Blogs
4 different ways to utilise construction technology
- Share
-
-
…And maybe not the way you though about construction technology
Implementing construction technology, like a materials tracking system, can ensure you the right materials are at the right location at the right time at the right quantity and quality. It also enables your teams to manage materials and logistics across the entire construction supply chain, efficiently and proactively.
But beyond just that, construction technology can benefit you in more ways that you might not even know about. If you’re investing the time and energy to implement these system into your business processes, make sure you’re getting the most bang for your buck.
Here are 4 other ways for you to be getting the most out of your materials tracking system.
1. Use it in your tendering docs to give a competitive edge & help win more work
A material tracking system provides better visibility for your clients. And proving that your team provides an advanced quality of service gives you a competitive edge that helps your company win more work.
Adding key information about your material tracking system into your tendering process can help your company fight against competitors.
How a material tracking system provides value to clients: provides value to clients:
- Allows clients to get real-time information on what’s happening to materials, even if they can’t visit in person.
- Give them trust that you have rigorous systems to stay across every single piece of materials, even on extremely large & complex projects with heavy customisation
- Having an independent BOM generated to track the materials reduces risks of unexpected variations due to mistakes in the drawings.
2. Use the data collected to make smarter business decisions
Another advantage of a material tracking system is that it logs every transaction & provides your team with analytics that helps identify inefficiencies and areas for improvement.
This data allows you to confidentially enhance your business processes and makes construction and project planning easier.
Things you can learn from material tracking data:
- Understand which materials have the lowest defect rate
- Understand turnaround times for materials and which ones manufacture quickest
- Find out which projects are running the quickest, and use that to improve your fabrication/installation processes – use the data to your competitive advantage.
- Use real-world install or product rates to inform your tendering process and ensure you’re going to come out ahead.
- Understand which materials have the lowest defect rate – if the data shows you that a particular powder coating is always going to cost more in on-site defects, then better factor that into your cost up front than get a nasty surprise.
- Know which jobs need additional staffing & which ones don’t by comparing your daily run rate across projects against the due date. If your team was running behind, but they’ve not only caught up but are hitting a rate faster than required, then some of your team can be sent to other sites that might need them more.
3. Use construction technology data as proof
👋 Say goodbye to the days of being faulted for a defect you didn’t do 👋
Because a material tracking system is tracking every material from its original source to final install — you’ll always have a full historical record of every update and touchpoint ever made to it, and by who.
The ability to add time-stamped photos, comments and files ensures that you’re covered in the ongoing construction blame game, as stored information and audit trails can be used to resolve dispute resolutions.
4. Construction technology = stronger reporting
Would the ability to provide accurate reporting without having to invest the human resources free up time and budget for your next project?
A material tracking system simplifies the reporting process and automatically exports your data any way you want.
Be confident in knowing that you’re sharing the most accurate data with stakeholders to track progress, materials, defects, deviations, and more.
Advanced reporting examples:
- Progress claims
- Defect lists
- ITP reports
- Rainbow/progress charts
Want to know more about Material tracking?
Check out our construction material tracking software solution page to learn more. Or request a quick demo and our team members will be in touch to chat and provide some additional information and answer any of your questions.
Stay in the know!
Subscribe to get the latest articles from the Matrak.
Related Blogs
4 Ways Suppliers Can Leverage Matrak’s Material Tracking System
In this article, we unpack how Suppliers can make the most of Matrak’s material tracking system.
Matrak Now Integrates with the Procore Plaform
We’ve been working hard behind the scenes, but now we can finally announce that we’ve partnered with Procore Technologies to make materials tracking even better. Read on to know what it means for our customers.
3 Key Benefits of Using a Construction Management Software
What can construction management software do for your business? Check out the key benefits in this blog article.
4 ways Installers can leverage a material tracking system
Did you know that tracking your materials from manufacturing to installation has the power to drive supply chain transparency? How? Because materials pass many hands and are the one common
4 Ways Manufacturing Project Coordinators Can Leverage Matrak’s Material Tracking System 
Think of materials as the glue that holds the entire construction supply chain together. Why is it the glue? Because materials pass many hands. Additionally, they’re the one common denominator