate detail for external auditors to examine.
An internal audit can consist of several small inventory checks across your different locations, including workers’ vans where tools are often stored during jobs. Performing these internal audits regularly helps you to both know where your tools are, and ensure they are in good working order.
While audits can help save time on-site, they are of course time-consuming in themselves - particularly if you use a manual system. A digital asset management system can vastly reduce time spent on an audit, by automating long processes while also reducing human error.