Tracking and Analyzing Materials Purchase Data to Cut Labor and Materials Costs
(Room Show Floor #2159 Technology)
10 Oct 21
1:00 PM
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1:50 PM
Tracks:
Project Management
The biggest cost centers for electrical contractors are materials, responsible for 40% of a job’s costs, and labor, taking the remaining 60%. Removing inefficiencies from your office and materials purchasing process is imperative in saving on costs, scaling your business and increasing your profits. This session will discuss how analyzing materials data will lead to an increase in labor productivity and costs, important metrics to track, best practices when tracking and how to analyze materials data to make smarter decisions on future projects.