The Hidden Cost of Travel Time
Picture this common scenario: You've carefully budgeted a job, scheduled your team, and expected healthy profits. Then reality hits - your profit margins are showing red. The culprit? Travel time costs you didn't anticipate in your initial bid.
Understanding Travel Time Requirements
While most managers accurately estimate the time needed for the actual work, they often overlook travel time to the job site. This oversight is costly because, as the U.S. Department of Labor states, "Time spent traveling during normal work hours is considered compensable work time."
Forecasting and Fixing Travel Costs
Chronotek Pro helps you spot these issues before they impact your bottom line by:
Forecasting future travel time based on your schedules
Highlighting potential profit impacts
Identifying which schedules need adjustment
When you notice declining profit predictions, check the future travel column first. This shows you exactly how much travel time is affecting your margins.
Taking Action to Protect Your Profits
Review job schedules where travel time is high
Adjust schedules to minimize travel when possible
Reassign work to employees who live closer to job sites
Monitor the impact of your changes through updated forecasts
Save the red for your roses. Keep your profits in the black by conquering the hidden costs of travel through smart scheduling decisions.
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