Organized inventory management and so much more, starting at just $99/month
Ready to simplify your inventory management process? Schedule a personalized walkthrough of Knowify today.
Easy-to-use tools help you track materials and parts from initial purchase, to storage, to the jobsite. Quickly understand stock levels in warehouses, vans, and other locations.
Assign parts directly from your storage locations to specific project phases or service jobs, whether you’re in the field or the office.
With easy inventory-monitoring that lets you know exactly when it’s time to reorder materials.
Add and manage as many storage locations as you need, including storehouses, vans, and other spaces. Easily add inventory to a given location from purchase orders, or add parts manually.
Allocate parts directly to projects or service jobs, whether you’re in the field or the office. See the impact on your job costs in real-time, and automatically update inventory count in the location the part was taken from.
Transfer materials between locations in just a few clicks to keep your inventory organized. Pull reports that clearly show the entire journey of a given part, from first purchase to final use, and everything between.
Ready to simplify your inventory management process? Schedule a personalized walkthrough of Knowify today.
In construction, inventory refers to the materials, tools, and equipment needed to complete a job.
Using construction inventory management software can help track and manage these materials, tools, and equipment efficiently.
Inventory management is a critical aspect of any construction business, as it directly impacts the success of construction projects. Effective inventory management ensures that the right materials and equipment are available at the right time, reducing delays and costs. In the construction industry, inventory management involves tracking and managing materials, equipment, and supplies across multiple job sites and warehouses.
A robust inventory management system is essential for construction companies to streamline their operations, improve efficiency, and increase profitability. By leveraging advanced construction inventory software, businesses can maintain better control over their resources, ensuring that every construction project runs smoothly and stays on budget.
racking inventory for a contracting business can be as simple or as complex as you make it. You can use software, spreadsheets, paper systems, or do a simple visual inspection. The more detailed you are with inventory tracking, the better you’ll control costs for your business and complete projects on budget.
For this reason, Knowify recommends using software to create a catalog of your parts, equipment, and tools and track their use on a per project basis.
To achieve efficient inventory management, construction companies should follow best practices such as:
By following these best practices, construction companies can optimize their inventory management processes, reduce costs, and improve customer satisfaction. Efficient inventory management not only enhances operational efficiency but also contributes to the overall success of construction projects.
Inventory cost in construction refers to the expenses associated with storing and managing construction materials and equipment. These costs can include the purchase price of the materials, transportation and handling costs, storage fees, insurance, and any losses or damages incurred.
Managing inventory effectively is crucial for construction projects to ensure that materials are readily available when needed, minimize the risk of theft or damage, and control costs. By accurately estimating and tracking inventory costs, construction companies can make informed decisions and optimize their resources to complete projects efficiently and within budget.