AutomationMore Like This

As both human and material resources are scarce and construction projects are increasingly complex, it is still an accepted belief that the contractor must deliver the project on time, under budget and with guaranteed quality. Contractors are challenged to deliver in all three areas for the project to be considered successful. What, then, is left to differentiate one contractor from another? How can contractors and subcontractors prove their competitive advantage and ensure that they stay on the leading edge of those typical, minimal commitments?

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Managing Your BusinessMore Like This

Distributors in building and construction supplies are well aware of the benefits automation can deliver. When it comes to the physical supply chain in particular, automation leads to improved fulfillment management, optimized processes and increased profits. However, the impact automation can have on the financial supply chain is often overlooked.

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ContractsMore Like This

In every industry, technological advancements are helping companies to be more efficient and save money. Construction is no exception. According to the 2016 report on the results of a global PwC survey, Industry 4.0: Building the Digital Enterprise, respondents anticipate a return on their investment in technology over the next five years. Participants in all industry sectors expect to realize a 2.9 percent increase per annum in revenue. Engineering and construction companies anticipate a revenue gain of 2.7 percent per annum. On average, companies across all sectors expect to reduce costs by 3.6 percent annually.

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Best PracticesMore Like This

The key to success on any team is communication. For many teams, this is easier said than done, mainly because setting up an environment that is conducive to effective and efficient communication can seem like a daunting task. Too often, this is because people overcomplicate what is necessary for a quality communication infrastructure.

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Business DevelopmentMore Like This

Anyone who studies history understands that to look back is to look forward, and it seems construction technology follows suit. As construction is rapidly moving into a digital-first world, companies are seeing major shifts in the ways technology helps them streamline practices, reinvent personnel and equipment management and even use virtual and augmented reality to ideate, construct and maintain their buildings. The speedy pace of innovation has heads spinning, often leaving companies feeling a sense of fear from a lack of control.

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AutomationMore Like This

Every year it seems that a new “silver bullet” software package emerges, promising to automate critical marketing practices to increase sales. Because field sales alone cannot possibly maximize revenue across all accounts, a software solution may seem like a cost-effective way to support uncovered or underserved accounts. As a result, many businesses now use some form of marketing automation softwareeither a standalone program or as a part of a CRM system.

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