RFID Asset Tracking For Construction

RFID asset tracking for construction allows construction companies to manage their large number of assets with ease. Construction asset tracking can significantly minimise unnecessary delays, which is a critical factor when working with a high volume of tools and equipment, large machinery and fixed project deadlines.


What is RFID?

RFID is an acronym for Radio Frequency Identification which means RFID is the wireless, non-contact use of radio frequency waves to transfer data and identify objects (for example: tools and machinery), animals, or even humans, depending on the nature of the business. RFID systems usually comprise an RFID reader, RFID tags, and antennas.


What is an asset?

Generally, an asset is seen as anything of monetary value owned by a business or an individual. In the construction industry, assets encompass – but are not limited to – machinery and equipment.

10 Benefits using RFID Asset Tracking in Construction:

  1. Improvement of productivity
  2. Eliminate unnecessary tool and equipment purchases
  3. Improving site safety for workers
  4. Check in and check out tools and equipment
  5. Location of assets 24/7 in real-time
  6. Reduction in Theft
  7. Accountability for employees
  8. Inventory accuracy
  9. Schedule prevention maintenance
  10. Capture costs of assets accurately

There are many benefits of asset tracking that all contribute to a healthier bottom dollar for construction. This basic list scrapes the surface when it comes to the benefits of construction asset tracking.

What to look for in Construction Asset Tracking Software for your Tools and Equipment?

Choosing the right RFID tool tracking software for your Consruction company can be overwhelming. The best tool tracking software has all of these key features:


  • Unlimited Sub Users
  • Preventative Maintenance Scheduling
  • Accountability of Tools
  • Cloud-Based System
  • Customisation of Asset Fields
  • Reporting
  • Tag Technology
Unlimited Sub Users

To keep your employees connected and up to date on your asset inventory, it is important to consider how many sub-users will access the asset tracking software.  When searching for software, it is a great benefit to find a system that allows for unlimited sub-users. This gives every employee access to the most recent asset information and keeps your team on the same page.

Preventative Maintenance Scheduling

A software that allows you to easily schedule maintenance for company tools and equipment, to keep them performing at their peak. With asset tracking software, you can automate this process to ensure you never miss scheduled maintenance.

Accountability of Tools

Constuction tools and machinery, are extremely important and a huge part of being able to run your business.  Having a software that allows you to know who is responsible for the asset and when it is due back by using a check-out/check-in system is a must have feature.  This helps hold the employees accountable and lowers the chances of lost assets that leave your facility.

Cloud-Based System 

Having a cloud-based system allows you to throw out the time-consuming spreadsheets and old manual inventories.  Any activity that is taken on an asset, such as adding, editing, or performing inventory scans, is updated in real-time.  That means when an employee is on a jobsite and the other is in the office, all information is up to date to keep your team on the same page.

Customisation of Asset Fields

Businesses come in all shapes and sizes, so finding an asset tracking software that gives each company the ability to customise the software to meet their business needs is a must have.  Asset fields are how you describe your equipment.  Using these fields gives you more flexibility in running reports on information that is important to your business and also makes it that much easier for you and your team to understand.


Running reports and pulling the proper data from the construction tool and equipment software is critical to making decisions. Building reports gives you the flexibility to send and view reports that matters most to your business. For instance, if you need to know every tool and equipment that is checked out to a specific job site, you can easily pull an on-demand report or schedule an automated report to be sent directly to your inbox.

Tag Technology

Planning to use barcode or RFID asset tags? When searching for Construction tracking software, it is important to find system that is capable of scanning both RFID and barcode.  Why?  Because if you aren’t ready for RFID just yet, you can easily transition later on down the track without the hassle of switching software.



The bottom line

Construction companies are constantly struggling with how to manage their tools and equipment. The proper tracking of assets is integral for the overall success of project delivery and can play a critical role in streamlining the handover process. If managing and moving asset data across the project lifecycle is successful, it leads to better and long-lasting relationships between contractors and project owners. AssetTrak is ready to help you transform your asset utilisation. Contact us to learn more.

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