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ItemAware’s Proven Worth is Evidenced by Partnerships

ItemAware is no longer just a “nice to have”. It’s making a real, measurable financial difference for companies just like yours. This blog illuminates this fact by highlighting our partnership with Ring Power Utility Equipment. Continue reading to learn how the adoption of our robust software has revolutionized our client’s tool tracking processes, saving them both time and money.

As product costs skyrocket, companies are searching for new innovative ways to protect their bottom lines. Rising inflation coupled with supply chain issues have made it more important than ever before to keep projects on time and in budget – and for many companies, these goals can only be met if their team has the tools they need on hand at the right time and in the right place.

At the touch of a button, Aware Innovations’ modern tool tracking software, ItemAware, guarantees that you will always have access to the last known location of your most important assets. This vital piece of information eliminates time wasted on searching for tools that aren’t actually lost, getting your team back to work without unnecessary delays. Additionally, it’s easy-to-use app design further encourages employee accountability by instantaneously providing you with precious data that depicts exactly who used each piece of equipment last.

Before we dig deeper into the benefits of ItemAware, we first want to introduce one of our trusted partners, whose use case will be the focus of this blog, Ring Power Utility Equipment.

Ring Power Utility Group: A Satisfied Customer

If you are in search of utility equipment and tools to get a tough, demanding job done right, Ring Power Utility Equipment is the first place you should look. This experienced company is a proud suppler of utility equipment made by Terex along with other premier manufacturers such as Vac-Con, Spiradrill, Elliott, Brooks Brothers, Manitex, National Crane, Prinoth and Palfinger. In addition to offering a wide range of utility machinery, Ring Power also sells utility line power tools and accessories.

There is much more we could share on this highly reputable company, but the primary focus of this article will be centered on Ring Power Utility Equipment’s pilot program with South Florida utility contractor, Concurrent Group.

A Success Story with Measurable Results

Did you know that tool loss in the utility industry is estimated at 30% annually, a value of approximately $900,000,000? A 30% loss is not a statistic to take lightly, nor is it one that your company has to fall victim to. In fact, Ring Power Utility Equipment has successfully distanced themselves from this startling figure by finding $175,000 of duplicate tools after investing in ItemAware. This major cost savings has allowed them to re-focus their attention on more profitable goals instead of wasting time and money replacing tools that didn’t actually need replacing.

It has been further shown that early adopters of our robust tool tracking software have seen cost savings of 20-30% fleetwide – a savings Ring Power is happy to have capitalized on. This company has taken full advantage of ItemAware’s wide range of asset tracking features, allowing them to not only benefit from significant cost savings but also a multitude of operational efficiencies. Our innovative software has gone to work tracking tools for Ring Power, ensuring that their crews have the right tools required to do their jobs efficiently.

To put it simply, Steve Sarno, VP Power Delivery and Principle at Concurrent Group, stated, “[t]his was the first system that worked”. Furthermore, Mike Beauregard, Senior Vice President and Director of Utilities, Crane and Truck at Ring Power Corporation, describes ItemAware as “technology [that] far surpasses anything major that has come to the industry in a while”.

Due to the high rate of success at Concurrent, Aware Innovations and Ring Power Utility Equipment have proudly begun pilot program discussions with two other major utility contractors in the state of Florida.

ItemAware – An Unmatched Asset Tracking Software

ItemAware far surpasses the capabilities of other tool and asset tracking systems currently available on the market. Its unique, intuitive features include the use of RFID and other technologies. These technologies are all utilized to tag equipment and pair them with a beacon location (truck, shed, jobsite, etc.). The ItemAware app is then used to see each item’s location and last-seen status in real time. By clicking on individual items, a user is given immediate access to a detailed history of the item including locations, manufacturer, status, and more.

ItemAware is automatic, meaning that it is continually scanning without the use of manual labor. Our asset tracking software has revolutionized the way companies keep track of their inventory due in part to its GPS functionality. ItemAware is always scanning to make certain that you know exactly where your tools are – whenever, wherever you need them. With ItemAware on your side, you can rest easier knowing that your inventory will never again be riddled with human error.

Due to its wide range of benefits that are applicable to a variety of markets and industries, the demand for Aware Innovations’ software has been increasing steadily. Chuck Evanhoe, President and CEO of Aware Innovations, stated, “[w]e’re poised for what we hope will be explosive growth because we are solving a unique set of problems. [i]t’s a huge market.” This is an exciting time to invest in ItemAware – and you can do so easily by contacting us today.

Tool Tracking with ItemAware is Just a Phone Call Away

You too can see the cost savings and operational efficiency benefits that Ring Power Equipment has been a part of. 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.

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ItemAware: The Multifaceted Asset Tracking Solution

Set up and ready for Work Truck Week to begin.

Aware Innovations would like to express our sincere appreciation to everyone who joined us at Work Truck Week in Indianapolis, Indiana. This one-of-a-kind event was a great opportunity to see our robust asset tracking software in action while learning firsthand the breadth of its application across many industries. It was our pleasure to meet so many interested patrons and show them exactly how our intuitive software can go to work for them.

ItemAware is the one-size-fits-all asset tracking solution that can be applied to a wide range of market sectors. Our robust, modern software has demonstrated measurable benefits for companies operating in the utility, IT, and medical industries. Cross-industry benefits gained by maximizing the utilization of ItemAware include significantly increasing productivity while simultaneously reducing costs.

Continue reading to learn how ItemAware’s features can be maximized to promote operational efficiencies while cutting unnecessary expenditures.

Maps: Making Your Inventory Fully Visible at All Times

Having the right equipment, in the right place, at the right time is easier said than done. Manual inventory tracking is prone to human error and lacks the capacity to keep counts current in real-time. Our industry-leading asset tracking solution, ItemAware, automates the inventory process by giving you constant, easy-to-interpret access to the exact location of your tools, equipment, and materials.

With ItemAware’s support, you can feel confident that your team will always have the tools and equipment they need to get the job done right the first time.

Automating Inventory Processes: Talent Shouldn’t be Wasted on Menial Tasks

“Any diligent asset management process requires constant involvement from staff but automating the process with RFID requires far less of it.” – Wes Clark, Office of the Chief Information Officer, US Patent & Trademark Office

You hired your employees for a reason. Each team member has the expertise your company needs to be profitable as well as maintain your status as an industry leader. When an employee isn’t being fully utilized, they begin to become disengaged, and their productivity suffers. A study by Gallup found that disengaged employees cost their companies the equivalent of 18% of their yearly salary. This is a shocking statistic that is easily preventable with the implementation of our asset tracking solution, ItemAware. 

One of our customers, the Defense Logistics Agency’s Red River Army Depot, reduced wasted personnel hours by 87% by partnering with Aware Innovations to track 23,000 military vehicles using cellular GPS. This use case proves that you can stop wasting manpower on tasks that can easily be handled by our intuitive asset tracking software. ItemAware automates the inventory process, taking the menial tasks off your employees’ plates and allowing them to refocus their expertise on more profitable goals.

Choke Points: Prevent Misplaced Equipment and Theft

Replacing equipment that isn’t actually lost can quickly cut into your bottom line while also being a barrier to productivity. This financial bleed is only further aggravated when theft inevitably enters the picture. ItemAware’s constant scanning capabilities gives companies the ability to prevent item misplacement while also putting a permanent end to theft. When your employees have the equipment they need readily available, operational efficiencies increase as does revenue streams.

Companies are protecting their budgets by staying lean with the number of tools and assets they have on hand. Our intuitive asset tracking software allows companies to keep quantities right-sized by tracking real-time inventories, eliminating the cost of excess equipment.

Alerts: Never Wonder Where Your Equipment Is at Again

ItemAware gives you the freedom to set your own alerts, ensuring that you are always in the know whenever an item leaves or arrives at a specified location. Critical alerts promote employee accountability by forcing users to check items in and out, giving you a reliable record of who had what equipment last.

History: Because Record Keeping Matters

A log of an item’s location, maintenance, and repair history is an invaluable resource. ItemAware conveniently tracks all of this data and more in a convenient, user-friendly format that can be accessed 24/7, saving you time on tedious record keeping.

User Access: Assign Permissions Exactly as You See Fit

Because no two jobs are ever the same, not every user needs to have the same software permissions. ItemAware allows you to decide who needs what access by giving you the ability to determine the capabilities of each user in the software.

Employees have enough data to sift through – they don’t need to further fall into the trap of information overload. Setting the exact permissions for every users helps your employees increase their productivity by limiting their access to need-to-know information only.

Status: Notetaking Has Never Been So Easy

Even people with the best memories cannot be expected to recall all details at all times – especially when hundreds of pieces of tools and equipment are involved. Our intuitive asset tracking software allows users to view, edit, and take note of an item’s current status. With ItemAware, you will never again waste time trying to remember which tools are broken, active, in storage, etc.

ItemAware: Your Answer to Increase Productivity While Decreasing Costs

Whether you are tracking tools, IT assets, medical equipment, or patients, ItemAware is your solution to productivity and cost issues. Our modern asset tracking software has multifaceted capabilities that can be tailored to meet your unique needs, no matter your work environment, while automating your inventory processes.

What are you waiting for? A better, more reliable solution to all of your asset tracking needs is just a phone call away.

Let’s Get Started Today

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.

ItemAware News RFID Traceability

Track IT Assets Using RFID and ItemAware

The US Patent and Trademark Office needed a new way to track IT assets. The process by which this was currently being done was taking too much time and was vulnerable to error. Read on to find out how implementing ItemAware and the use of passive UHF RFID helped them save $1.2M each year. 

Tom King, PMP, and the US Patent and Trademark Office (USPTO) won RFID Journal’s ‘Best Implementation of RFID in Other Industries’ Award in 2020. The USPTO wanted to reduce the cost of a manual process of tracking IT assets. This labor-intensive tracking process was subject to error due to the almost 1,000 people involved in tracking IT assets worth over $159,000,000. 

A New Way to Track IT Assets: Project Details 

To achieve the desired results of this project, the USPTO implemented ItemAware and the use of passive UHF RFID (RAIN) to track over 130,000 IT assets. Below are details of the project as outlined in the interview recorded by RFID Journal’s Mark Roberti. 

The United States Patent and Trademark Office has:

  • 15,000 employees
  • 8 buildings
  • Approximately 2.5 million square feet of office space
  • One main campus: Alexandria, VA
  • Four regional offices: Detroit, Denver, Dallas, San Jose

The goals of this project were as follows:

  • Reduce the number of employees tracking IT assets
  • Reduce inventory cycle time
  • Increase accuracy
  • Increase asset visibility
  • Reduce asset loss

Requirements of the project included: 

  • Minimally invasive
  • Cost effective
  • Integrate with current asset system of record

Results of using RFID and ItemAware to track IT assets:

  • $1.2M annual savings
  • Reduced Property Custodians from 804 to 275 (employees were able to get back to their real job, increasing satisfaction)
  • Reduced inventory cycle time from 10 to 5 business days each month
  • Accuracy increased 100% due to data from RFID
  • Increased asset visibility and better monitoring of contractor performance
  • Reduced asset loss to near zero

Conclusion – Track IT Assets Using RFID to Save Time and Money

Watch the video below as RFID Journal’s Mark Roberti interviews Tom King from the USPTO office about how they save over $1,000,000 every year using RFID to track IT assets. 

Read the use case on this project to get more in-depth details on how the USPTO uses ItemAware to track IT assets.

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