Are you struggling to keep track of your inventory and spending too much time and money on purchasing materials?

Inefficient inventory management and purchasing processes are common challenges faced by skilled trades businesses, especially in HVAC and plumbing. These issues can lead to significant financial losses and hinder business growth… but not when you use Ply!

Tune in to hear from David Wigder, co-founder of Ply, about how their innovative solution simplifies materials management for contractors.

Did you know that a $5 million/year contractor could be losing up to $100,000 annually due to poor inventory management? That's a staggering amount of money that could be saved with the right tools and processes in place!

Today, Dave reveals Ply's four-phase approach to implementing their inventory management and purchasing solution, and how it can help trade businesses like yours save time and money.

On this episode of Transforming the Trades, Lynn and Dave discuss:

• The motivation behind creating Ply and its mission to simplify materials management

• Ply's four-phase approach to onboarding and implementation

• The financial impact of inefficient inventory management and how Ply addresses these issues

• Integration with popular field service management software like ServiceTitan and Jobber

• The importance of tracking dead stock and its impact on cash flow

• Why you need an internal champion to ensure successful adoption

  
  

Actionable Key Takeaways for Trades Operators:

• Start small and focus on incremental progress when implementing an inventory management solution.

• Assign an internal champion to oversee the implementation and adoption of the new system.

• Prioritize tracking high-value items and frequently used materials to maximize savings.

• Regularly review consumption reports to identify trends and optimize inventory levels.

• Consider the long-term benefits of improved inventory management on cash flow and business growth.

By implementing a comprehensive inventory management and purchasing solution like Ply, trade businesses can streamline their processes, reduce costs, and ultimately improve their bottom line.

Don't let inefficient materials management hold your business back any longer – take action today and start your journey towards a more profitable future!

The resources mentioned in this episode are:

• Learn more about Ply & book a demo: https://getply.com

• Connect with Dave on LinkedIn: https://www.linkedin.com/in/david-wigder

• Email Dave: dave@getply.com

👍 If you liked this episode, please rate and review us on Apple Podcasts, and be sure to hit the subscribe button! 🔔

📊Looking for more assets to optimize your operations, customer service, and financial practices? Download my free resource filled with 13 top resources for growing your business. Sign up here: https://transformingthetrades.net.

More content from Lynn:

Transforming the Trades Podcast Website: https://transformingthetrades.net

Contractor in Charge Website: https://contractorincharge.com

This episode was produced and brought to you by Reignite Media.

Are you leveraging the latest advancements in AI to transform and future-proof your trade business?

In an era where digital transformation is pivotal across all industries, staying updated with technological advancements is crucial. The same is true for the trade industry, where integrating AI can bring about unprecedented efficiencies.

In this episode, you’ll learn about the evolving landscape of digital marketing for trade professionals. Lynn is joined by Andrew Jenkins, Founder of the digital marketing agency Catalyst RVA, to explore the impact of AI on marketing strategies for trades business - like plumbing, heating, and electrical.

From leveraging AI tools to optimizing search engine results, Andrew sheds light on practical tips and strategies that can help your trade business stay competitive and efficient.

This episode is packed with actionable advice for small business owners looking to make the most of AI in their operations. Don’t miss these insights… or you may soon be left in the dust!

On this episode of Transforming the Trades, Lynn and Andrew discuss:

• The role of AI in digital marketing

• How small business owners can leverage AI starting today

• The evolving role of marketing agencies in the AI era

• Tips for utilizing AI for content creation and marketing

• Why you need to document processes for AI integration

• Critical considerations when using AI tools

• The importance of balancing traditional methods with AI advancements

• Predictions and upcoming trends in 2024 and beyond

Actionable Key Takeaways for Trades Operators:

• Document Your Processes: Just like in the trades, law firms should thoroughly document all standard operating procedures to identify areas where AI can be implemented effectively.

• Start Small: Begin integrating AI with smaller, repetitive tasks such as email automation or content ideation to ease into more advanced applications.

• Stay Informed and Test: Continuously stay updated on the latest AI tools and trends. Test these tools to find which ones bring tangible benefits without compromising quality.

• Maintain Human Oversight: Ensure a human touch remains in areas critical to client satisfaction and legal accuracy. AI can assist, but it should not replace human judgment and expertise entirely.

• Optimize Marketing Efforts: Leverage AI for creating eye-catching visuals and generating marketing content, but always review outputs for quality and consistency with your firm's voice.

The resources mentioned in this episode are:

• Learn more about Andrew’s business, Catalyst RVA: https://catalystrva.com

• Check them out on social media: @catalystrva

• Connect with Andrew on LinkedIn: https://www.linkedin.com/in/andrew-lee-jenkins

• Email Andrew: andrew@catalystrva.com

👍 If you liked this episode, please rate and review us on Apple Podcasts, and be sure to hit the subscribe button! 🔔

📊Looking for more assets to optimize your operations, customer service, and financial practices? Download my free resource filled with 13 top resources for growing your business. Sign up here: https://transformingthetrades.net/.

More content from Lynn:

Transforming the Trades Podcast Website: https://transformingthetrades.net

Contractor in Charge Website: https://contractorincharge.com

This episode was produced and brought to you by Reignite Media.