Building a better future
Summary
Gas and electricity - plus their associated carbon costs accumulated in production – not only affect construction operations but also impact the affordability of supplies such as ceramics, glass and bricks. Some inventory essential to a construction project is being stifled by global shortages of raw materials, residual pandemic effects and the growing cost of shipping across our international waters. Construction businesses are increasingly relying on technology to manage their futures, and investment in reskilling, upskilling or reengaging existing and potential talent to attract them to fill skills gaps on a global scale is critical to their long term success. In addition to this, the cost of labour has risen sharply, and according to the UK’s Office for National Statistics there are over 3,000 more construction job vacancies to fill now, on top of the deficits reported in previous years. Other advantages of ERP include the ability to forecast or model raw material costs to projects where savings could be made, for example by potentially buying in bulk or in advance aligned with lead times.
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