Blogs

The ROI of Inventory Control: Reducing Unnecessary Spot Buys
Without proper inventory control, technicians waste time (and money) hunting down the parts and supplies they need to complete a job. Each time a technician leaves the worksite and drives to the supply house, they lose anywhere from 45 minutes to an hour each trip. Not only does that impact the number of completed jobs...
August 1, 2019
No Comments
MarginPoint Improves Warehouse Inventory Visibility
Times are good. The economic landscape is ripe with opportunity and companies both large and small are taking advantage of strong economic headwinds. Service contractors know all too well the ebb and flow of commercial and residential construction and savvy business owners are already planning for what comes next. They know now is the time...
July 24, 2019
No Comments
Top 10 Most Essential Tools for Service Contractors

The tools that every service contractor should have handy while on the job.   Service contractors rely on their tools for accuracy, elasticity, craftsmanship, comfort and safety. Here is a short list of “must have” tools that every service person needs regardless of the type of work he or she does. Screwdriver This may not…

July 18, 2019
No Comments
MarginPoint Offers a One-Stop Shop for Effective Inventory Management
MarginPoint is the leader in cloud-based inventory management solutions and helps over 800 companies manage their inventory, optimize their business process and drive more revenue. MarginPoint is the one-stop shop for all your inventory control needs. We help companies optimize inventory in the warehouse, on a fleet of vehicles, in any location and with any...
July 8, 2019
No Comments
The Direct and Indirect Costs of Failing to Track Inventory Turns
Inventory Turnover Ratio = COGS (costs of goods sold) / AIV (average inventory value) Knowing how much product or inventory being sold at any given time is good business. Unfortunately, it’s a calculation that’s often overlooked in service trades such as plumbing, heating and cooling or electrical. Most contractors will agree that its largely due...
June 12, 2019
No Comments
Implementing Mobile Inventory Management is Easier Than You Think
Have you been meaning to implement a better inventory control system for your company, but keep putting it off out of fear of how complicated it will be? Companies managing inventory know that mismanaged inventory can cost them thousands of dollars every month in unplanned purchases and decreased productivity. When your employees don’t have the...
May 22, 2019
No Comments
In the News: Distributors Providing Technology to Customers: Is It Worth the Investment?

Short answer: Yes! Increasingly, distributors are investing in software solutions that help their customers better manage their own operations and those that are reap the benefits. For example, the few distributors that provide inventory management software as a value-added service to their HVACR and plumbing contractor customers are seeing their gross margins grow by over…

May 7, 2019
No Comments
What Would You Do with An Extra 4 Hours Per Day?
Time is money. Any busy contractor knows this is true. It’s the very premise that helps you bid on jobs, schedule work and anticipate the labor hours you’ll need to get the job done profitably. Contractors also know that time management is a never-ending battle and a constant source of stress. According to this article...
April 15, 2019
No Comments
Real-Time Visibility: Inventory Control Solutions from Anywhere
Many companies often tell us that managing their inventory is a challenge and managing inventory with multiple locations (whether it’s a warehouse, truck or stockroom) is an even bigger struggle. Because manual methods of inventory management don’t allow for real-time data and insights on inventory, businesses struggle to accurately monitor usage or predict future trends....
April 3, 2019
No Comments
3 Reports Contractors Need to Gain Control of Inventory
MarginPoint offers customizable, built-in analytics and scheduled reports for contractors that want to improve inventory management. As contractors grow, successful inventory management can often make or break technicians’ ability to keep up. These three reports keep contractors in the know and help them make better business decisions with real-time data on material costs and usage...
March 20, 2019
No Comments

Contact MarginPoint

Call

+1 888 964 2142

Call us to reach Sales, Support or Billing. We’re available Monday through Friday 5 am – 5 pm Pacific.