Although updates are not made to the library in real-time due to the nature of the business, they are made two to three times daily, creating an easy, searchable database for quickly determining which crew last used a specific tool or piece of equipment. As the solution continues to grow in popularity and use, the electronic records will also serve as a component of a complete pricing/cost estimate system for the company.
This solution provides increased profitability for Herzog as foremen feel a heightened sense of ownership for their crew's tools, resulting in a significant decrease in tool and equipment loss. Herzog estimates it is currently saving $20,000 per month on tool replacement. The company is also seeing improved productivity as the solution allows management to know where expensive and unique tools are at any point in time and there is no longer time spent searching for lost or stolen tools.
"Herzog is among the first construction companies in the business to manage our assets electronically and this wouldn't be possible without Honeywell's rugged and reliable devices," said Deric Berry, Fleet Manager, Herzog Contracting Corp. "We look forward to seeing improved productivity and profitability from our crews as we continue to implement this system at other sites."
The success of Denver's West Corridor Light Rail Project resulted in the purchase of a duplicate system to be used in the construction of the North Texas Rail Project, slated for completion in mid-2011.