A joint proposal from Professional Construction Strategies Group (PCSG), the Construction Products Association (CPA) and tech company MK9 Development to create a digitally connected supply chain model for the construction industry has secured backing from the government’s Industrial Strategy Challenge Fund.
The project, worth £475,000, will test the hypothesis that through the model developed, clients and supply chains get better outcomes by:
- Defining objective, testable outcome-based requirements at each transaction point;
- Clarifying information requirements and linking delivery to procurement;
- Procuring products and services along the supply chain from reliable BIM data;
- Linking requirements to ensure the value of offers being procured are clearly identified;
- Updating the model at every transaction point to provide live updates on progress.
The improved results generated by an outcomes-based digital approach to the supply chain have already been seen in other sectors. MK9 Development has delivered platforms across several industries including healthcare and transport, which have typically delivered a 25% faster procurement process; typical savings of 8% on everything procured through the platforms; and a 95+% success rate in delivering products and services at the right cost, to the right quality and on time.
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