Page 54 - IEC Insights Sept-Oct21
P. 54

FEATURE












          TO INCREASE





          PRODUCTIVITY,




          Take This One Task Off




          Your Electrician’s List





          BY TODD REED


       T                                     According to research by MCA, 40% of   and scale to implement value-add  3


          The construction industry is more
                                             an electrician’s time on the jobsite is
                                                                                services throughout the supply chain.
          competitive than ever: timelines are
          shorter, margins are tighter and labor is
                                             spent on non-install tasks. With 42% of
          scarcer. The U.S. Department of Labor
                                                                                shows that a contractor can reduce
                                             going to labor, material handling takes up
          projects that the U.S. economy will need
                                                                                their material handling time by up to
          roughly 10% more electricians by 2028. 1  a typical electrical contractor’s revenue   Research by ELECTRI International
                                             a surprising 17% of the total revenue on a
                                             typical project. 2                 40% when they collaborate with a
          Even as contractors work hard to get more                             single distributor. Graybar can also help
          done with less, 53% of projects run behind   You + Graybar =          streamline the procurement process –
          schedule, and 68% go over budget.                                     one customer was able to lower PO
                                             Peak Productivity                  cost by 72% and frequency by 80%.
          One key driver of this efficiency gap often
          goes unnoticed, or is considered “business   Most contractors think that managing   In comparison, contractors who worked
          as usual” – time electricians spend on the   materials is just part of the job.   with multiple competitive suppliers
          jobsite managing materials, instead of   However, paying electricians to unpack   to lower the price of material upfront
          installing them.                   boxes is the most expensive option   saw cost savings of only 2% or less.
                                             – and takes up time that could be
          A Contractor’s Profitability       spent more profitably on install.  Like any pro, a contractor thrives
                                                                                by focusing on what they do best –
          Depends on Jobsite Productivity    A distributor can help you cost-   install. Collaborating with a distributor –
                                             effectively eliminate redundant work   a pro in logistics – on material
          Looking around a typical jobsite, you will   from the jobsite by preparing material   management frees you to focus
          likely see workers waiting on a delivery   during receipt and delivery. More   on higher-value work, maximizing
          truck, or stacks of parts that need to be   importantly, distributors can optimize   productivity to improve profitability.
          unboxed and carried to the point of install.   project logistics by leveraging expertise




      52  Insights Magazine | September/October 2021 | www.ieci.org
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