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.
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.
The supply chain has experienced many changes and remained a persistent global challenge throughout 2022. Still, our team is confident in building upon the economies of scale and synergistic relationships in the new year. Review our December Supply Chain Market Update, featuring insights from our purchasing and procurement experts, including a significant uptick in industrial and data centers.
Predicting the costs of a construction project is as challenging as ever with inflation, supply chain issues, and other factors constantly in flux. Our experts are analyzing real-time data from our own projects to help pinpoint trends in various markets and help look ahead at the future. These real-time findings are compiled in our Cost Benchmarking Update for commercial interior fit-outs across our markets.
Although lead times have improved for many items, the supply chain remains a persistent global challenge. Check out this October Supply Chain Market Update from our purchasing and procurement experts to get more insights into which areas of material and equipment manufacturing, fulfillment, and distribution are most impacted this fall season.
What happens when even the best-laid plans are consistently challenged by supply chain disruptions? Join David Hamilton, Vice President of Purchasing at Structure Tone, Joe Rossi, Executive Director of Workplace Delivery & National Real Estate at Verizon, Charlie Pavelec, Senior Vice President of Shambaugh’s Electrical Division, and Tom Ike, Executive Vice President of Lutron Electronics, as they dive into the day-to-day challenges and long-term opportunities today’s unpredictable supply chain represents.
Due to external factors such as the war in Ukraine, the supply chain continues to be a global challenge, but our team is following it closely. Our August Supply Chain Market Update analyzes the most recent supply chain developments from our purchasing and procurement experts, including logistical challenges, financial strains, and lead times for raw materials.