Construction projects produce huge amounts of data, but an abundance of information can be both a blessing and a curse, depending on how well it’s put to use.
Profitability and efficiency go hand in hand in construction, but it’s next to impossible to be operating on all cylinders if your teams aren’t on the same page.
Whether they realize it or not, most contractors are unknowingly practicing workforce management (WFM) and often on a spreadsheet, whiteboard, home-grown system, or even on paper.
Performance is about doing the job right the first time, but nearly a third of all work is fixing items initially done incorrectly. Rework can have a devastating impact on productivity, profitability, and performance, accounting … about Information Delays Between You And The Field Could Be Hurting Your Projects
Most specialty contractors would agree, on every project, the two most important budget items to manage with the utmost accuracy are labor and material. Unfortunately, these two items are the most constrained in today's economic … about Demystifying Purchase Order Financing for Specialty Contractors
More often than not, successful completion of a construction project hinges on a productive workforce firing on all cylinders from groundbreaking to handover. How efficiently your team can work will have a direct impact on … about Lack of Reliable Information Is the Top Culprit of Poor Productivity
Even in an industry where payment problems are acknowledged and visible, most invoices or pay apps end up getting paid. It’s easy to lament the problems associated with payment in the construction industry.
As a specialty contractor, you have likely relied on Excel for a long time. It’s in every aspect of your business. You use spreadsheets for accounting, estimating, labor planning, logistics planning, and project management. It … about The Six Steps You Need To Take To Break Your Spreadsheet Dependence
Specialty contractors have bigger challenges with cash flow than many other construction project participants; they are close to dead last in the payment line, and their work progress is easily affected by others.
Although the construction industry has largely bounced back from the darkest days of the pandemic, there remains significant challenges for everyone. Rather than surrendering to these challenges, specialty contractors are turning to construction technology to … about How Specialty Contractors Stay Profitable Despite Labor and Material Shortages