The Importance of Supply Chain Transparency
In today’s global construction industry, it’s common to have equipment from Germany, materials from Italy, and parts from China, Thailand and India. At the same time, project schedules have shortened,...
View ArticleAssess Indirect Risks When Preparing a Disaster Recovery Plan
Project delays can have catastrophic financial implications. A contractor's disaster recovery plan must take into account how their risks are connected to their suppliers’ and partners’ risks, and how...
View ArticleNew Game, New Risks – Part II
It is dangerous to become too comfortable and less vigilant to what sometimes are considered nominal risks. Some of the loss is avoidable with very simple blocking and tackling—negotiating workable...
View ArticleSafeguard Your Company’s Supply Chain
Small contractors are particularly vulnerable to supply chain failures, since they typically use fewer suppliers and carry less clout with supply chain partners. Supply chain disruptions can have...
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