The construction industry has been in the midst of intense pricing fluctuation for years now, and while things may have calmed down a bit from the height of the pandemic, they’re in no way stable. Continued supply chain problems, labor shortages, and the threat of recession all continue to contribute to frequent material price changes.
None of us can stop price volatility, just like we can’t control the economy. So, what can we do about the situation to mitigate risk? Here’s our 3-step strategy: efficient, accurate takeoffs; detailed, accurate estimates; and current, accurate pricing information.
In this article, we’re introducing STACK’s partnership with BNi Building News, which will be a game changer for estimators using our platform. But first, let’s start at the beginning.
No matter how up-to-date your pricing information is, your estimates will be way off with bad takeoff data. With STACK, not only are takeoffs simple to complete with just a few clicks, but also the platform automatically names and numbers pages, allowing for easy searching and document organization.
Attaching items and assemblies to takeoffs also streamlines the process, and collaboration among teams is easy with markup options. All of these features taken together can make the work of takeoffs up to 50% faster without the risk of mistakes that come from paper plans or manual data entry in older software tools.
Accurate measurements combined with a team that’s less pressed for time sets you up for the next phase of your preconstruction process: the estimate.
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