Now available, SMACNA is providing three quick resource guides to help contractors fine-tune their business operations. These quick, easy-to-read books demonstrate how to improve your information technology decision-making and management, manage your purchasing and inventory systems, and control risk through an effective job costing system. Free to members-only, they also contain valuable sample plans you can apply directly to your business.
These helpful guides are available on the Business Management section of the SMACNA website.
Bridge your IT gap: SMACNA’s new “Guideline to Information Technology”
SMACNA’s “Guideline to Information Technology” addresses the “IT gap” by providing an easy-to-read resource guide to navigating IT decision-making and management. The publication delivers guidance on the proper combination of standardized hardware, software, and connectivity.
The 39-page document also includes a Sample Disaster Recovery Plan and a Sample Information Technology Policy and Procedures Manual.
Focus on what you can control with “Materials and Inventory Management Guide”
The practical guide focuses on what contractors can control 100 percent of the time—your inventory and management strategy. SMACNA’s “Materials and Inventory Management Guide” offers rules for deciding when to purchase materials and services—and how much to buy.
This document provides guidance on:
- Analyzing purchases for inventory, quantity levels, and oversight
- Inventory management systems—software and manual systems
- Inventory replenishment methods
- Valuing inventory for use
- Reporting dashboards—operational and financial
Job costing: A critical tool for controlling financial risk
An effective job-costing system helps construction managers and business owners be more profitable—with less risk and the ability to grow and manage larger projects. It is also an essential tool for identifying and controlling financial risk.
SMACNA’s updated book “Principles of Job Costing” provides insight into improving your company’s job-costing system.
Properly set up and managed, a job-cost management system will help make a company more profitable with less risk and the ability to grow and manage larger projects.
The updated book includes chapters on system set-up considerations, the estimating system, converting the estimate into an operating budget, progress reporting, change control, work in progress, and cash-flow forecasting. Appendixes include useful samples of general ledger structure, cost code structure, an estimating turnover checklist, sample accounts receivables escalation process, and a 12-week look-ahead projection on cash.
Learn more about SMACNA’s updated guides, available on the Business and Management section of the SMACNA website.