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Catching Procurement Risk Before It's a Delay: Closing the Supply Chain Gap

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    Description

    Procurement risk rarely shows up early enough to act on. Most GCs find out about a lead-time problem when a submittal comes back rejected or a delivery date slips by then, the schedule has already absorbed the hit. This session reframes the procurement log from a record of what happened into a signal for what's about to go wrong. We'll unpack what "proactive" actually means in practice: knowing critical lead items before design is finished, prioritizing submittals by schedule impact rather than spec order, and catching a delivery shift the same day it happens not weeks later at the next OAC meeting. With switchgear lead times now stretching past a year and tariff-driven cost escalation, procurement has stopped being a construction activity and become a development-phase decision. We'll discuss what it takes to move that decision upstream and why the construction "data leaders" already doing this see meaningfully higher profit growth as a result.

    Key Learnings

    • Define what "proactive" procurement risk management looks like in practice, based on approaches leading GCs are using today.
    • Identify the specific signals leading GCs monitor to flag procurement risk before it becomes a schedule delay.
    • Compare how leading GCs prioritize submittals by schedule impact versus the traditional spec-order approach most teams use.
    • Assess how leading GCs use historical lead-time and submittal-cycle data to benchmark and reduce risk.

    Tags

    Product
    Forma Build
    Forma
    Topics
    CAD Management & IT