Case Study: AMECO achieves faster, more accurate asset management with ToolHound

AMECO saves £474,000 annually with ToolHound's 48-second asset transactions

AMECO, a major equipment and tool provider for the construction, mining, and industrial markets, faced the immense challenge of managing a vast inventory of over 780,000 tools and items valued at £13.6 million for a large-scale oil sands project. Their challenge was to efficiently track this inventory across 23 distribution centers serving 8,800 workers while preventing asset loss and eliminating delays caused by tool unavailability, which traditionally cost construction projects millions in ineffective labor hours.

ToolHound implemented its HOUNDware Onsite system, which used barcode scanners and a wireless network to track all tool withdrawals and returns in real-time. This solution from ToolHound generated significant measurable impacts, including annual labor savings of £474,000 for distribution center personnel and nearly £950,000 in saved time for the construction workforce. The system also provided crucial accountability, virtually eliminating data entry errors and drastically reducing the risk of the £2.5 million in annual losses typically associated with tool unavailability.

AMECO