Construction projects incorporate multiple complex processes, requiring end-to-end management throughout the project lifecycle. Builders and contractors need to leverage the capabilities of a comprehensive construction management software to better manage project planning, procurement, inventory control, progress management and other critical areas.
Real estate ERP solutions introduce greater transparency into construction operations, while enhancing productivity, process efficiency, and team collaboration. With consumer demand rising 30-40% in the past few months, real estate developers are leveraging comprehensive ERP solutions to expedite under-construction projects across markets.
Effective on-site construction material management can significantly optimize consumption, reduce wastage, and lower construction costs. Materials, accounting for a significant portion of overall budgets, can have price fluctuations, based on key macroeconomic factors.
While almost 66% of Indian construction firms are prioritizing digitization, about 47% of them are still facing significant challenges with on-boarding the right technology capabilities and skills. That is a critical reason why builders look for the best construction management software solutions that are designed to maximize efficiency, boost profitability, and enhance productivity across construction projects.
How To Improve Material Procurement and Inventory Management through Construction Management Software
Integrated procurement and inventory management can significantly help construction firms and contractors to reduce cost, manage risk, and ensure material availability across all construction sites. From forecasting to material consumption analysis, various construction processes can be enhanced considerably when builders adopt an effective construction management software.
Construction procurement managers aiming to enhance project quality, durability, and load handling capabilities can opt for a SAIL (Steel Authority of India Limited) or Jindal TMT bar. Both TMT bars provide superior reinforcement at-scale and are highly cost-effective across a variety of applications.
Autoclaved aerated concrete (AAC) blocks are eco-friendly, lightweight, and all-weather construction materials that are designed to offer superior performance and durability. They are eight to nine times the size of a traditional red clay brick and provide better compressive strength across all construction projects.
Construction companies and contractors searching for the right TMT bars manufacturers need to review multiple options to select the best supplier. The top TMT bar manufacturers offer high strength, durable, ductile, and highly resistant TMT Saria that is used to construct some of the largest projects in the country.
Ready-mix concrete refers to custom-made concrete produced in within a batching plant or a factory. Its manufacturing is based on the required specifications and is delivered to the contractor in the plastic condition in cylindrical trucks commonly known as ‘transit mixers’.
COVID-19 has significantly impacted the working of building material suppliers, creating demand fluctuations and restrictions on key logistics movement. As January – March accounts for close to 30-40% of construction revenue, major delays and extended lockdown announcements have shifted the demand for bulk orders of building materials.