It’s a domino effect. If your current systems are failing, your productivity is affected in one way or another. If your productivity is affected, your bottom line will be affected, as well.
Systems are a necessity in our industry. Each construction project is assigned a schedule that outlines the timeline for tasks to be completed with an overall project completion deadline to reach. Project budgets are assigned, and plans are put into place according to the construction schedule. The schedule is used to communicate expectations and plan specifics with the key players, and if all goes well, the project is completed within the assigned time frame. None of this happens without systems.
Additionally, we should have systems built around our equipment inspection processes, as well. With an adequate inspection process in place, we eliminate early wear-out and damage to our equipment even some preventable on-site accidents. Efficient systems also provide insight to assist with planning preventative maintenance and for when purchasing better replacement equipment.
It is the power of systems that save construction companies time and money.
In the overall big picture of business, having efficient systems in place can exponentially increase the equity value of any company if it ever comes time to sell. Buyers will see that you have already put things to the test and will be able to see the benefit to your overall profitability. They will also rest easy knowing that they just pick up right where you leave off and rely on a more simple transition.
On a more micro level, putting systems into place in your construction company both inside the office and out in the field have individual financial benefits as well.
Each individual process and procedure has the potential to impact your company’s profit margins. The following are just a handful of additional areas in which implementing systems can lead to huge savings and a jump in company revenue:
- Data Collection, Storage and Analysis
- New Employee Hiring and Training
- Inventory Management
With eesyQ’s digital inspection tool, you can not only align efficient systems with your equipment inspection process, but you can also positively – and easily – impact these three additional areas with efficient systems as well.
The eesyQ tool’s reporting features provide easy analysis to help avoid costly errors and test new valuable ideas and implementation that would otherwise be overlooked. The process of identifying problems and determining what works, what causes something to work or fail, and what can work independently is much easier to manage when there is a standardized process or system in place.
With the eesyQ mobile compliance and inspection tool, companies experience a significant decrease in time spent training new employees with standards set in place, further allowing companies to more easily hold their employees accountable. Standardized inspection procedures allow for more accuracy present in inventory management, as well.
It is a fact that after systems are put into place, standardization follows suit. Like a really awesome domino effect, when standards are set, job performance reaches a more consistent level and performance increases. By participating in developing and implementing standards that streamline your processes and trim costs, your company will continue to build market share and boost your bottom line.
Click here to schedule a free demo and see how eesyQ customized technology is helping companies standardize walk-around inspections, reporting, inventory management, and more.