Remove ABC Remove Cash Flow Remove Industrial Remove Profitability
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How Inventory Control Saves Construction Teams Resources

Construction Business Owner

It’s the careful balancing of stocking enough inventory to meet your construction company’s needs without unnecessarily tying up cash — is an essential component of keeping your business running profitably and productively. ABC classification (also known as the 80/20 rule) can help you determine what inventory to focus on first.

Inventory 226
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Subcontractor Default Insurance: Pros & Cons for General Contractors

Levelset

Construction is a risky business, with among the highest rates of failure of any industry. Some GCs pass the cost of the loss reserve onto the project owner and claim that amount as additional profit on the project. To replace the original subcontractor, ABC Builders hires Water Works to finish the project at a cost of $1.2

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The Small Business Guide to Construction Management Software

Autodesk Construction Cloud

Unlike industry behemoths, smaller players can move faster and be more nimble because there’s not a lot of corporate red tape. . If you’re an SMB in the construction industry, you’ve likely built a strong reputation that helps you win new and repeat business. . Unfortunately, the industry is struggling to accomplish this. .

Software 105