Name: ToolWatch Operations Management
Uploaded: 2019-03-11T22:16:12.000Z
Duration: 4 min 8 s
Description: ToolWatch Operations Management

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Users of ToolWatch Enterprise software recommend implementing the software for project work. They highly recommend using ToolWatch Enterprise software for managing tools and equipment in project-based environments. Users find the software to be feature-rich and easy to implement, allowing for efficient tracking, organization, and utilization of tools throughout various projects.

Additionally, users suggest utilizing customer support during the setup process. They have found the support team to be helpful in guiding them through the implementation process, ensuring a smooth transition and effective use of the software.

Finally, users recommend attending a course offered by ToolWatch in Denver to enhance proficiency. These courses provide users with in-depth training on the features and functionalities of ToolWatch Enterprise software, enabling them to optimize tool management within their organization.

In summary, users highly recommend the use of ToolWatch Enterprise software for improving tool management in an organization. They find it to be user-friendly, robust, and beneficial for project-based environments.

ToolWatch is a construction operations management platform that, according to the vendor, helps companies improve productivity and streamline operations. It is designed to meet the needs of companies of various sizes, from small contractors to large enterprises, and is utilized by professionals in industries such as electrical contracting, general contracting, mechanical contracting, specialty trades, and utilities.

## Key Features

**Powerful Platform**: According to the vendor, ToolWatch streamlines construction operations by uniting field, warehouse, and back office teams on a single platform. It tracks tools, equipment, materials, and consumables, schedules maintenance and safety inspections, manages inventory levels, and provides reporting and analytics capabilities.

**Equipment Management**: ToolWatch, according to the vendor, enables the tracking of tools, equipment, materials, and consumables, including requests, transfers, service, and returns. It provides visibility into asset utilization and maintenance history, supports procurement, and integrates with ERP systems.

**Tool & Equipment Tracking**: According to the vendor, ToolWatch tracks the movement of tools and equipment from the warehouse to the field and back. It supports express check-in/check-out and self-service mode at tool cribs, multiple locations and hierarchies for tracking resources, and provides unlimited user access for scanning and tracking assets.

**EHS Management**: According to the vendor, ToolWatch streamlines safety inspections and training by enabling job safety analysis, safety observations, and recording and investigation of safety incidents. It converts paper safety forms into digital forms and integrates EHS programs with field, warehouse, and back-office operations.

**Job Site Operations**: According to the vendor, ToolWatch manages onsite logistics for maximum capacity and efficiency. It provides tools for requesting additional items and proactively returning equipment, enables easy transfer of items between jobs and locations, supports virtual safety inspections and toolbox talks, and tracks job site operations and resources.

**Financial Oversight & Procurement**: According to the vendor, ToolWatch creates detailed invoices and financial reports, supports procurement of additional assets, integrates with ERP systems for operational data tie-out, provides data-driven insights for forecasting and strategic decision-making, and ensures compliance with finance and accounting requirements.

**Operations Reporting & Analytics**: According to the vendor, ToolWatch generates customizable reports for specific business needs, provides user-friendly dashboards for key performance indicators, offers historical data for forecasting and asset management, enables data-driven decision-making for improved operations, and supports compliance tracking and documentation.

**Inventory Management**: According to the vendor, ToolWatch provides accurate inventory counts and locations, enables efficient transfers and returns of inventory items, notifies when inventory levels are low, supports purchasing and receiving functions, and improves visibility and control over inventory items.

**Equipment Maintenance & Scheduling**: According to the vendor, ToolWatch tracks and schedules equipment maintenance and safety inspections, sends automated service notifications, captures complete service history, enables proactive creation of equipment service plans, and supports compliance with OSHA regulations and safety requirements.

**Purchasing & Receiving**: According to the vendor, ToolWatch streamlines the ordering and processing of new assets, performs purchasing and receiving tasks from anywhere, sends reorder notifications to avoid running out of items, automates purchase order creation, and provides tools to view, sort, print, and edit purchase orders.

ToolWatch has proven itself to be an invaluable tool for companies across various industries, addressing several critical business problems. By providing real-time visibility into inventory, users are able to easily organize tools and equipment by job and personnel, resulting in a clear understanding of their inventory at any given moment. This feature alone has significantly improved communication within companies by eliminating the need for paper tool requests and streamlining the process of accessing the necessary tools.

Additionally, ToolWatch's ability to store all tools and assets in one system has proven highly beneficial for users. With easy access to a comprehensive database of tools and equipment, unnecessary purchases are prevented, resulting in cost savings. The software also enhances material utilization by reducing wastage and loss, leading to both cost and time savings.

One of the standout features of ToolWatch is its capability to track tools across multiple locations, divisions, and employees on a minute-by-minute basis. This solves the challenge of tool management in dynamic work environments. Users have gained greater visibility on the whereabouts and duration of tools on job sites, enabling them to determine which tools are essential and which ones are only needed temporarily. This level of tracking eliminates delays caused by misplaced or missing tools and ensures that projects remain on schedule.

Furthermore, ToolWatch's flexibility allows it to adapt to the specific organizational structure of each company. Its setup can be tailored to meet the unique needs of any organization, offering a seamless integration into existing workflows. This customization contributes to improved management capabilities for users, making tasks easier to handle.

In summary, ToolWatch proves to be an indispensable solution for businesses looking to streamline their tool and equipment management processes. It solves key business problems such as inventory organization, communication improvements, prevention of unnecessary purchases, enhanced material utilization, real-time tracking across multiple locations, divisions, and employees, as well as flexible setup options tailored to specific organizational structures.

ToolWatch is an operations management platform for the construction industry, helping leaders to manage their tool and material inventories, field and warehouse logistics, and safety programs.  Delivered through a cloud-based platform, ToolWatch provides access to real-time operations data that helps its customers reduce risk and run their businesses more efficiently.

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