Considering modular construction economics includes weighing both the benefits and drawbacks of modular construction investment because efficiency is imperative to growth.
Cost benefits of modular building include:
Reduced Construction Time
Modular construction typically takes less time than traditional construction because teams fabricate modules off-site while simultaneously making on-site preparations. This benefits modular construction economics by reducing labor costs and generating earlier revenue for the project because the construction team completes it faster.
Gomocha’s software focuses on the cost benefits of modular building by streamlining workflows, reducing administrative overhead, and reducing errors.
Waste Reduction
Modular construction investments mean less waste than traditional construction since teams fabricate modules in a controlled factory environment. Innovative technology that ensures accurate measurements means that teams can avoid the inaccuracies and overdesign associated with on-site construction. Conventional construction processes generate considerable waste from packaging, materials, and debris.
Another benefit for both waste reduction and modular construction economics overall is that, in modular construction investment, construction teams typically reuse components. Many manufacturers also utilize recycled materials. Furthermore, teams can easily break down modular structures, move them to different locations, or reuse them because modular elements are constructed for smooth disassembly.
Labor Optimization
Gomocha’s platform tracks labor hours, skill sets, and task assignments, ensuring that resources are utilized efficiently under modular construction economics. Fabrication, assembly, and quality control are streamlined in factory settings.
Furthermore, field service platforms like Gomocha support remote training is an alternative to traditional in-person classroom training, reducing travel costs.
Challenges in modular construction investment include:
Initial Capital Investment
In modular construction economics, the initial capital investment necessary for setting up manufacturing facilities and purchasing equipment can be substantial for modular construction investment.
Transportation Costs
When considering modular construction economics, transporting modular components from the factory to a construction site can be costly, especially for projects farther away from manufacturing facilities.
Regulatory Compliance
Modular construction projects must comply with regional building codes and safety standards, among other specific regulations. Additional costs for compliance documentation and inspections could affect modular construction economics.
Maximize team productivity, increase customer satisfaction, and boost work flexibility thanks to Gomocha’s comprehensive dashboards and reports feature that counter the challenges of modular construction economics through:
Real-Time Analytics
Improve KPI definitions and measurement with data based on a map, pre-built dashboards, and reports.
Easy-to-Use Digital Form Designer
Transform all paper-based checklists into easy-to-access digital files.
Deep-Dive Service Report
Get customers on the same page and provide credibility to your organization with Gomocha’s instant service report feature.
Database Manager
Keep all service data in one place while allowing back office staff to add data, register fields, and update workflows — all without coding required.
Service Performance Indicators
Keep track of your entire service operation in real-time. From the service delivery process to individual tech performance, you’ll have a bird’s-eye view, so stop winging it.
Comprehensive Planboard
See real-time insights, calculate travel time, manage your field team and subcontractors, document work, plan routes with GPS, and manage field quotes.
Although there are a few upfront challenges when considering modular construction economics, a high-quality field service platform, such as Gomocha, can lead you to the cost benefits of modular building through detailed, real-time analytics, streamlined reports, and 24/7 support.