Keeping up with the competition isn’t good enough anymore. Electrical contractors must exceed that standard by leveraging technology to eliminate waste and ensure long-term sustainability.
While technologies vary, the contractor of tomorrow will look more like a manufacturing firm than a contracting firm, according to an article on the Electrical Construction & Maintenance website.
“Efficiency is quickly becoming the mantra across construction organizations,” the article explains. “Whether you examine its foundation in Total Quality Management (TQM) or its younger relative, Lean Six Sigma, firms recognize the reduction of waste as an essential strategic imperative.”
Electrical contractors can differentiate themselves by weeding out unnecessary costs. It’s the key to winning bidding wars with your competition and making more money in the process.
Here’s how you can make it happen. For starters, use job monitoring systems so you can accommodate daily job reporting. This way, your field technicians and subcontractors are able to easily report time, materials and expenses through simple web reporting pages, smartphones or tablets.
Using this system, field services agencies don’t need administrative staff to generate cost and profit reports because they are generated as soon as the technicians put their entries in. Systems today can automatically notify companies if profit tolerances are exceeded. This gives agencies time to react to costs or supplier issues before they get out of hand.
Source: Electrical Construction & Maintenance, September 2012