June 2022

Plant Design, Engineering, Construction and Commissioning

Overcome inflation and supply chain issues in construction

Inflation and supply chain disruptions are not new to the construction industry, but the severe combination of these factors and the rapid pace of change driven by the COVID-19 pandemic are unprecedented.

Rentschler, C., Al Bassami Industries; Parmar, A., MilliporeSigma, a Merck KGaA Company; Shahani, G., Independent Consultant

Inflation and supply chain disruptions are not new to the construction industry, but the severe combination of these factors and the rapid pace of change driven by the COVID-19 pandemic are unprecedented. This disruptive change in essential factors affecting construction company performance and sustainability requires companies to make quick adjustments to project execution. While these and other challenging issues have been spiking quickly due to COVID, the problem is not short term and will require focused corrective efforts for the near future. The major contributors to the latest construction industry woes are material shortages and spiking prices when materials can be found. These chal

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