Can't Stop the Growth

CSTG 229: Stop Losing Thousands on Inventory Mistakes with Dave Wigder

9 snips
Sep 9, 2025
In this engaging discussion, Dave Wigder, Co-founder and CEO of Ply, dives into the common inventory challenges faced by contractors in the HVAC, plumbing, and electrical sectors. He shares how Ply helps streamline purchasing and allows for better visibility of materials, cutting down on dead stock and inefficiencies. Dave emphasizes the value of data over gut feelings in decision-making, and explores how AI is revolutionizing materials management. This talk is packed with insights for anyone looking to grow their service business smarter.
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INSIGHT

Materials Consume A Huge Hidden Share Of Revenue

  • Materials often consume 20–35% of contractor revenue yet lack centralized visibility.
  • Centralizing inventory and purchasing data enables proactive decisions and cost control.
INSIGHT

Supplier Programs Need Contractor Data

  • Suppliers are launching VMI and consignment programs to add value beyond price.
  • Contractor-side usage data makes those supplier programs more effective.
ADVICE

Centralize Purchasing To Unlock Discounts

  • Centralize purchasing communications and PO data so nothing is trapped in emails.
  • Use that centralized data to negotiate bulk buys and reduce field supply runs.
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