The electrical contracting industry is facing a fork in the road with supply-channel management. In their historical roles, distributors play the part of a wholesale/retail combination for electrical components while hoping to be profitable through speculations (currently on steel and copper).
“We’ve always done design-build. Everybody’s done it. A customer calls you up and says, ‘We want to do this.’ They are usually doing remodels. That’s how it starts. Now we do complete projects, out of the ground. It’s a lucrative, competitive priced method that is fair to all,” said Jeffrey L.
Advancements in lamp and fixture technology, new approaches to design and the influence of the International Dark-Sky Association (IDA) are making waves in the outdoor lighting world. “This is the most exciting time ever in the lighting business.
Some contractors buy as few tools as they possibly can while others consider tools an investment to enhance their productivity, so they embrace them,” said Jim Eisele, Greenlee Textron product manager. To a large extent, tools are necessary to perform electrical jobs.
In today's fast-paced and highly competitive industry, estimators are often asked to achieve the impossible: estimate numerous projects, both large and small, and in a very short amount of time. The pressure placed on an estimating team can be intense, to say the least.
It has been predicted that the voice over Internet protocol (VoIP) market is in the early stages of dramatic growth, but VoIP needs a compelling reason for use if its proponents expect the technology to have a lasting effect. For the home, the major advantage appears to be reduced phone cost.
Access control is nothing new. Locks on doors and windows are a rudimentary form of shutting people out. While not the most effective means of control, plenty of facilities use it as their only means of security. ID cards are nothing new either.
Centuries ago, investment decisions were easy. You earned money at your trade, kept your gold coins in a pouch attached to your clothing and knew exactly how much wealth you had. You worried more about survival than the economics of gold values and if you were robbed, you knew immediately.
While the residential lighting market is still largely driven by new construction and retrofitting of single-family homes, emerging trends in multifamily residential dwellings are signaling new opportunities for the design and installation of indoor lighting products.
The next time you review your marketing strategy, consider expanding into the often-overlooked residential market. Many electrical contractors have chosen to concentrate on the cyclical commercial, industrial and institutional niches.
The “Check Clearing for the 21st Century Act” took effect on Oct. 28, 2004. Recall from last month's discussion that this act, also known as Check 21, is intended to allow for paperless processing of financial transactions.
Periodically, it is a good idea to take a look at the Occupational Safety and Health Administration's (OSHA) activities and their plans for the future. This is particularly true following a presidential election.