Remove Finance Remove Forecasting Remove Inventory Remove Profitability
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How to Deal with Extended Lead Times and High Material Costs

Levelset

Contractors report that supply chain disruptions impact inventory and their ability to forecast for the future. According to the 2022 Construction Cash Flow & Payment Report , construction businesses reported slow payments contributed to wasted resources (45%), reduced profit (41%), and failure to meet payroll (18%). .

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. They also serve as a way to check up on the financial health of your organization and ensure that you’re budgeting and forecasting accurately.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. They also serve as a way to check up on the financial health of your organization and ensure that you’re budgeting and forecasting accurately.

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15 Management Systems to Help You Avoid the High-Speed Wobbles

Pro Builder

history due to low inventories of existing and new homes, low mortgage interest rates (even with recent rate hikes), Baby Boomers downsizing, and Millennials entering the for-sale housing market en masse. While all of that is good news for home builders, simply ramping up volume and sales isn’t synonymous with increasing net profits.

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Industry Focus – Retail: Less Than Six Degrees of Separation

Buisness Facilities Contributed Content

R etailing involves buying large quantities of goods and selling them in smaller quantities to consumers for a profit. The National Retail Federation (NRF)—the nation’s largest retail trade group—recently released its 2016 economic forecast. Keys to the Cape’s Forecast. By the BF Staff From the March/April 2016 Issue.

Retail 40
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Keep Construction Office & Operations Teams Happy with These ERP & Financial Integrations  

Autodesk Construction Cloud

Until recently, software applications for managing the finances of construction paid little attention to anyone outside of the back office. Fortunately, integrations between project management solutions and ERP/financial systems are helping make managing finances, fieldwork, and everything in between much simpler.

Office 52
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Economic Growth Continues, Manufacturing Growth Expected In 2013

Buisness Facilities Contributed Content

Economic growth in the United States will continue in 2013, according to purchasing and supply management executives in the December 2012 Semiannual Economic Forecast. These projections are part of the forecast issued by the Business Survey Committee of the Institute for Supply Management ™ (ISM). percent reported in April 2012.