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Showing posts with label profitability. Show all posts
Showing posts with label profitability. Show all posts

Tuesday, November 19, 2019

Builders: Automated Construction Software Helps Gain Efficiencies

Good News: Homebuilder Order Growth Continues to Accelerate

Have the details at your fingertips!
One of our most recent blogs Homebuilder Construction Rates Accelerating; Let's Talk Efficiency  was developed as a result of two recent Zelman & Associates comments,
"Builder order growth has continued to accelerate; excess speculative inventory has been absorbed and housing starts are picking up to satisfy demand."
"Increasing construction activity always presents the risk of cost inflation and labor tightness."  

Are Your Operations Optimized to Meet the Challenges?

There's nothing quite like throwing ice water on good news, is there?  How are builders addressing cost inflation and labor tightness? Possible to make adjustments and see results relatively quickly?

We'd like to suggest the answer is: YES!

Let's take a look at one of CPS' builder clients currently using our automated construction scheduling software,  FieldCollaborate. When asked how they previously managed their construction process, the CEO replied:
"Email and phone. We were really disjointed. There were disputes among FieldManagers about trades because they didn't know who was working on what, when."

Costs and Labor Can Be Better Managed! 

Sound familiar?  What has changed with the implementation of a scheduling system?
"Because you can plan out jobs far in advance (we schedule out 6 months), builders and vendors can forecast materials, allocate labor toward our jobs, etc. The purchasing team can negotiate better prices with vendors as they're able to pinpoint quantities and timing."

Using a Portal to Helps Get Everyone on the Same Page!

We've also talked about the value of SST (self-service technology; take a look at uses throughout a builder's organization in this Blog). FieldCollaborate offers SST with its Vendor Portal. Vendors, using authorized credentials, are able to view their schedules (as well as drawings, photos, notes and the like) up to 6 months in advance.  Builder staff access the same Portal. Everyone's looking at the same schedule, same calendar, same workload.

Critical is the short-term view regarding efficiency:
"The Portal eliminated a lot of phone calls, texts, etc. That extra time allows us to continue to move homes."
Want to find out more about the efficiency and profitability advantages provided by automated scheduling software? Contact us; we can provide a full-featured FieldCollaborate demo!

Wednesday, January 23, 2019

What Can Builders Do to Up Their Productivity?

Productivity Issues Are Long-Standing and Complex


One of this year's "hot" topics has actually been a topic for a number of years -- in 2017, for example, MarketWatch noted, "the construction industry has a chronic productivity problem."

Use Technology to Manage the Details
The reasons are many and the impact is considerable on the global, national and local levels -- as well as individual homebuilder profitability.

Technology Offers Help at the Builder Level!


Rather than looking at the issue globally, however, let's focus on what you, as a homebuilder, construction manager or superintendent, can put your arms around to up your productivity -- which will improvide profitability.

First, however, we'll take note of a MarketWatch comment: there's been an underinvestment, in the construction industry, in technology.

Homebuilding is the Sum of Many, Many Details


Yet, there are relatively inexpensive and highly effective digital solutions that will have an immediate impact on your business -- as they'll help you organize, manage, evaluate and report on the many details surrounding every job.  For example, are you able to immediately answer these questions:

  • Which of my vendors consistently meets my objectives for starting and completing a job on time? How can they access that schedule? What about when things change?
  • Which vendor delivers work that meets my published standards and drawings? Do I have published standards? Are they readily accessible? How do vendors access the latest drawings?
  • How much rework did my plumbing vendor have to do at the Estates community?
  • Were all those homeowner roofing complaints related to this year's heavy rain, manufacturing issues or poor installation?
  • Are punch issues resolved prior to walkthrough? Do I have a way to keep track of the punch items from the walkthrough?
Generate and Track Your Punch Items
Technology for the desktop and mobile devices (software such as CPS' FieldCollaborate construction scheduling and WarrantyWatcher customer service management) will help you create and distribute schedules to your vendors and track performance so you're able to address some of those questions. Consistent, easily available, measurable schedules -- along with all of the supporting details such as standards, drawings and easy access -- are key to getting your arms around some of those details.

Portals, Dashboards, Reports: They're Available & Will Up Your Game!


Being able to analyze which vendors are effective, the reasons behind rework and how punch items are addressed enables your organization to make huge gains in productivity as you use data to make sure you're laser focused on key issues based on facts, not commentary.  Use on-screen dashboards or generate reports detailing past-due punch items, find out which happen over and over, utilize Quality Inspection checklists to catch problems at the task level before your walkthroughs.  That's how technology helps you manage the details!

IBS2019 Before & After!


CPS will be demonstrating these easy-to-use and powerful solutions at IBS2019 in Las Vegas from February 19-21 (you can grab free passes to the exhibit floor here):


Can't make it to Vegas or don't want to wait to up your productivity? Schedule a demo here and we'll be in touch asap!

Tuesday, January 3, 2017

New Home Construction Data: Helping You Design For Long-Term Profitability

Did you have a chance to check out Pain Points: Win or Learn by John McManus?  He focused on 3 things that matter most for builders -- today!

And, those 3 things are within every builder's control (vs. those you can't control such as weather, the economy, etc). Not just large builders, or public builders, or small mom-and-pop builders. All builders.

FieldCollaborate: Moving Beyond Scheduling to Meaningful Data!
The first was sales The second is taking those sales to completions

That is, the construction cycle. You are able to evaluate how your construction process is delivering by reviewing specific information: cycle time and, in turn, profitability.  

McManus suggests: work with greater velocity or... learn the pain.

Greater velocity can't be measured in the abstract, however.  Other factors -- and they're measurable, too -- have to come into the equation or profitability is a one-time gain with a short life.

What are you doing to understand those other variables?

Do you know which vendors show up on time, or have the highest level of rework, consistently have safety issues, always fail field inspections? That information helps shape a long range vision of your construction cycle and helps deliver consistently better results.

We suggest FieldCollaborate -- including the available web Portal for vendors and home buyers -- will help.  It's not just about scheduling, any longer.  You have to consider reporting on quality items, delivery times, subcontractor consistency, safety assessments and punch items.  It all helps highlight factors impacting your construction cycle and allows you to be proactive about the next lot, phase and community -- and design for long-term profitability.

Saturday, March 26, 2016

Builders: Getting Proactive With Construction Data

Did you have a chance to read our last Blog (it's here!).

We highlighted a recent Builderonline article: Pain Points: Win or Learn by John McManus.  He focused on 3 things that matter most for builders this morning!

And, those 3 things are within every builder's control (vs. those you can't control such as weather, the economy, etc). Not just large builders, or public builders, or small mom-and-pop builders. All builders.


Information Helps Clarify Vision!
The first was sales.  The second is taking those sales to completions.

That is, the construction cycle. You're able to evaluate how your construction process is delivering by reviewing specific information: cycle time and, in turn,  profitability.

McManus suggests: you work with greater velocity or... you learn the pain.

Greater velocity can't be measured in the abstract, however.  Other factors -- and they are measurable -- have to come into the equation or profitability is a one-time gain with a short life.

What are you doing to consider those other variables? Do you know which vendors show up on time, or have the highest level of rework, have safety issues consistently, always fail field inspections? That information helps shape a long range vision of your construction cycle and help deliver consistently better results.

We're suggesting FieldCollaborate -- including the  available web Portal for vendors and home buyers -- will help.  It's not just scheduling but reporting on quality items, delivery times, subcontractor consistency, safety assessments and punch items.  It all helps highlight factors impacting your construction cycle and allows you to be proactive about the next lot, phase and community -- and design for long-term profitability.