Good News: Homebuilder Order Growth Continues to Accelerate
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"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:
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!
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