7 Steps to Better Procurement

Description

After working with thousands of contractors to improve their procurement and material management processes, Kojo noticed a pattern among those experiencing exceptional growth and resilience when facing challenges like supply chain disruptions and inflation. We analyzed what these top-performing contractors were doing differently from start to finish and compared their methods to other contractors And what was discovered is that best-in-class contractors simplified their procurement process into seven steps. Efficiently completing one step made the other step simpler. Every ounce of energy had a positive compounding effect, which led to jobs getting done on time, on schedule, on budget, and with lower overhead costs. Unfortunately, many contractors lack a formal procurement process. However, by implementing a standardized seven step process, contractors can save on material costs, increase productivity, and make better business decisions. In this webinar, we’ll break down the seven steps so you can apply better practices to your own business. In addition, you’ll hear real-world examples of how Interior Plumbing & Heating LTD. improved their processes, leading to increased time and money savings. 

Speaker Information: Micah Rodman is CEO and Founding Team Member of Kojo, the industry-leading construction procurement platform. Micah is an industry connector with experience aiding contractors in improving their operations. With insights from conversations with over 3,000 contractors, his expertise lies in optimizing operations, fostering competitive growth, and seamlessly integrating new business solutions. Micah started his career as a manager on Ray Dalio’s team at Bridgewater Associates and is an alumnus of Yale College.

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