Henrique Dos Santos, Senior Project Director at Cogent Analytics and recently published in Contractor Magazine, writes about seven steps to increase productivity in your business:
A common source of concern for owners and managers in the construction industry is the productivity of the workforce. Every rework job, every additional 5 to 10 minutes in breaks are costs that are not recovered and lower the profitability of a project. Small and medium-sized businesses need to be very efficient in the use of their resources to make a profit consistently. In times of economic growth labor force skills are not readily available, so owners, supervisors, and foremen need to make use of other strategies to maintain and increase the productivity and profits.
Increasing productivity in the field is a constant quest for managers and supervisors. Business owners should rely on supervisors to manage the different crews while using technology for reliable and timely data, which is crucial for maintaining costs at a reasonable and controllable level. Constant training should be provided to the workforce too.
Here are some essential steps to increase the productivity of the construction teams.
- Work Planning
- Choice of Supervisor and Team Selection
- Use of Technology
- Good Budgeting
- Reduce Outsourcing Services
- Invest in Quality Equipment and Tools
- Reward Your Teams
Read the full article from Dos Santos here on Contractor Magazine.
At Cogent Analytics, we never stop looking for ways to improve your business and neither should you. So, check out some of our other posts for helpful business information: