5 Challenges in Material Procurement for Construction Industry
Like any other industry, the modern era has brought about significant changes in the construction industry. Construction strategies have been refined to turn out to be progressively productive while materials have become more grounded and durable. Construction procurement experiencing a massive shift as it attempts to control costs, solve communication problems, tackle correspondence issues, and guarantee both high quality and sufficient profit for contractual workers. In the traditional procurement method, design-build or design-bid-build is followed. Here, in this model, the planner and the engineer or both design a construction project and then open it for bids from interested contractors by issuing a request for proposals (RFPs). The lowest bidder who is able to meet the requirement of the project is given out the construction contract. The common challenges in construction procurement are: >> Supplier Management Issues: Organizations need ...