On today’s show we’re talking about how to secure product in a time of scarcity. Supply chain disruptions are happening all over North America right now.
This is affecting everything from electrical switches to plumbing fixtures to windows.
Several window manufacturers are quoting 16-20 weeks lead time. Subcontractors are busy and scheduling the labor component is also challenging. Construction projects can’t sit exposed to the elements waiting for windows and doors. The envelope of the building must be completed fairly quickly otherwise you risk weather damage. So you have to carefully schedule the project so that it doesn’t stall midway through construction.
So how do you secure your supply when many components in a construction project require custom manufacturing. You don’t necessarily have the luxury of component substitution. You’re going to commit to a single manufacturer and you will be at the mercy of their lead time.
A single critical item on the critical path to completion can increase the cost of your project significantly.
Host: Victor Menasce