According to respondents in a recent survey, 92% of companies in the construction industry have experienced theft, with as many as 21% claiming that theft is a weekly problem in their business. One of the best ways to reduce the risk of theft is to have a clear record of all equipment and materials owned by your business.
While we cannot promise that theft won’t happen on your site, ON!Track can help you lower the risk by increasing accountability and transparency in the handling of all tools and machinery, since each item is tracked to a location and a responsible person. This encourages workers to take more care of their tools, leading to fewer lost or stolen items. That said, you of course need to make sure standard security measures are in place.
In this article, we shared about how ON!Track can help you, but if you’re still torn on the actual decision of choosing an asset management software, we’ve got an article to help you out, in terms of key things to consider when choosing the best asset management software for your construction business