September 13, 2024 Lueder Construction Cuts Costs with EAM Software

Lueder Construction adopted rental management software from EZO- improved asset management on multi-million dollar construction projects.

Lueder Construction, is a Nebraska-based construction contracting company founded in 1884. The company just celebrated its 140th year in business this year. Lueder experienced some challenges as the company had been relying on spreadsheets and paper calculations to manage all projects for many years.

The company works on projects ranging from $5 million to an extravagant $50 million. And as it scaled, the company faced significant challenges in managing equipment and assets across multiple project sites. 

This was difficult for the warehouse manager, John Thompson, who had to keep track of all equipment used, from the smallest tool to the heaviest machinery. He would manually record key information and then give it to bookkeeping for tracking. 

Soon, it was evident that there was a need for digital tracking and automated reporting, and the company started to consider options for rental management software. The first attempt at deploying a software solution was challenging—the software didn’t provide detailed reporting and had a complicated interface—making logging daily activities a nuisance. 

Lueder was scaling – and it needed a more reliable rental management system. The company decided to deploy a different solution with capabilities that would provide more support to manage its assets in real-time. 

The cloud-based asset management platform, EZRentOut, from EZO, a 14-year old IT company with a long tenure of providing enterprise asset management solutions was just what Lueder needed.  EZRentOut’s real-time asset tracking helped the company better manage equipment across different sites and prevent delays by reducing downtime. Automated notifications for maintenance ensured assets remained in top condition, while custom reporting tools simplified financial tracking and tax calculations. Lueder used EZRentOut’s utilization reports to enhance accountability and maintain transparency in operations.

“Leuder has hit a gold mine with reporting in EZRentOut,” said Thompson.

Lueder was now able to manage its high-scale equipment seamlessly such as skid loaders worth half a million dollars and forklifts worth $10,000 each – assessing availability, and tracking locations.

The solution helped Thompson categorize all the equipment across the organization, no matter how small or large, to enhance transparency and improve discoverability. Printed reports helped the company manage operations such as taxes more effectively. 

With EZRentOut’s flexible, user-friendly system, Lueder was able to tailor and adjust the platform to meet specific requirements. Lueder’s customers, superintendents of different projects, had varying requirements per order. It was easier to keep account of each order, and its requirements and set customized schedules with EZRentOut. 

The company also utilized the platform’s comprehensive reporting features to track rental income, costs, and equipment availability. This enabled better, data-driven decision-making and allowed for a more organized rental schedule. Any gaps were readily filled and the business was able to generate more revenue. 

The software’s customer support team played a key role in helping Lueder fully implement and adapt the solution, ensuring a smooth transition from their previous system. They also played a proactive role in providing support and ensuring smooth operations.

These improvements led to significant time and cost savings on the company’s multi-million-dollar projects. Lueder reported increased operational efficiency, better asset utilization, and streamlined financial processes, allowing them to focus on completing projects on schedule and within budget. 

Overall, EZRentOut became a vital tool for Lueder Construction, enabling them to manage equipment more effectively and boost profitability across all projects.

Subscribe to Industry Today