Kojo guide

Electrical Contractors: Materials Purchasing Benchmark Report

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In this report, you will learn how your materials procurement process and its impact on your bottom line compares to industry benchmarks, along with insights on how to improve your current operation.

What you will learn:

  • How much time your purchasing team spends on manual data entry compared to the rest of the industry.
  • How much time your field team spends managing materials compared to industry benchmarks.
  • The average amount of delivery issues that contractors experience on the job.
  • How often other contractors are quoting material orders to find materials savings.

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Modern Best Practices for Specialty Contractor CFOs

Specialty trade contractors face tight cash flows due to supply chain issues and inflation but have a significant growth opportunity with increased commercial construction activity and funding from the Infrastructure Investment and Jobs Act. Success depends on strong cash positions. Additionally, firms must adapt to digital workflows preferred by younger workers, creating process disruptions. CFOs play a crucial role in adopting new best practices to navigate these challenges and remain competitive. This report outlines these practices based on insights from Kojo's 500+ specialty contractor customers.

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