๐—ฆ๐—ถ๐—ป๐—ฐ๐—ฒ ๐—ณ๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜ ๐˜๐—ฒ๐—ป๐—ฑ๐—ฒ๐—ฟ ๐—ฝ๐—ฟ๐—ถ๐—ฐ๐—ฒ ๐—ถ๐—ป๐—ณ๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ณ๐—ผ๐—ฟ ๐—ฏ๐˜‚๐—ถ๐—น๐—ฑ๐—ถ๐—ป๐—ด๐˜€ ๐—ถ๐˜€ ๐—ฝ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐—ฐ๐˜๐—ฒ๐—ฑ ๐˜๐—ผ ๐—ฎ๐—น๐—บ๐—ผ๐˜€๐˜ ๐—ฑ๐—ผ๐˜‚๐—ฏ๐—น๐—ฒ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ช๐—ถ๐—ป๐˜๐—ฒ๐—ฟ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿญ/๐Ÿฎ๐Ÿฎ ๐—ฝ๐—ฟ๐—ฒ๐—ฑ๐—ถ๐—ฐ๐˜๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐Ÿฐ.๐Ÿฑ% ๐˜๐—ผ ๐Ÿด.๐Ÿฑ% ๐—ฏ๐˜† ๐˜๐—ต๐—ฒ ๐—ฒ๐—ป๐—ฑ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐˜†๐—ฒ๐—ฎ๐—ฟ. ๐—ช๐—ฒ ๐˜„๐—ผ๐—ป๐—ฑ๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—ต๐—ผ๐˜„ ๐—ฐ๐—ผ๐—ป๐˜๐—ฟ๐—ฎ๐—ฐ๐˜๐—ผ๐—ฟ๐˜€ ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ฎ๐—ฝ๐—ฝ๐—ฟ๐—ผ๐—ฎ๐—ฐ๐—ต ๐—ป๐—ฒ๐˜„ ๐—ฏ๐—ถ๐—ฑ๐˜€ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ฐ๐˜‚๐—ฟ๐—ฟ๐—ฒ๐—ป๐˜ ๐—ฒ๐—ป๐˜ƒ๐—ถ๐—ฟ๐—ผ๐—ป๐—บ๐—ฒ๐—ป๐˜?

๐—–๐—ผ๐˜€๐˜ ๐—บ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ฟ๐˜ ๐— ๐—ฎ๐—ฟ๐˜๐—ถ๐—ป ๐—ฆ๐˜‚๐—ฑ๐˜„๐—ฒ๐—ฒ๐—ธ๐˜€, ๐—จ๐—ž ๐— ๐—ฎ๐—ป๐—ฎ๐—ด๐—ถ๐—ป๐—ด ๐——๐—ถ๐—ฟ๐—ฒ๐—ฐ๐˜๐—ผ๐—ฟ ๐—ฎ๐˜ ๐—ง๐˜‚๐—ฟ๐—ป๐—ฒ๐—ฟ & ๐—ง๐—ผ๐˜„๐—ป๐˜€๐—ฒ๐—ป๐—ฑ ๐˜€๐—ฎ๐—ถ๐—ฑ: โ€œNow is the time for calm, clear and programmatic thinking โ€“ focusing on setting up projects for success with full recognition of challenging cost pressures and a plan to manage them that starts with getting the basics right.

โ€œContract scrutiny needs to be front and centre. Businesses must avoid panicked procurement in the hope of locking-in pricing, instead taking time to eliminate ambiguity that can be a bigger risk than inflation itself.

โ€œThis is about picking the best team and ensuring you have capable and resilient contracting partners.ย Clients should map out the supply chain and identify weak links, then work to eliminate risk and where necessary share the burden of disruption.ย Those that successfully diversify their supply chains and build strong relationships with trusted suppliers will maximise resilience and benefit most long-term.โ€

Click below to read the latest market report published by Towner & Townsend (Q1 2022 Spring).

Front cover – UKMI Q1 2022 Spring (turnerandtownsend.com)