Contractors who perform $8,000,000 in annual revenue can double its net profitability with a 10% improvement in labor productivity across all phases (detailing, fabrication, and installation).
This is an impactful statement and one that comes directly from a report just released by The New Horizons Foundation and Maxim Consulting Group and offered by SMACNA (Sheet Metal and Air Conditioning Contractors Association) helps contractors get started or fine-tune productivity tracking in the detailing, fabrication and installation processes.
The report discusses the importance of establishing an effective methodology to track productivity is critical to driving process improvements and increased profitability.
If you are a member of SMACNA, I invite you to logon and download the paper today. If you are not a member, you may want to join to read this impactful report.