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How To Improve The Management Of Construction Site Inventory

Construction Marketing

Site inventory management is a crucial part of any construction business. However, construction inventory can run into a few specific challenges. Updating your inventory management style will require a bit of creativity in equal measures of practicality. Continue reading to learn more. Implement The Use Of Management Software.

Inventory 271
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Managing Supply Chain Disruptions in the Construction Industry

Construction Business Owner

How is your budget holding up under the prices of the raw materials and labor you’ve been choosing? The answers to these questions will help you pinpoint vulnerabilities in your construction supply chain — from suppliers who have run short on inventory to exorbitantly priced raw materials. How “healthy” do those suppliers seem to be?

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Homebuilders Keep a Steady Pace as the Market Cools

Pro Builder

As mortgage rates quell heated competition and elevated buyer demand for existing homes, builders are finding ways to offer affordability to a more budget-conscious consumer base. The housing market is cooling, asking prices are dropping, and inventory is on the rise across the U.S.,

Income 105
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Mortgage Rates Are on the Rise, but Now Might Be a Good Time to Buy—Here’s Why

Pro Builder

Not only are borrowing costs rising, but active inventory is steadily declining. Though budget-conscious buyers may be hesitant to purchase at a time when borrowing costs and home prices are surging to new highs, they risk facing an even larger affordability crisis if they wait. year-over-year, The Washington Post reports.

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Top 10 ERP Solutions for Construction Firms

Construction Marketing

According to BSEC’s glossary of software terms , Enterprise Resource Planning Software is a product that “allows a company to manage various aspects of a business — such as accounting, inventory and human relations — in one place. Procore gives you the power to manage accurate project budgets with reliable data drawn from the field.

Software 200
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Using Business Intelligence to Gain a Competitive Edge

Viewpoint Construction Technology

Detailed reports and summaries that outline actual expenditures compared to budgeted costs allow for educated decisions as to where adjustments are needed. Risk management. Be it legal, safety, costs, or delays, construction is a high-risk business.

Risk 169
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How to simplify your daily construction reports

Lets Build

Keeping a detailed daily construction report is useful for more than tracking project progress and productivity; it decreases your risks of experiencing those fears that keep you up at night. It can also help reduce the risks associated with construction projects. Another risk that project managers face is schedule overruns.