Real Conversations on the Industry Today
Construction is a relationship game, but players often work against each other instead of side-by-side. And good businesses suffer.
It’s time to have an honest conversation with everyone at the table.
Featuring subcontractors, general contractors, and suppliers
Kick Off Series: Today and Tomorrow for Money, Materials, and Labor
Money: Breaking Down the Broken Repayment Chain
There’s always that clash in the middle. I think It’s a big inhibitor of growth for these subs. They’re always going to be looking for ways to make the process more efficient and get more cash.
Materials: Combatting Increasing Material Lead Times
Supply chain issues and long material lead times represent risk for the entire industry. Yet the subject matter experts who understand lead times (contractors and suppliers) are pulled into projects at the last possible moment. We asked our General Contractor why and broke down alternative paths to keeping projects on schedule despite long lead times.
There’s sometimes a fear of a lack of competitiveness. If you bring a supplier in early, you won’t get a competitive price. With the challenges now, that’s not true. It’s about value.
Labor: Selling the Next Generation on Construction
For plumbers and pipefitters right now, we’re looking at an average age of 55 to 57. There’s an older generation that is nearing retirement and there’s not enough young people coming in to fill those positions.