Remove Construction Remove Forecasting Remove Inventory Remove Procurement
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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.

Inventory 271
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Unlocking the Power of Data Through Construction Ecosystems? 

Autodesk Construction Cloud

In construction, data flow across project teams and phases is essential to meeting key milestones and tracking performance metrics.?But But connecting data can be a hurdle on jobsites, particularly when coordinating construction resource management and Advanced Work Packaging (AWP) , which require ample planning and collaboration. ? .

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A Look at Lumber Prices From the Supply Side

Pro Builder

In January and February of 2020, the price of lumber and panels began to fall due to an expectation within the LBM industry of waning demand and that inventories were sufficient. . By now, the story is cemented of how we arrived in the situation we face today. What’s Happening Now for LBM Dealers. Photo: Artem / stock.adobe.com.

Inventory 124
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Living in a Materials World

Viewpoint Construction Technology

But along the way, those material costs can start to add up, especially if the materials aren’t procured and managed properly. Relying on manual processes in today’s modern construction era is no longer going to be a feasible option. Maximizing Materials Management.

Materials 205
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LEAN Construction Project Delivery and Facilities Operations, Maintenance, and Life-cycle Management

Job Order Contracting

Procurement/bidding. Construction. Construction project delivery methodology. Inventory and maintenance disposition management. The Construction Operations Building information exchange (COBie) has become one of the most widely known data formats. Construction code databases. Construction cost databases.

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

ProcurementExpress.com

Let me tell you about Construction’s Secret Weapon. In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. 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.

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

ProcurementExpress.com

In the construction industry, WIPs cover the raw materials, plus labor and overhead, used as part of a project. 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. How Does WIP Fit into the Construction Business?