Exclusive Video: P&SC LIVE - Procurement 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.

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.

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

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

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