On today’s episode of the Tim Faller Show, Tim and Steve are joined by Ian Schwandt to discuss the importance of purchase orders. Although purchase orders have been in use for a long time and are widely used in commercial construction, they are now being increasingly utilized in residential construction as well. Ian sheds light on how TDS Custom Construction implements their purchase orders and how they have helped improve the financials of TDS Custom Construction as well as the production staff.
Ian is the Production Manager for TDS Custom Construction in Madison, WI. After starting at TDS as a part-time Estimator in 2020, he moved to full-time in 2021 after getting his new home built to the “done for now” stage. Ian moved to the Production Manager role in 2022 with the focus on developing department-wide financial literacy. Ian is also a Contributing Editor and podcast host for Fine Homebuilding Magazine and a frequent contributor to JLC Magazine.
Ian, Tim, and Steve talk more about:
- Obstacles and challenges of using purchase orders.
- Why did TDS start using purchase orders?
- And more…