The administrative side of asset management can be extremely time-consuming. As tools can be spread across sites, warehouses and employees, using a manual system to manage such a complex ecosystem is always likely to take considerable time and effort.
In a manual system, everything has to be done by an individual. This means filling out and updating spreadsheets, checking and monitoring paperwork, ensuring compliance is up to date and organising inspections (as well as a host of other tasks). All of these require hundreds of hours of employee time, which could be better spent on areas where there is greater ROI available.
As well as the time being spent by in-house administrative staff, construction workers also have to spend valuable time tracking down equipment within a manual system. When a worker needs an item of equipment, without a digital system they are forced to call around to try and locate what they need, which is not an efficient way to work.
Through a digital system, asset management both on and off-site is far more efficient for all concerned. Administrative staff no longer have to fill out spreadsheets or monitor paperwork, which is all updated and managed automatically within the software. In a digital asset management system, locating tools takes minutes as opposed to hours, meaning workers can quickly locate and access the equipment they need for each job with minimal delays.