Blogs
How Detailed Inventory Plans Improve Profitability
The foundation of any successful operation lies in the fundamental planning stages of inventory control. Without a clear and actionable plan from the onset, managing inventory becomes little more than a guessing game. Good planning evaluates the people, processes and products at every stage of operation to create conditions that make inventory control feasible. Poor...
February 11, 2019
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Distributor Leverages MarginPoint in Jobsite Tool Trailers
MarginPoint is proud to partner with Midland Tool & Supply, a construction tool and equipment distributor based in Oak Park, Mich., as they deliver efficient and effective onsite tool trailers for their customers. Midland’s tool trailers are fully equipped to meet high-demand needs during large construction projects (outages, shutdowns and turnarounds). Midland’s tool trailers are...
January 16, 2019
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Four Things Successful Contractors Will Stop Doing After Investing in Better Inventory Management
Busy contractors wear many hats. Juggling multiple tasks can take your focus off growing and sustaining a profitable business. One of those daunting tasks can be managing your inventory. Do you know what parts are where? Are you manually tracking inventory or not tracking it at all? Who is entering your orders with your suppliers...
December 19, 2018
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Make Automated Replenishment Work for You
As a busy contractor, you shouldn’t have to worry about whether your trucks have the necessary supplies to get the next job done. Automated replenishment keeps contractors one step ahead of the game by maintaining inventory levels through automated restock workflows. Automated replenishment saves time by eliminating manual inventory counts and helps contractors avoid costly...
November 27, 2018
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The Link Between Profitability and Inventory Control for Service Contractors
Maintaining profitability and driving growth is top of mind for service contractors as they battle challenges from labor shortages to increased competition in a hot growth market. They also face competition from big-box stores and customers who try to DIY. On top of it all is a lack of inventory visibility. When cash is tied...
November 12, 2018
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Three Key Applications for Successful Contractors
Your company’s success is dependent upon sending the right technician with the correct material to each job. MarginPoint is designed specifically to provide you with inventory management and automated replenishment solutions and works in concert with your field service and financials software to provide the visibility, structure and automation you and your technicians need to...
October 24, 2018
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Is Rapid Growth Masking Your Inventory Management Problems?
Two major signs to watch for and the available solutions As the economy booms, success can mask a lot of margin-draining problems for contractors. Operations that once ran smoothly when the company was smaller can suddenly become inefficient. After all, as you grow, the number of trucks, people and job types you need to…
October 16, 2018
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MarginPoint Will Be Exhibiting Their Mobile Inventory Management Solution at Service World Expo 2018
MarginPoint, a leading provider of cloud-based inventory management solutions for contractors, will be exhibiting at the Service World Expo on Oct. 10-12, 2018 in Las Vegas. Service World Expo is designed for residential contractor experts in the HVAC, plumbing and electrical industries. Visit MarginPoint’s booth at 1906C to learn more and enter to win a...
October 4, 2018
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Property Managers: Is Your Inventory Out of Control?
For property managers, having the right supplies on hand to complete service requests is a must. Without the right supply, your maintenance technicians waste valuable time trying to find the parts or running to the store for materials. As a result, they have less time in the day to complete requests, which hurts your customer...
August 3, 2018
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Trying to Beat The Competition? I Have Some Good News
"Integrating with your customers’ operations creates stronger loyalty and results in a greater share of spend": By Vince Sheeran. If you're like many distributors, you've probably wondered how you'll survive the competition that is already providing a seamless shopping and buying experience online, with quick and accurate delivery. I see most distributors taking the...
July 31, 2018
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