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Inventory Management ItemAware

Tool Tracking for the Utility Industry – Why You Can’t Afford Not to Use ItemAware

ItemAware is the tool tracking solution that will save you time and money. It eliminates the stress of supply chain issues, tool duplication, and theft. Continue reading to see why utility industry leaders can’t afford not to use this robust software.

Did you know that the utility industry estimates a 30% annual loss rate of tools, i.e., upwards of $900,000,000 “lost” items annually? The need to replace lost tools can quickly turn your budget upside down while simultaneously causing your team frustration. The last thing you want to deal with is a loss of revenue because you didn’t have the tools needed to effectively get the job done right the first time.

ItemAware is the exact solution you need to prevent tool loss. Our software gives you full visibility of your assets as well as all designated locations (trucks, sheds, jobsites, etc.). It’s time to stop the outflow of money spent on searching for, and often replacing, missing equipment. Invest in ItemAware today to make the worries of misplaced tools a thing of the past.

Read more below to discover how our tool tracking software will not only save you time and money but can also help you avoid the stresses of supply chain issues, tool duplication, and theft.

Prioritize Your Budget

If given the choice, wouldn’t you like to virtually eliminate the cost of lost items? ItemAware can help you do just that while also giving you time back to focus on your most profitable goals.

We’ve already shared with you that the utility industry alone estimates a 30% annual tool loss. This statistic is staggering but it doesn’t have to impact your business. You can reduce your tool loss rate to nearly zero and likely see a return on your investment within 12 months by utilizing our cutting-edge technology.

Review the graphic below to learn how ItemAware works.

Tool tracking can help your company stay within budget by locating and monitoring the location of every item being used. Stop wasting money on replacing lost equipment. Rather, invest in ItemAware to ensure that you always have the right tools on hand.

Stay on Track

Time is an invaluable resource, especially when it comes to getting a job done right the first time. You hired your team because they are experts in their field. Your company is paying them to use their professional skillset, not to spend time wasted searching for misplaced equipment. Let your workers get back to the job at hand by ensuring they have the right tools, in the right place, at the right time.

ItemAware features intuitive icons that give your workers the ability to see the exact tools they have on their trucks. Personnel with the right permissions can access views of all tools, trucks, jobsites, etc. on one screen. Our software gives your team the freedom to go to any jobsite with confidence.

Jobsites are busy and can often lead to a flurry of tools being touched by multiple hands. Without GPS tool tracking, lost equipment is almost inevitable. At the touch of finger, ItemAware gives you and your workers immediate access to see where a missing item is – whether on a truck or at the last seen location if the equipment is truly misplaced.

Avoid Supply Chain Issues

Nearly every industry is feeling the pressure of supply chain issues. Forbes reported, “[f]rom clogged ports and truck driver shortages to extreme weather, a multitude of disparate factors continue to create major breakdowns in critical organizational supply chains”. Certain tools can be almost impossible to find, especially when you are on a tight time crunch.

According to Reuters, “[s]ome utilities are facing waiting times of more than a year for transformer parts…”. Long lead times often result in lost revenue as many customers will shop around for the fastest, most efficient option. For this reason and numerous others, it’s becoming more important than ever before to keep the tools you have in order to avoid the stress and cost of replacing them.

Stop sending customers to your competitor’s doorstep simply because misplaced tools cannot be easily replaced. Better yet, invest in ItemAware to avoid tool loss almost entirely. 

Did you know that our technology allows you to view and edit an item’s status to indicate whether a tool is active, broken, in storage, etc.? These notes will not only help you keep track of specific item details but are also available wherever, whenever you need them. Avoid supply chain issues completely by using ItemAware to keep track of your most valuable assets.

Prevent Tool Duplication

It’s no secret that when you don’t know what you have, you end up replacing tools that aren’t actually lost. Duplicating your tools unnecessarily results in wasted money that could have been spent on achieving much more valuable goals.

One of our ItemAware customers can attest to this. “After implementing the system [ItemAware], I found $175,000 of duplicate tools.” – Steve Sarno, VP of Power Delivery at Concurrent Group, Customer of RingPower

What would saving $175,000 mean for your company? Use our GPS tool tracking software to avoid accidental duplication of equipment – stay lean with the tools that you need, so that you don’t waste resources on excess. 

Put an End to Theft

Your equipment is necessary for your business’ everyday operations. Without these items, your employees would not be able to put their skills to use and get the job done. At ItemAware, we know that some of your tools are high-dollar assets. But what happens when your much-needed equipment is lost due to theft?

ItemAware can help reduce theft and item misplacement with automatic scanning. At the touch of a finger, you can keep a record of when an item was moved, who inventoried it, repairs, etc. Additionally, with maps displaying last-seen locations, you can get alerts when an item goes missing.

Our GPS tool tracking software helps you narrow down people as well as places where items went missing. Let ItemAware provide you with the power and visibility to reduce tool theft.

ItemAware – Your Tool Tracking Solution

ItemAware is here for you when you need us most. Our robust technology will save you time and money while also eliminating the headaches of supply chain issues, tool duplication, and theft.

Our team would love to talk to you about how ItemAware can help your business. Get started today by requesting a free 30-minute demo with one of our knowledgeable representatives.

About the Author

Jessica Frye is an expert content writer with 7+ years of professional writing experience. She earned her B.A. in Communication Studies from Wright State University and has worked alongside companies in both the for-profit and non-profit sectors. Jessica is passionate about community and enjoys using the power of words to not only cause people to react but to take initiative.

Categories
Compliance Features Inventory Management ItemAware

ItemAware – Inventory Management Made Easy

You may have heard us talk about ItemAware but do you know how our intuitive, modern software can help you keep track of your “things” while allowing you the freedom to focus on your job at hand? Let our cutting-edge software take the headache out of inventory management.

Better yet, ItemAware doesn’t just stop at asset tracking and item management. Our innovative technology takes the stress out of compliance, prioritizes worker safety, and eliminates time spent searching for your most important equipment. Read more below about the features ItemAware can offer you including keeping detailed compliance records, real-time tool tracking, and more.

Compliance

Preserve worker safety and remain OSHA compliant with calibration, maintenance, and inspection due dates tracked conveniently within our software.

Keeping track of maintenance records coupled with inspection dates can be a job all of its own. Setup alert reminders in ItemAware to ensure that you never miss a compliance deadline again.

Worker compensation settlements are both costly and time consuming. According to the Ohio Bureau of Workers’ Compensation, “approximately 15 percent of the Ohio workers’ compensation claims among workers in the utilities industry result in losing eight days or more from work and cost an average of $46,000”. Your cost of doing business should not include a costly settlement. Keep your workers safe and protect your bottom line by using our software to stay up to date on all important maintenance needs.

ItemAware offers more than just maintenance tracking. Review the graphic below to learn more about the additional compliance benefits of ItemAware.

Failure to remain OSHA compliant can result in significant financial penalties as well as unwanted legal issues for your company. Prevent these fines while simultaneously prioritizing worker safety by allowing ItemAware to keep detailed inspection records for you.

Map View

With ItemAware, you will have a map view of all assets and their exact location. This feature allows you to drill down into each individual truck to see your equipment. At the touch of a finger, our software gives you the confidence to know right where your tools are exactly when you need them whenever, wherever you are.

The graphic below shows you how easy it is to view the location of your tools and trucks. Additionally, users can quickly glance at their mobile device and know if they have all items (green thumbs up), if an item is in the wrong location (orange thumbs up), or if any items are missing (red thumbs down).

ItemAware also makes your tools fully traceable and visible to you around the clock. Did you know the utility industry estimates a 30% annual loss rate of tools: i.e., upwards of $900,000,000 “lost” items annually? Cut down on theft and lost inventory by keeping a history of your item’s current and last known locations.

Our customers say it best. “In the time that we’ve had ItemAware running, we’ve never had to buy another tool… if we reduce our tool loss by 20%, we could save millions.”” – Current Customer, Anonymity Requested

Need to know where your trucks are located at all times? No problem. ItemAware gives you the flexibility to check the precise location of your trucks whether they are stationed in neighborhoods, driving across the country on highways, or anywhere in between. Tracking your trucks and equipment has never been so easy!

ItemAware was built with you in mind. We know that you don’t have time to waste learning how to use complicated software. Our intuitive design and clear prompts reduce the learning curve. You and your team will be up and running in no time.

Always Scanning

ItemAware is always working for you! Our system is always on, reading tools continually. This means you know the current status of each item and you do not have to rely on workers to keep inventories current. This real-time data, made available by the use of geo location in the field, is an invaluable advantage that our competitor’s software cannot offer you.

Inventory Management Simplified

Our cutting-edge software is automatic – meaning no user involvement is needed. Manual tracking and updating item information is both time-consuming and prone to human error, resulting in lost time, effort and money. ItemAware changes that story by automating the inventory process.

Time is money. Decrease your money spent and stay on track with your budget by lowering the amount of effort needed to track your inventory. Manual scanning significantly increases the number of employees you need as well as the amount of hours required to get the job done. Eliminate the burdensome task of scanning barcodes by letting ItemAware automatically – and accurately – do the job for you.

Did we mention that ItemAware is mobile-friendly? We know that you can’t be stuck behind your desk all day – with ItemAware you don’t have to be.  You can easily swipe and view all item information on your mobile device without the hassle of being tied to the office.

ItemAware – The Inventory Management Solution You’ve Been Looking For

ItemAware is the exact technology you have been looking for to save wasted effort, time, and money spent on outdated processes. Let our software take the headache out of inventory management while allowing you the chance to focus on your most profitable goals.

We are here to help you. Get started today by requesting a free 30-minute demo with one of our knowledgeable representatives.

About the Author

Jessica Frye is an expert content writer with 7+ years of professional writing experience. She earned her B.A. in Communication Studies from Wright State University and has worked alongside companies in both the for-profit and non-profit sectors. Jessica is passionate about community and enjoys using the power of words to not only cause people to react but to take initiative.

Categories
Inventory Management ItemAware RFID Software

Utility Industry Uses ItemAware for Tool Tracking

The utility industry estimates a 30% annual loss rate of tools, i.e., upwards of $900,000,000 “lost” items annually. 

Aware Innovations is excited to introduce ItemAware software to the utility industry to help eliminate the cost of lost items.

What is ItemAware?

ItemAware tracks tools, equipment and more, giving users full visibility of assets as well as all designated locations (trucks, sheds, jobsites, etc.). This allows users to know when an item is missing or has been put in the wrong location.

Tracking systems allow companies to stay nimble, react quickly and devote time and money toward actual business goals. Our software is a mobile, intuitive software that easily integrates with multiple technologies.

It can be used on your enterprise system, or we can host it for you. Designed to be flexible, ItemAware is customizable to your situation, your environment, your goals.

How it Works

  • Tag Items with right-size, durable RFID tags
  • Designate locations and assign tools to each location (truck, shed, jobsite, etc.)
  • Use the ItemAware app to see each item’s status and last-seen location
  • Click on items to see item-level details (such as history, manufacturer, and more)

Intuitive & Mobile Color-Coded Icons

ItemAware uses color-coded icons so that users can quickly glance at their mobile device and know if they have all items (green thumbs up), if an item is in the wrong location (orange thumbs up) or if any items are missing (red thumbs down).

First-Hand Experience in the Utility Industry

Concurrent Group, a customer of RingPower Utility Equipment, uses our tool tracking software and gives feedback on this cutting-edge solution on our ItemAware website. To learn more about ItemAware’s application in the Utility Industry or to request a free 30-minute demo, click here.

About the Author

Elyse Cheatwood is our Marketing Manager. With ten years in marketing and ever-increasing knowledge of the Automated Identification Data Collection (AIDC) industry, she creates research-driven content based on market trends, industry updates and tech insights from reputable sources (including the professionals she works alongside).

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