Although there is expected positive demand within the construction industry, challenges continue to proliferate. Among the most problematic are labor shortages, which threaten to disrupt scheduling and delivery. Combined with rising prices and general supply chain disruptions, margin preservation may prove difficult. On the other hand, the industry is also seeing an increase in M&A activity, creating an abundance of exit opportunities for smaller firms.
CR3’s construction business consultants are positioned to help clients navigate current complexities. Our industry professionals work closely with management to identify key performance issues and generate effective solutions. From quoting and forecasting, capacity and equipment utilization to liquidity management and other operational process improvements, CR3 can help mitigate risk and maximize profitability.
Roll-up mergers can create significant value through scale and cost savings, but not all roll-ups perform as expected. Speed of integration may be the most challenging factor when acquiring and consolidating multiple assets.
Ensuring every detail throughout the customer experience, as well as the back office, is executed according to a specific vision can lead to success, but it often means taking on functions internally that the business is not well-positioned to execute, or outsourcing functions that are best performed in-house.
This introductory article is first in a Performance Improvement series. Subsequent articles will isolate and expound upon specific tools and techniques.