Safety shouldn’t be something that management talks about, but doesn’t enforce. Jobsite safety should take precedence over every other aspect of your company, and if it is not a priority in your company, it needs to be. Making safety the most important thing not only helps to reduce costs, but it can also improve productivity on site. Because accidents lead to additional costs as well as delays in projects, when you make safety a priority, you lessen the chances of accidents occurring on site, and you save money in the process.
Bennett Thrasher and Kennesaw State University (KSU) released their third annual Georgia Construction Outlook Survey last week, and I can’t say we are surprised by the results. The survey was led by Scott Hazy and Tom Jollay, co-leaders of Bennett Thrasher’s construction practice, along with Khalid Siddiqi, chair of KSU Department of Construction Management. They got responses back from 149 Georgia-based privately-held construction companies, probably including a number of eVolve MEP Software clients.
“Recruiting and retaining qualified individuals remains the top challenge for the construction industry,” said Siddiqi. “However, it is encouraging to see that the number of organizations focusing on innovation and technology continue to rise as we address this significant issue.”
On behalf of eVolve MEP Software, we have posted multiple blogs and articles highlighting the ongoing labor shortage issue in our industry, and it was encouraging to see this study where the industry is focusing on innovation and technology as one way to deal with this issue. eVolve MEP was built to help electrical and mechanical contractors save time while making the move to Revit and pre-fabrication. Our clients know they have to move forward into Revit, and we offer them training and consulting to move their companies forward before they are passed by more tech savvy competitors.
Another interesting finding that surprised us was that respondents reported an average gross profit margin of only 11%. This seems almost 50% below the national average of 20%. What do you think the reasons are for this margin pressure? Is it rising material costs? Labor shortages? Have you looked at pre-fabrication and the move to Revit? Let us know your thoughts. Reach out to give us some of your ideas on how to move the margin meter higher and how you are attracting new talent. We look forward to serving you and learning more about your company needs.
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Usually, what happens when you see an “Index was out of range” error, it’s because (1) your root folder was deleted or changed names, (2) there is already a folder or a file name in the destination location & there can’t be 2 files or folders with the same name, (3) the file or folder name contains a restricted character (like < > ^ \ / ), or in some rare cases, (4) a folder was inadvertently uploaded as a file.
There are many advantages to improving your fab shop, one being efficiency. A fab shop should be a structured outlet designed to efficiently organize material and easily send it out to contractors on the field. Having a best in-class fab shop will create a more efficient system that helps your company. Another benefit of having a best in-class fab shop is safety. Because the fab shop is operating in an organized and efficient manner, it won’t be necessary to have as many people working in the shop. And as a result, Bauman explained that, “the less people you have on a jobsite, the safer it is.” To go along with this, improving your fab shop leads to more organization, which allows you to complete the same amount of work with less people and save money in the process.