With supply chain issues dogging the industry, it is important to understand what the standard construction contracts say about delays.
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Nick Collins, outgoing Chief Executive, Metals New Zealand, says with COVID-19 revealing the fragility of supply chains and as the shift to a low-emission economy gathers pace, the government should back and incentivise local product procurement.
James MacQueen, Partner and Head of Construction and Real Estate at business and advisory services company BDO, says that, with supply lines under pressure, dealing with the consequent problems requires planning, flexibility and perhaps some change in attitude.
An extraordinary number of trends and events have coincided, causing unprecedented chaos in the supply chain for construction materials. Some trends have their origins decades ago, and others are likely to continue their impact well into the future.
Leadership across all levels of the supply chain is required if we are to succeed in building a better, and safer, construction industry.