Construction Project to Manufacturing Facility
In the realm of construction, efficiency and sustainability are paramount. Two innovative approaches that are gaining traction in the UK are modular construction and Vendor Managed Inventory (VMI).
Modular construction, a method that assembles buildings off-site in modules, is addressing the UK's housing shortage, skills gap, and sustainability goals. It's not just about speed and sustainability, but also about quality. Housing 21, for instance, has successfully built modular homes in Shrewsbury and Brighouse within 26 weeks.
Partnering with a VMI provider is a strategic move that can save time, money, and resources in the construction facility, without compromising on quality. VMI is a method used to streamline offsite construction, with a partner company supplying necessary components and materials directly to the point of use.
By consolidating vendors through VMI, construction companies can deal with one supplier instead of multiple, freeing up time and capacity. This not only improves supply chain visibility and accountability but also contributes to a more efficient and cost-effective project delivery.
When choosing a VMI supplier, it's crucial to check their quality credentials, skills, equipment, reporting methods, and certifications. A VMI partner verifying components in its own laboratory can ensure that fasteners are to specification, in measurements, finishing, and materials.
Effective supply chain management solutions, such as VMI, are crucial for maximizing the benefits of offsite construction. With VMI, construction companies can ensure a consistent supply of critical parts, reducing the risk of project delays.
Moreover, a flexible VMI solution adapts to the client's changing demands, reducing obsolescence and overstocking. This, coupled with reduced handling and administration, can improve cash to cash cycles by streamlining the flow of parts and ensuring on-time production.
Offsite construction, when combined with VMI, can achieve significant efficiency benefits. The McKinsey & Company's 2019 report suggests that prefabricated modules can speed up construction by 50% and cut costs by 20%.
In the UK, companies like TFC offer VMI services for modular construction projects. For more information, visit their website or call 01435 866011.
As construction companies turn to technologies like drones, remote-controlled excavators, and connected site software to work smarter, the integration of VMI in offsite construction is set to revolutionise the industry, making it more efficient, sustainable, and cost-effective.
