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Construction

Construction Asset Tracking Using GPS Technology

iStock 000002833182XSmallIf you run a construction company you are likely painfully aware of and perhaps a multiple time victim of construction equipment and supply theft. It’s difficult to maintain security on remotely located assets, many of which cannot easily be physically secured and therefore become theft targets. Construction asset tracking can help overcome these challenges.

Construction equipment and supplies theft results in:

  • Project delays
  • Costly replacement
  • Lost productivity
  • Rising insurance premiums
  • Operational burdens to support criminal investigations and claims processing

Unfortunately only seldom are stolen construction equipment or supplies recovered and returned to their rightful owners.  Today’s professional thieves understand how to bypass most anti-theft systems, are quick to fence equipment and rapidly move onto their next victim.  And of course there is the more difficult task to deal with, supply shrinkage, especially given large numbers of employees and subcontractors having access to your job and supply sites.

Preventative action can be taken by installing job site security systems and staffing construction sites with 24x7 security patrols. Unfortunately this is often not enough.
 
A great way to improve construction asset security is to monitor core assets via covertly deployed GPS trackers such as the GPSit PT300, GT300, or TTU-700.  Capable of being located both outdoors and indoors in real time by GPSit’s TrackFusion software, GPS trackers become an effective tool to increase the probability of a quick recovery from theft.  “Geofences” create an electronic perimeter detection system, alerting security if equipment leaves the jobsite or fails to arrive on time.  You can also use "Motion Detection" features to get an even earlier notification of asset movement, especially during off hours when no movement is the norm.

Key Construction Benefits

  • Know where your equipment is, where it’s been and where it should be.  TrackFusion provides complete visibility into the equipment location.
  • Reduce project delays.  Use location knowledge to ensure equipment is ready for use when it is needed.
  • Eliminate unauthorized side jobs.  Use alerts and notifications to detect when equipment leaves the jobsite.
  • Aid law enforcement with recovery.  Should an asset be stolen, assist law enforcement locate and recover.
  • Ensure timely scheduled maintenance.  Use engine hours monitoring to ensure equipment is being properly maintained.
  • Reduce construction equipment costs.  Use location knowledge to get better utilization of expensive construction equipment, minimizing the amount of equipment needed for job completion.

Most frequently used TrackFusion features by construction companies:

♦ Geofences  Alerts
♦ Location Map

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