GPS is a brilliant example of modern technology that offers numerous benefits for the construction industry. Whether it’s for asset tracking, monitoring vehicles, or safety, GPS has many important applications for the construction business.

Listed below, are a few ways that GPS tracking devices can help you operate a profitable and efficient construction company.

1 Locates Stolen or Lost Equipment

Theft is expensive! According to the National Crime Information Centre, more than one thousand commercial construction vehicles are reported as stolen every month. Many types of equipment are targeted such as bulldozers, loaders, forklifts, and generators because these assets offer a high resale price.

This equipment is delivered on a routine basis. If the site is poorly guarded, then thieves can easily break in and steal trailers, tools, etc. Unfortunately this kind of theft is too frequent in the construction industry. Not all companies can bear the cost of replacement vehicles.

Luckily, there’s GPS. This is a reliable theft prevention solution that can monitor your construction equipment in real time. It actually discourages thieving behavior. The system can offer warning signs to a thief which can deter them from committing the act.

GPS can help you locate the lost equipment as well.

2 Simplifies Allocation and Workflow

Downtime hurts the construction equipment business. Assets that sit idle between projects can contribute to significant financial losses. Construction equipment faces expensive downtime when it’s sent for the wrong work or even to a place where it is not required. Whether your equipment is waiting to be used, or it’s sent for the wrong job, or your staff team cannot locate it, you’re wasting time and money.

With GPS tracking, you will be able to determine when equipment becomes available before it actually is. This enables you to make the most use of it in the least amount of in-between jobs time. GPS also offers asset tracking in real-time. This means you will always have an up-to-date picture of what’s available, and when it will be available.

3 Prevent Mishandling of Construction Equipment

Some employees like to use construction equipment to complete personal requirements. Unfortunately, this increases company liability and can lead to higher insurance premium if an accident occurs. If using this equipment is against company policy, then GPS tech is a useful tool. It notifies you immediately when a piece of equipment is used without authorization. It also shows you where this use is occurring.

4 Provides Billing and Tracking Assistance

With GPS tracking, you can track the time worked by each person in the crew. This is important at the time of billing your customer. The GPS system can record when a particular member of the crew arrived and left a particular job site.

Sometimes crew members don’t show up for a project. GPS can provide a real-time map of all your construction equipment, drivers, and all the assets for a particular project. It offers efficient tracking of equipment rental.

5 Improves Safety on the Road and Job Site

Now you can monitor what your drivers are doing at all times when on the job. You can notifications about speed, direction, location, etc. You can even determine if a particular truck travels past a set speed limit, or if it’s involved in harsh driving.

Safety also depends on the driver’s skill level and vehicle health. When construction equipment is overused or misused and if routine maintenance is not performed, then you will face maintenance issues. Construction equipment can stop working at any time. If an equipment breaks down, it will either be replaced by new equipment or repaired onsite.

GPS is a vital tool in asset tracking. It enables you to monitor where the vehicles are, when they are used, etc. This tool will help businesses save money, track construction equipment, help with tracking and billing, and improve job site and roadside safety. GPS Tracking for construction equipment from Webtrack can ensure your long term security.