Save Time and Money with the Right Approach to Material Management

Material management is the system to ensure the right quality and quantity of materials are specified in a timely manner and at the lowest possible cost through all construction phases.

For professional contractors, implementing effective material management can have a significant impact on project’s time and cost.

For starters, tracking the quantity of material creates visibility for contractors and owners to identify early warning signs of a problem before it creates a serious impact to the project’s budget and schedule.

In addtition, tracking material can create significant reduction in time spent locating and moving material by referencing accurate storage locations, improving overall project efficiency and reducing potential delays in the project schedule.

Implementation of Lean Construction methods along with proper material management will effectively decrease material waste. Material waste in construction includes rejected structures or materials, materials that have been over-ordered or are surplus to requirements and materials which have been used and discarded.

Since materials make up a major percentage of the project budget, accurately forecasting and planning for material costs throughout the project ensures the previously outlined key benefits are better achieved and potentially improved.

Depending on the size and complexity of the construction project, there are a number of technology solutions that can be implemented to enhance effective material management processes. GPS locations, RFID tags, Bluetooth/NFC devices and QR codes can be implemented to track individual pieces of material. Drones and remote access cameras can be used to track and identify the location of large storage locations as well as equipment required to manage installation of material.

This data empowers companies with the ability to analyze material costs and better execute current and future projects based on data-driven decisions.

Want to enhance your online marketing?
We can help!

Automated Marketing Solution
Social Media Marketing & SEO

START NOW

Comments

No Money to Start? No Problem. Try These 5 Options to Fund Your Business.

Ready For Anything Opinions expressed by Entrepreneur contributors are their own. You might be limited to a strict budget to start a business, but that doesn’t mean you don’t have any options. It is possible to start a business with very little money, if you have the right combination of skills, work ethic and marketing know-how. According to Chris Guillebeau, author of The $100 Startup , “To succeed in a business project, especially one you’re excited about, it helps to think carefully about all the skills you have that could be helpful to others and particularly about the combination of those skills.” Related: How to Start a Business With (Almost) No Money Follow these simple guidelines to fund your business when you have little to no money. No Money to Start? No Problem. Try These 5 Options to Fund Your Business. Yes, making something does take an initial cost in supplies, but often, these products can be sold...

The Morning After: 'Sonic the Hedgehog' got rescheduled

Employees and partners are already testing its streaming capabilities. Every Xbox One title will be playable on Project xCloud When Project xCloud debuts, it'll be capable of streaming any of the system's games (including backward compatible ones) out of the gate without developers needing to make any changes. Microsoft also says when a developer updates an Xbox One game, those changes will automatically apply to Project xCloud versions. However, changes to the developer's kit let a game know when it's being played from the cloud to adjust for different types of displays or run multiplayer games on a single server. The teeth, the legs, the teeth, the eyes, the teeth. 'Sonic the Hedgehog' movie delayed to fix nightmare-inducing design Following a statement by director Jeff Fowler that changes are "going to happen," Paramount pushed back the release date three months to give the filmmakers "a little more time to make Sonic just right." No...

10 Powerful Ways to Master Self-Discipline

Opinions expressed by Entrepreneur contributors are their own. It may be hard to believe when you’re facing a hot-fudge sundae or the prospect of sleeping in versus hitting the gym, but studies show that people with self-discipline are happier. People with a higher degree of self-control spend less time debating whether to indulge in behaviors that are detrimental to their health, and are able to make positive decisions more easily. They don’t let impulses or feelings dictate their choices. Instead, they make level-headed decisions. As a result, they tend to feel more satisfied with their lives. There are things you can do to learn self-discipline and gain the willpower to live a happier life. If you are looking to take control of your habits and choices, here are the 10 most powerful things you can do to master self-discipline. 1. Know your weaknesses. We all have weaknesses . Whether they’re snacks such as potato chips or chocolate chip cookies, o...

ProsConnected.com

Search This Blog