How Production Tracking Software is helping Subcontractors Navigate the Current Market
Want to increase productivity at your construction place? COVID-19 affected everything from material available to the cancellation of entire construction projects, forcing the construction industry to change and adapt. The industry has yet to return to normalcy following the pandemic, but it's starting to return to its former self slowly.
In that case, what do you do as a subcontractor? Here in-depth, we'll discuss how subcontractors are still being impacted and how production is still a topic of discussion.
How Production Tracking Software is helping
Subcontractors Navigate the Current Market
Table of content:
- The advantages of digital production tracking.
- List of challenges subcontractors face.
1. Advantages of digital production tracking
The current environment requires subcontractors to stay organized despite so many obstacles. It is not just important for the relationship between general contractors and subcontractors, but it also makes the life of a subcontractor easier. That means less stress throughout the project and an enhanced financial return at the end.
An effective production tracking system makes project management more effective, regardless of delays or fluctuations in the cost of materials. It is no surprise that digital production tracking has become a valuable resource in construction projects.
These characteristics mentioned below will make digital production tracking increasingly valuable:
• Real-time tracking Saves money and time
It is vital to track the most important data with an app including:
- Materials
- Equipment (both rented and owned)
- Hours worked
No more forgetting to write down things later or discovering what you wrote hours later. Additionally, it is easy to pinpoint if the equipment is not being used as much as expected or labor productivity isn't what it should be. Applied to individual cost codes, such as those related to health care, you can easily evaluate how long the cost codes have been running.
Making informed decisions about time and resources can be done more effectively by logging costs as well as by accessing their data in real-time. You can utilize your time and money efficiently and improve your future projects by making these fact-based decisions. Construction subcontractors can now track their production using mobile applications, which means better project management.
• Project management helps navigate supply chain delays
Knowing the amount of concrete poured every day, or how much rebar is installed, means you'll know how well your materials are stocked.
As a result, your data will be able to help you plan ahead and hopefully avoid long delays and stalled projects. While the supply chain remains unpredictable, production tracking can allow you to plan and minimize delays by managing production output.
A digital production tracking and time card can provide detailed evidence (and proof) of what happened on the job site, providing useful evidence for any disputes. Your construction crews will be paid accurately and fairly if they have time-stamped, approved digital documentation.
• Transparency in construction projects
You will still encounter instances of late shipments and high material prices even after your best efforts leaving you with limited options to stay within budget and on schedule.
The most important element of a successful project will be good communication, regardless of project complications.
Many general contractors are becoming increasingly wary of hiring subcontractors who conceal labor shortages or do not carry insurance; as such subcontractors could become liabilities in the future.
Establishing clear expectations from the beginning and being honest with your crew goes a long way. How about adding daily insights on labor productivity as well? Team members who are transparent and communicate effectively will be of great value.
• Produce reports in one click
Reporting and tracking go hand in hand with production tracking.
You can use any record inside the software for downloading, printing, or exporting as a PDF or CSV file - and the exports come professionally formatted with your company's logo and colors.
2. LIST OF CHALLENGES SUBCONTRACTORS FACE:
• Lack of supplies
Subcontractors cannot make a profit due to the shortage of steel and lumber. Despite a decrease in prices, those prices are expected to remain high for the rest of 2021.
• Delays in materials
Along with a shortage of supplies, transport is also struggling to keep up with the demand. Until COVID-19 is over, many of the shipping will pause, and it takes time for activities to resume. There will remain material delays until then for subcontractor businesses.
• In-house construction labor creates a competitive market
Many subcontractors have already felt the effects of this competitive market. As a result of high project prices and the uncertainty of the construction process, general contractors try to do as much construction work themselves. Thus, for the few available jobs, many subcontractors compete.
Look for devices that are easy to pick up and use during the trial period that will assist in making your life easier. Ensure the software can be easily used by yourself and your team to document data in real-time throughout the entire working day. You must document construction hours, materials, and equipment during the production tracking phase. Waiting until the end of the day or for a break may lead to an incomplete (and ineffective) recording of production. Real-time reporting on construction progress is made possible thanks to construction tracking software.
For more similar content: https://www.constructconnect.com/blog/how-time-tracking-can-help-contractors-improve-revenue-and-productivity
Let Sree Bogar Projects assist you with your commercial property project today, whether you need a retail space, an office, a rental property, or a new commercial space.
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