If you want your project to run smoothly, your supply chain needs to be solid. When you have the right suppliers and subcontractors in place, everything works better.
Because if there’s no trust or communication in place you’re looking at late deliveries, unexpected costs, and frustrated clients. In an industry where margins are tight and timelines are strict, that’s the last thing you need.
Read on to find out the reasons why you need to be engaging your supply chain as a contractor.
- Build strong relationships
Suppliers and subcontractors aren’t just names on a list. They’re key players in your project. The stronger your relationship with them, the more likely they are to go the extra mile when you need it.
Try to actually get to know them and check in on things outside of project deadlines so they don’t think you’re just calling because you need something. If you’re open, honest and on time when it comes to payments, you’re building a solid relationship that puts you at the top of their priority list against the other contractors dragging their feet.
- Communicate early and often
Last minute changes happen, but your supply chain should never be in the dark. Whether it’s a shift in schedule or a variation in materials, the sooner you communicate, the smoother things will go. Keeping those lines open, even if it’s not the best news you’re sharing, makes sure they know your word means something.
Remember, they’re running a business too, so treat them with the respect they deserve. A quick call or email can go a long way.
- Plan ahead for materials
Supply chain disruptions are more common than ever. Do your best to place orders early and confirm lead times before finalising your project schedule.
If you have a good relationship with your suppliers, they’re more likely to keep you in the loop on any delays or do their best to get your order in quicker. If you’re not thinking ahead, you could be left waiting weeks for materials, putting your entire project at risk.
- Negotiating terms
As a contractor, engaging with your suppliers and building those relationships gives you more leverage to negotiate discounts, bulk deals, or extended payment terms. If you’re a repeat customer there might even be loyalty pricing or priority supply on key materials.
- Use technology to stay organised
Relying on memory or scattered emails to manage your supply chain? That’s a disaster waiting to happen. A simple system for tracking orders, deliveries and payments helps keep everything on track.
So you know when to expect an order or when you need to make a payment and everyone stays happy.
Conclusion
Your supply chain is the backbone of every project. The more effort you put into managing supplier relationships, planning ahead and keeping communication open, the smoother your projects will run.
If you need help sorting your supply chain or negotiating better deals, contact us today at Carroll Estimating to find out how our team can support you with everything from tender bid to final account.