Intelligent Build.tech Issue 04 | Page 55

NETWORK SYSTEMS

Can digital tendering benefit construction project delivery ?

From a global pandemic , to unprecedented inflationary pressures , construction supply change have been dealt their fair share of challenges . However , Simon Herod , International Lead at EstimateOne believes digital tendering software is here to help , and EstimateOne is leading the way . Herod tell us more .

With economic uncertainty impacting the industry , construction output is set to decline by 1.3 % in 2023 . But how can you shift your daily activities to adapt to the changing landscape ?
Just from my conversations with estimators , it ’ s clear the way the industry ’ s supply chain works isn ’ t simple at all . Sharing project details and getting quotes can make the supply chain even more confusing .
Here are some tips and tricks to ensure your supply chain is running like a well-oiled machine .
Know your supply chain
When it comes to your subcontractors , you certainly don ’ t want to roll the dice . Understanding the intricacies of your supply chain , including who your subbies are and the skills they bring to the table , is part of the job . Establishing a dependable network safeguards against possible disruptions in the future . It ’ s a given that no one ’ s network looks like it did pre-pandemic . With the ongoing scarcity of skilled labour , all contractors are looking to expand beyond their go-to pool of subbies .
Digital tendering platforms , like EstimateOne , help you navigate around those pesky construction delays and roadblocks , ultimately making your projects run like clockwork . The mission here is to empower both the main and subcontractors . Automated platforms can advertise job opportunities and extend invitations to potential subcontractors to submit quotes .
Refreshing your network regularly ensures you retain that competitive edge . By casting a wider net , main contractors are essentially building a stronger foundation reducing their reliance on a small group of subbies . communication between subcontractors and main contractors can cause a plethora of issues , including delays and budget overruns .
Here , digital platforms emerge as the solution , facilitating a seamless exchange of information , where communication can flow with ease . Almost 50 % of contractors and subcontractors claim that realtime stakeholder communication has a significant influence on the project results . Could implementing a new way to communicate mean your project is finished with as little risk as possible ?
Accept automation
The slightest blip in your supply chain has the potential to cause chaos . Having access to a centralised platform can mitigate the perceived risk .
In the whirlwind world of construction , sticking to old-school manual methods for handling tendering might just trip you up right out of the gate . We ’ re here to forge connections , and get the job started , not drown in paperwork , right ? Putting all your trust in outdated and slow methods could result in using obsolete quotes and missing out on opportunities .
Implementing an automated platform creates an ecosystem where the risk of document disputes is cleverly avoided . Automated addenda management makes the risk of document superseding mistakes practically nil .
With automation , those repetitive tasks you ’ ve been putting off are done for you , allowing you to focus on fostering key relationships .
The construction industry ’ s supply chains have a significant journey ahead to achieve comprehensive security . However , embracing automation in your tendering process can offer you a much higher level of security , eliminating the uncertainties in this risky business . When both parties do better , subbies win more work , and you have more accurate quotes , it ’ s as simple as that ! �
Seamless Communication
Communication gaps stand as one of the most pressing vulnerabilities within a supply chain . With fierce competition and margins so thin , the absence of robust channels for effective
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