Framework · 18:44
// THE QUOTE
“compound it with the sheer volume of work that's out there right now for a bid”
— Michael Castellani · Able Electric 2016 Limited
Value-based purchasing explained: pay a couple points more for less bandwidth and a smoother job site. Concrete and self-contained.
Full episode at 18:44How an Electrical Contractor Uses Data to Say No to the Wrong Jobs (Able Electric, NS) ▸
THE LESSON THIS CLIP CARRIES
Value-based purchasing — paying slightly more to a supplier who reduces your management overhead — delivers higher net value than always chasing the lowest material price.
“if it's less bandwidth for us to manage it's going to reach site smoother we're going to go use them”
THE CHAPTER IT LIVES IN
Bid selectivity, GC metrics, and value-based purchasing
17:30
Clips like this, every two weeks.
SOURCE: 18:44 of How an Electrical Contractor Uses Data to Say No to the Wrong Jobs (Able Electric, NS)