Join leading companies like CarMax, Discount Tire, and Yamaha who are using Leverege to transform their real-world operations.
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Join leading companies like CarMax, Discount Tire, and Yamaha who are using Leverege to transform their real-world operations.
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Leading companies like CarMax have implemented AutoTrace to track hundreds of thousands of mobile assets, like vehicles and car keys, reducing costs and driving new revenue.
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Leading companies like TPI Composites rely on WorkWatch to improve production efficiency, security and safety with complete operational visibility.
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Leading companies like Discount Tire have implemented PitCrew in all their service centers to achieve maximum performance and throughput.
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Leading companies like Schnucks Markets have implemented ExpressLane wherever they have lines of people or vehicles, delighting customers with shorter wait times and faster service.
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Construction companies face a host of preventable problems, from misplaced inventory and idle assets to theft and delays
Yet for many firms, a surprisingly basic issue continues to drain resources and delay projects: a lack of proper equipment tracking.
Without a reliable system in place, construction companies face a host of preventable problems—from misplaced machinery and idle assets to theft and operational delays. Let’s break down the real cost of not tracking your equipment and how the right technology can unlock major savings and boost job site performance.
On chaotic job sites, it’s easy for equipment to be forgotten, misplaced, or simply go unnoticed. A scissor lift might be left behind on a site or a generator could sit unused because no one remembers where it was last parked.
The result? Underutilization.
Roughly 30% of construction equipment time is idle, which is a huge sinkhole for cost and efficiency. One estimate shows a typical firm with six pieces of heavy machinery could lose over $200,000 annually due to idle time and poor utilization.
Worse yet, without visibility, managers often over-rent or over-buy equipment “just in case,” adding unnecessary expenses to already tight budgets.
Construction equipment is a prime target for thieves. With machinery often left exposed overnight, the U.S. sees an estimated $300 million to $1 billion in construction equipment theft each year.
Even when theft isn’t involved, unauthorized after-hours use can wear down equipment, create liability issues, and impact asset lifespan.
Without tracking systems, job sites become “low-risk, high-reward” environments for theft and misuse.
Construction is all about timing. If a needed forklift or loader isn’t where it’s supposed to be, crews can waste hours hunting it down—or worse, sit idle waiting for a replacement.
Unplanned downtime can cost hundreds to thousands of dollars per hour, especially when subcontractors are involved. Downtime rates of 20–30% are common in the industry, much of it caused by delays related to missing or mismanaged equipment.
This inefficiency drives up labor costs, delays milestones, and puts projects at risk of budget overruns or penalty fees.
Despite these high stakes, many contractors still rely on spreadsheets, whiteboards, or even paper logs to manage multi-million-dollar equipment fleets.
Manual methods are:
Without real-time insights, managers make decisions based on incomplete or inaccurate information—leading to costly mistakes and missed opportunities.
So what’s the alternative? Modern location-based equipment tracking solutions bring real-time visibility and powerful data to construction fleets—delivering massive benefits:
Know exactly where your equipment is and how often it's used. With telematics, managers can:
Result: Lower cost per hour and higher ROI on every piece of equipment.
Trackers don’t just help you find stolen equipment—they help prevent theft in the first place.
All of this translates to fewer losses, faster recoveries, and lower insurance premiums.
With real-time location data, project managers can:
This coordination minimizes downtime and avoids the scramble for last-minute rentals or rescheduling of crews.
No more searching job sites for “that one missing loader.” With tracking software:
All of this means faster project completion, fewer delays, and healthier profit margins.
Construction is a high-stakes business where margins can vanish due to the smallest inefficiencies. Equipment tracking may seem like a small investment—but in reality, it’s one of the smartest moves a construction firm can make.
From eliminating idle time and reducing theft, to streamlining operations and increasing productivity, the benefits are clear: Tracking your equipment pays for itself many times over.
So if your team is still using spreadsheets or gut instinct to manage equipment, it might be time to upgrade—because in today’s industry, visibility is power. Interested in starting the process? Reach out and get a demo of AutoTrace today.
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