3 Ways to Strengthen Your Procurement Process in Any Market
Procurement is a vital component of running a successful subcontracting business. When you’ve been around long enough, you know that strong vendor relationships can carry you through tough times and save you from lost productivity. And with supply chain issues and material price hikes, dialing in procurement is more important than ever. In the last […]
4 Easy Ways to Reduce Lead Times in the Construction Industry
Sluggish supplier lead times are a common inconvenience in the construction industry, but there are plenty of ways contractors can help their suppliers to curb them. When you reduce lead times, you can wrap projects, secure project payment, and move on to the next job, all at a quicker pace. Longer lead times, on the […]
Q&A: Supplier Communication Expectations During COVID-19
We’ve discussed on our blog how coronavirus has impacted GC’s, contractors, and subcontractors. But what about suppliers? We sat down for a Q&A with JC Shore, Managing Director of Ensemble by CED Greentech™ to get a better understanding of how this virus has impacted manufacturing and communications with contractors. JC dives into what supplier’s expectations […]
Why The Price of Construction Materials Will Go Up and What To Do About It
Construction material prices were projected to rise modestly in 2020 according to reports early in the year, but COVID-19 has added a new level of uncertainty to these predictions. But, as history has proven, you can consistently count on the price of construction materials to climb regardless of a global pandemic or looming recession. In […]
Buying Smarter: How to Get a Better Deal on Construction Materials
It’s no secret that construction materials are one of the biggest expenses subcontractors have to deal with throughout a project. A contractor’s ability to navigate their way towards better pricing can be the difference between a profitable project and one that ends up underwater. This is why when Alexander Barthet of TheLienZone construction law podcast […]