January 26, 2021
Supply-Side Processes Improve Job Site Productivity
Material delays. Out of stock materials with no anticipated date of availability. These are the realities even the best contractors face from time to time. The good news is there are ways to avoid supplier shortages so you can keep your project’s timeline and budget intact.
In this episode, we invited Buck Buchanan, the president of Buchanan Business Consulting, to share his experience from the supplier side. He breaks down tips and tactics to remain in control of your supply chain no matter what is happening in the market.
Key Takeaways:
- Build multiple supplier relationships. Expand upon what your options are by having one supplier that is cost-effective, one that is reliable in all situations, and a third that is very flexible to meet your unique needs.
- Be aware of the trends in your community. Knowing what is happening nationally and internationally is really important for your planning, but don’t underestimate the effect on supply that the trends in your local area have.
- Building relationships goes both ways. Build authentic relationships with your suppliers. Give grace when possible and avoid treating them like a commodity. Engaging during good times leads to suppliers going above and beyond when you are in a pinch.