Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast cover image

#164 - "We Lose $1,000s Every Day": The Simple Fix to Streamline Your Accounts

Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast

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Optimizing Purchase Orders and Inventory Management

This chapter explores the challenges and strategies in enhancing the purchase order system and inventory management for plumbing, electrical, and HVAC sectors. It emphasizes the importance of skilled warehouse staffing, stringent purchasing controls, and systematic integration of job orders with purchases to prevent financial losses. The discussion also highlights effective negotiation with vendors, meticulous invoice reviews, and strategic oversight to foster operational efficiency and accountability.

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