Fuel, Fertilizer, Frustrations: How to Know Your Margins in June, Not December

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Key Takeaways
Implement a robust purchasing process with PO numbers and scheduled deliveries to manage costs more effectively than focusing solely on vendor prices.
Avoid adding unexpected surcharges to existing contracts to maintain credibility, but ensure new quotes reflect current material and fuel costs.
Cultivate strong vendor relationships to lock in prices early and ensure material availability, viewing them as partners in your business's success.
Invest in your existing labor force through development, leadership training, and a positive work culture to mitigate ongoing recruitment challenges.
Utilize technology and data to optimize routes, track estimated versus actual hours, and identify non-productive time to maximize labor efficiency.
Conduct a mid-season audit to understand your current financial standing, identify winning and losing services, and make strategic adjustments to routes, pricing, or service offerings.
Encourage and provide opportunities for employees to strengthen soft skills like public speaking and client communication, as these will increasingly differentiate top performers.
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