Inventory cost is the second largest expense to contractors. Poorly planned or poorly managed material on the jobsite is known to dramatically increase man hours and labour cost by as much as 40%. By exploring the practices of other inventory intensive businesses and the principles guiding material procurement, movement and availability, a contractor can develop and implement practices which result in improved or even ideal inventory cost management and control.
Ideal Jobsite Inventory Levels
Description
Duration: 1 Day
Instructor: Dr. Perry Daneshgari or Philip E. Nimmo IV
Inventory cost is the second largest expense to contractors. Poorly planned or poorly managed material on the jobsite is known to dramatically increase man hours and labour cost by as much as 40%. By exploring the practices of other inventory intensive businesses and the principles guiding material procurement, movement and availability, a contractor can develop and implement practices which result in improved or even ideal inventory cost management and control.
