Important Points for Selecting a Construction Supplier

Category: Entertainment

Presentation Description

Contractor selection is a strategic question for the construction industry since the suppliers have an important role in projects performance. Supplier relationship management can help construction enterprise to gain a competitive advantage. Follow the checklist mentioned in this document by Construction Connected to understand how to select the best construction supplier.


Presentation Transcript

slide 2:

Checklist for Selecting a Construction Supplier Selection of a construction supplier should be based on the evaluation of your future potential needs and their track record. The selection is best made when you look for long term relations with suppliers. Both parties should understand each others vision objectives and commitment levels then only a strong and loyal bond can be developed. It should not be a hit or trail method to select a supplier due care must be taken and following points must be checked before finalizing the supplier and the resultant deal. Experience- check their work history and market standing what all achievements are there in their kitty since the time they are functioning in the market. Do they have a strong history of success in working with various clients who had similar needs as yours Online Construction Directory- An online construction directory will have details of all the resource suppliers required for a business. It is easy to get access to them and do a comparative study. Getting the best supplier at best prices has now become easy and efficient. Reference check- do their current or past clients officially recommend them or not Operational Team- Do they have access to a broad range of skilled and experienced tradespeople suppliers and subcontractors who are willing to work round the clock depending upon the work needs Do they have a history of strong working relationships with them on projects similar to yours Consistent management- Will the person who estimates your project also manage the project Having one key contact person helps avoid mistakes that can be made if the job is handed off during the evolution of your project. Practice what they preach- Is the job site run as efficiently as possible Are their field supervisors “working superintendents” who put on their tool belts as often as possible as opposed to merely coordinating the job over the phone while driving to other projects Are they immediately available to answer the inevitable questions that arise each day on construction projects avoiding costly down time Financially sound- are they financially trustworthy Will your funds be secure with them and will they ensure quality work as compared to their charges Do they have a reputation for paying their bills on time Will they provide lien waivers for the work they could not do for you Response rate- Are they committed to serving your needs whenever and no matter how inconvenient the schedule Can they react quickly by being present on site to cater to urgent needs or emergencies Do their supplies reach on time to the

slide 3:

Checklist for Selecting a Construction Supplier construction site or they have time lags Degree of commitment- Is the supplier’s management team totally committed to supporting and advancing the success of their clients Do they understand your long- term plans and are they willing to help plan for your future Do they also focus on the details to ensure that you receive the results you expect Integrity- Do their values match yours Do they have a reputation for ethical business practices and for face-to-face resolution of disagreements Personality match- a personality match of both the parties is essential so as to relate with each other better in a comfortable manner which would result in minimal conflict and a mutual desire to get the job done. There are many construction suppliers who can meet these standards and help you reach your goals. Select one that meets these criteria and is focused on doing their work as well as you do yours and you will have found a good construction supplier forever.

authorStream Live Help