As we “slam-the-lid” on another year and bid a “not-so-fond” good riddance to 2022, the outlook for construction in 2023 seems bleak, but with some high spots.
Category: Procurement
Commentary – How to find “Meaning” in your work and why some never do
I don’t really know what this young man’s experience has been, but I know mine, and finding “meaning” in my work has been easy. I love the construction industry and think it is a great place for people to build a career.
Effective supplier relationship management
Owner’s who demand the highest standards of care and want to attract the best Suppliers are best served by more balanced contracts
Higher price & cost volatility; mitigating the cost effects of the current inflationary environment.
Material volatility coupled with ever increasing labor costs, have made navigating the current market extremely difficult.
Industry Watch – Payment Terms – Why Extended Payment Terms Could be Bad for Your Company and How They Hurt the Construction Industry.
Extending payment terms is not without consequence and we must be informed on these risks in order to make a sound decision.
Best Practices – The Post-COVID Office – How organizations are managing return to work
The following content was originally published July 2021 on IBM’s Category Newsletter. The Post-COVID Office – Our New Normal By Olivia L’Heureux Category Manager – Facilities With light at the end of the quarantine, Companies are preparing to bring worker’s back to the office. Offices are being reconfigured to promote new safety protocols and make…
Market Watch – How Procurement Can Become a Strategic Partner and Mitigate Supply Chain Disruptions
As we continue our recovery from the impacts of the pandemic, inflation rates across the globe are on the rise.
Happy New Year – Blog Update and Plans for 2022
I wanted to take a moment to share an update and a little about my blogging plans for this year.
Industry Watch – Pay-When-Paid – A Common but Illegal Term that Exists In Most Construction Contracts.
General Contractor should not rely on the Owner’s contract to define the terms and obligations between the Contractor and his subcontractors. Rather, the GC should specifically state any and all of their sub-contractor terms (including payment obligations) independently of the Owner’s obligations to the GC. The Contractor should adhere to those terms independent of what may or may not be happening between the Contractor and the Owner.
Industry Watch – Real Estate – How Real Estate has Been Impacted by COVID and What it Might Mean for the future of the Industry
In the midst of the COVID-19 pandemic, the effects of mass quarantines around the world has created a great deal of uncertainty. The decision by many of the World’s largest Companies to permanently work from home, has left Landlords holding their breath as they wait to see what the market does.
ProcureCon Facilities – A Virtual Event from WBR – Dealing With Disruption, Continuing To Save, & Defining The New Normal.
Typically I try to announce speaking engagements in advance, but as you know, I’ve been a little off from my normal routines lately.
Regardless, I recently participate in a virtual event hosted by Worldwide Business Research (WBR) creators of the ProcureCon series.
The event was hosted and moderated by Ryan Kulp (Program Director for ProcureCon Facilities). The three hour event included panel discussions, presentations, and fireside chats with 9 leaders in Facilities Procurement.
The segment I participated in was a fireside chat between Ryan, myself and my friend and colleague Michael Beauregard.
Update – The CoronaVirus – Why It’s Been Several Weeks Since My Last Post and Why It May be A While Before You Hear From Me Again.
You might have noticed that I missed a few postings over the last few weeks. My last post published 3 weeks prior to my sitting down to write this post.
Don’t worry, I have not been exposed to Corona Virus. My lapse in activity is attributable to being too busy with work combined with a temporary lack of motivation.
In a previous post I shared how the beginning of this year started with several hot projects. Despite the impact of the Corona Virus, none of those projects have slowed down. That together with a flurry of other activity has made it very difficult for me to find time to write.