Construction Glossary
Supply Chain Disruptions
Interruptions in the supply of materials can delay projects. Material financing helps mitigate these risks by ensuring a steady supply of materials
What Are Supply Chain Disruptions?
Supply Chain Disruptions occur when unexpected events hinder the timely availability of materials and equipment needed for construction projects. Factors such as natural disasters, labor strikes, or transportation issues can lead to delays and increased costs. Effective supply chain management and material financing can help mitigate these disruptions by ensuring a consistent flow of necessary resources, thus reducing project risks.
Example
A delay in the delivery of a certain material due to a shortage caused by a natural disaster affecting the supplier.
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