Forecasting Inventory Procurement Project Management 
Viewpoint Construction Technology
MAY 7, 2019
But along the way, those material costs can start to add up, especially if the materials aren’t procured and managed properly. Construction materials management software has helped ease materials burdens, and with advances like the cloud, it’s getting even easier for contractors to take control of their materials processes.
ProcurementExpress.com
JANUARY 2, 2019
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. WIP is one element of an inventory account.
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ProcurementExpress.com
JANUARY 2, 2019
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. WIP is one element of an inventory account.
Job Order Contracting
JUNE 26, 2017
Defined work flows, data formats, and technologies which enable experiences with the principles and techniques of state of work definition, cost estimating, project management, and performance analysis to be reported, discussed, documented, and reused. Procurement/bidding. Capital planning and management. Cost estimating.
Autodesk Construction Cloud
NOVEMBER 8, 2022
Focus on planning with accurate forecasts . Costs tend to fluctuate when the supply chain is tight, so it is essential to plan and forecast appropriately. Intelliwave Technologies’ SiteSense ® construction software solution streamlines how users identify and track materials, inventory, and equipment. Tech to try .
Autodesk Construction Cloud
MAY 5, 2023
Historically, accounting and IT departments have managed enterprise resource planning (ERP) environments and forced project management teams to make these solutions work for operations. ERPs can be configured to meet the needs of accounting teams, and their on-prem deployment allowed IT to control accessibility.
ProcurementExpress.com
JULY 15, 2019
While cash flow problems can come from several different sources, review the list below for three strategies that construction companies can use to improve their cash flow management process, thus freeing up more working capital and reducing those unpredictable highs and lows that have long been hallmarks of the biz. Embrace Automation.
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