Managing Risk in the Construction Supply Chain

16 Pages

One of the biggest supply chain challenges in construction is cost pressure due to factory closures, worker shortages, and rising material prices, leading to longer lead times and higher costs—over 90% of contractors report such impacts. Despite this, the industry has been slow to adopt digital solutions. However, companies like Sphera highlight the significant potential of digitalizing supply chain risk management to reduce costs, improve efficiency, and better manage disruptions in this increasingly competitive market.

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Managing Risk in the Construction Supply Chain

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