Browsing: Supply Chain

With positive trends emerging during 2023 in tenant interior projects across the nation and the supply chain slowly returning to pre-pandemic normalcy, predicting the median costs of a construction project remain a top priority. Our experts have analyzed real-time data from our own projects to help pinpoint trends in various markets and help look ahead at the future. Read more of these real-time findings in our July 2023 Construction Cost Report.

The good news? Commercial leases are back on the rise, and the data center and industrial sectors are going strong. The not-as-good news? That means certain materials will continue to have long lead times. Learn more about the state of the global supply chain in our September Supply Chain report.

Have you considered the significance of a product’s bar code when you shop at a supermarket?

The 50-year-old invention contains a standardized product number essential to the operation of the whole value chain: the retail store, the distribution center, the transportation company, the warehouse, the vendor, and the producer.

With positive trends emerging during 2023 in tenant interior projects across the nation and the supply chain slowly returning to pre-pandemic normalcy, predicting the median costs of a construction project remain a top priority. Our experts have analyzed real-time data from our own projects to help pinpoint trends in various markets and help look ahead at the future. Read more of these real-time findings in our July 2023 Construction Cost Report.

Back-to-work policies in the office sector have gained more and more momentum as of late; even so, office construction is not feeling the full effects just yet. Construction spending on manufacturing projects has reached record levels, with businesses being enticed to establish production right here in the U.S. The availability of electrical gear, however, still poses a challenge and exceptionally long lead times aren’t improving. Our May Supply Chain Market Update covers these topics in detail and also presents the potential consequences they can have right now and in the future.

Almost three years have passed since the pandemic threw a major wrench into the supply chain. What issues still remain? Are things getting better? David Hamilton, vice president of purchasing at Structure Tone, has been keeping a close eye on this ongoing ripple effect, and here shares some lessons learned and what he is seeing going into 2023.

The supply chain conversation continues! As global events, rail transportation, and other factors impact the availability of materials, our STOBG experts are monitoring these market variables and communicating with trade partners—and one another—to respond to supply chain challenges. Read more in our Supply Chain Market Update.

Predicting the costs of a construction project can be challenging, but our experts have analyzed real-time data from projects across the globe to help pinpoint market trends and look ahead at the future. Learn more about these real-time findings in our Cost Benchmarking Update.