How clients and the supply chain can address cost inflation
TowerEight’s Paul Allen, has written a piece for www.constructionnews.co.uk on the effect of cost inflation on construction projects and how clients can mitigate this threat.
The piece outlines the types of inflation that can impact projects and just why prices keep rising, including:
- Demand-pull inflation
- Cost-push inflation
- Wage-push inflation
- Imported inflation
At a time when there is uncertainty in the market, clients are, understandably, looking at ways to reduce the risk that these types of inflation pose to their schemes. And Paul outlines key strategies to address this issue including early supply chain involvement.
Read more in his piece after the link – http://www.constructionnews.co.uk/companies/supply-chain/how-clients-and-the-supply-chain-can-tackle-cost-inflation/10003764.fullarticle#.VuLg7syNYLg.linkedin or contact Paul directly via his email P[email protected]