Managing inventory is one of the biggest challenges for builders, especially for small to medium enterprises. As demand increases and you undertake more projects, the need for reliable inventory management software also increases.

It is surprising to see the number of builders who still rely on spreadsheets or pen and paper to manage their inventory. These outdated systems lack the functionality and service of automated solutions. As a result, wasting your time and physical resources. Without an adequate system, you risk being unable to deliver your projects on time and within the set budgets.

Considering the digital world we live in today, inventory management software is the way to go and here’s why:

1. Track Inventory Use

It is important that employees return equipment to their designated location. Employees don’t usually intend to misplace stock and tools however, it does happen. With an inventory management system, you will be able to check who last used an item, in the case that it does go missing.

Side note: with this system, employees are more likely to ensure that equipment is returned to where it belongs.

2. Locate Inventory Fast

It is crucial that your inventory is available, in order to efficiently complete projects. However, tracking inventory in different building locations can be quite challenging. An inventory management software will allow you to track all tools and equipment used on-site. Therefore, enabling you to locate anything you need in an efficient and timely manner.

3. Manage Maintenance Activities

Ensuring that your equipment and tools are in good working condition is vital. Considering that your machinery and tools are heavily used, they require regular maintenance. However, sending machines for maintenance isn’t always a top priority. Inventory management software will notify you when construction vehicles and other equipment are due for maintenance.

Side note: maintaining your equipment will allow you to use them for as long as possible. As a result, mitigating any unnecessary additional costs for repair and replacement.

4. Organise All Documents

Uploading, accessing and managing documents is an important part of site management. Whether you’re working on sitemaps, permits, purchase orders, work orders, contracts, submittals or site photos. Above all, effective inventory management software allows you to manage these documents from anywhere.

5. Link Purchase Orders

It is important that employees are well equipped with the necessary tools and materials to get the job done. Inventory management software allows you to receive alerts when inventory is low and create associated purchase orders. Obtaining goods has never been made easier.

6. Meet Industry Standards

Certain industries require you to meet specific compliance standards. With inventory management software you will be able to ensure that your building procedures and practices meet the regulations. As well as, receiving updates on any equipment requirements.

Side note: you will be well prepared for any surprise audits.

 

Overall, inventory management software will improve your project efficiency and productivity. As well as, saving time and money; so you can enjoy your weekends and post-work time, stress-free!

Builders are now implementing cloud-based management systems for more productive inventory management. PiPr is your one-stop software for marketing, sales, stock, and more!

Contact us here to get on top of your inventory management today.