March 18, 2021
The market is shifting, the margins are shrinking and both contractors as well as distributors have to adopt and can learn how to benefit from each other.
As jobs get larger and margins get smaller, only contractors that can improve productivity through better management of time, cost, and quality will survive. Material handling activities are costly. They can have a significant impact on job profitability and productivity. By reducing composite crew cost and reducing the time that skilled tradesmen spend handling material and other nontechnical activities a lot of savings can be one.
Appropriate training for Project Managers, General Foremen and Foremen on how to manage the material handling activities and time as well as the stockmen’s training in how to support the contractor can help improve the overall job productivity.
Partnerships between electrical contractors and their distributors have demonstrated significant cost savings for both partners. By reducing the costs associated with procurement, electrical contractors and their distributor partners can outperform their competition and increase profits.