Supply chain delays rooted in the ongoing pandemic have forced developers to rethink construction timelines, strategies and budgets.
Supply chain was always a consideration when it came to the planning on a major construction timeline even before the coronavirus pandemic kicked off a two-years-and-counting crisis, a panel of construction experts said at Bisnow’s New York Construction and Development event last week. But with uncertainty around the delivery of materials, developers are switching more to proactive approaches like ordering materials ahead of time and utilizing off-site storage.
“Leading into 2018, it was just-in-time delivery. It was, ‘How can we be as efficient as possible so nobody’s wasting time moving material, nobody’s spending money when they don’t need to?’ That conversation has flipped,” said Charles Esteves, director for pre-construction at Schimenti Construction Co. “The off-site storage thing has become huge.”
Click here to read the rest of the article written by Ciara Long over at Bis Now
