Exclusive Video: P&SC LIVE - Procurement in construction

Carol Anne Williams, Head of Procurement, Laing O'Rourke speaks at Procurement & Supply Chain LIVE 2023 discussing procurement strategies in construction

As the world’s fastest-growing procurement and supply chain event, Procurement & Supply Chain LIVE 2023 was a disruptive learning and networking event that showcased some of the industry’s top speakers across innovation, thought leadership and strategy.

Carol Anne Williams, Head of Procurement, Laing O'Rourke

Procurement Strategies in Construction

Introducing the audience to the innovative and modern methods of construction Laing O'Rourke adopts, Carol Anne Williams,  Head of Procurement at the company deep dives into various aspects of success and challenges of procurement strategies within construction. 

Modern Methods Laing O'Rourke’s approach to construction

Within her keynote, Williams highlights Laing O'Rourke modern approach to construction, emphasising its focus on precision engineering and factory-based construction to enhance safety and quality.

She also highlights the company’s ability to utilise facilities for modularisation, creating components in controlled environments to reduce on-site variability.

"We're taking things into a factory environment for precision engineering, reducing on-site variability and enhancing safety,” said Williams

The importance of supply chains 

With 60-70% of projects relying on the supply chain, it is important to drive transparency, traceability, and compliance, within day-to-day operations, particularly in response to industry and regulatory changes.

"About 60-70% of what we do goes through the supply chain, and changes like the Sea Building Safety Act are driving focus on product provenance and competence,” said Williams.

Challenges and considerations

Acknowledging the complexities of the industry, Williams highlights the absence of a ‘one-size-fits-all’ approach. As such, she stresses the importance of aligning procurement strategies with corporate strategies and tailoring them to specific sectors and projects. 

She also shines a light on the significance of considering diverse stakeholder perspectives, including supply chain, clients, and project teams.

Overall, Williams discusses the dynamic and challenging nature of the construction industry and highlights the importance of adapting procurement strategies depending on the context while addressing modern challenges including sustainability and transparency.

"There is no magic fairy dust; it's a different day every day and never boring. We need to align procurement strategies with corporate strategies and tailor them to specific sectors and projects,” said Williams.

To watch any of our other speakers from Procurement & Supply Chain LIVE 2023, click here.

*********************************************

For more insights into Construction be sure to follow us on LinkedIn.

Other magazines that may be of interest - Manufacturing Magazine & Mining Digital

*********************************************

BizClik is a global provider of B2B digital media platforms that cover Executive Communities for CEOs, CFOs, CMOs, Sustainability leaders, Procurement & Supply Chain leaders, Technology & AI leaders, Cyber leaders, FinTech & InsurTech leaders as well as covering industries such as Manufacturing, Mining, Energy, EV, Construction, Healthcare and Food.

BizClik – based in London, Dubai, and New York – offers services such as content creation, advertising & sponsorship solutions, webinars & events.

***********************************************

Share
Share

Featured Articles

Dubai Extends Metro as Millions Switch to Public Transport

Dubai to spend US$4.9 billion on extension to successful Metro system to connect more residential communities to growing public transport system

New construction contracts released for HS2 UK rail project

Great Britain’s high speed railway construction project is set to bring another £1bn of benefits to British businesses

How to lead a successful EDI migration process

Software developer Comarch, which has over 20 years of experience in data management, shares tips on the potentially challenging EDI migration process

Changing EDI provider & how to find the right one

Technology & AI

Tinamu drone automation revolutionises inventory management

Digital Construction

COBOD's BOD2 3D printer used to build a school in Ukraine

Construction Projects