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Improving technician effectiveness is essential if you want your field service company to grow. The more effective your field techs are, the more customers they’ll reach, the more revenue you’ll generate, and the more long-term business your company will create.

Companies across industries are facing serious retention problems. Unfortunately, losing employees in the field service industry means widening a severe trade skills shortage. However, there is a tool that could help field service companies attract, increase, and retain talent: technician effectiveness scorecarding. In this article, we dig into the five ways your company can use tech scorecarding to boost and retain talent.

With retention sliding and the trade skills gap growing, technician effectiveness scorecarding is more important than ever. By creating an efficient scorecarding strategy, you can increase your field techs’ skills, spot new opportunities, and drive company-wide growth.

If you want to grow your field service company, it’s essential that you measure and improve your field technicians’ effectiveness. Technician scorecarding can help you boost the potential of your best techs, upskill lower performers, and increase tech efficiency all around.

There’s no room in the petroleum equipment service industry for inefficient inventory management processes. With so much time and money riding on your company’s ability to manage parts and core returns, nailing down a precise inventory management strategy is an absolute must.

As financial tensions rise, most field service company leaders are wondering, “Where should we go from here?” Everything from supply chain disruption to inflation to cost uncertainty has shaken the industry. Now, as nearly 70 percent of CFOs in one survey predict an upcoming recession, it may seem impossible to build out a strategy with confidence.