Tag: procurement
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How Agentic AI is Transforming Procurement
Procurement is one of the biggest, yet least visible, engines of the global economy. Trillions of dollars flow through purchasing departments that are often overwhelmed by complexity. What happens when AI agents start taking on this work? In this episode, I talk with Keith McFarlane, CTO at Globality, about how agentic AI is reshaping sourcing…
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Complink Automates Construction Procurement – AEC Business
In this episode of the AEC Business Podcast, Aarni Heiskanen sits down with Aino Hukkanen, co-founder and CPO of Complink, a Finnish startup that aims to bring intelligence back into construction workflows. Aino shares her journey from architecture to product design and co-founding Complink, and explains how their platform helps construction companies automate procurement and…
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Why procurement power is missing the skills target
The industry must take a zero-tolerance approach to training programmes that fail to provide pathways into construction careers. It’s time to be honest. Despite best intentions, the potential of public procurement to leverage genuine high-volume investment in skills and employment pathways has been chronically underused. The good news, however, is that the government knows it,…
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Why Construction Procurement Automation Is Key to Cutting Costs and Delays
The construction industry has consistently demonstrated remarkable adaptability through cyclical changes, and today’s market conditions present new opportunities for innovation and growth. While sweeping tariff implications, supply chain disruptions, inflation pressures and persistent labor shortages create complex challenges, these forces drive unprecedented innovation across the industry. The global Engineering, Procurement, and Construction (EPC) market, which…
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Housing experts warn training gaps could hinder Procurement Act adoption
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Tarryn Kerr, managing director of procurement services at Commercial Services Group, said: “With housing shortages, and increasing supply chain pressures presenting an ongoing concern across the UK, it’s more important than ever that the housing sector can work effectively and efficiently. View the original article and our Inspiration here
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Lack of information requirements devalues asset data
Poor definition of information requirements at the tender stage is making it harder to unlock the value of built asset data, according to Rider Levett Bucknall (RLB). In its latest Procurement Trends Survey, RLB interviewed 108 main contractors from across the UK and across sectors. According to the respondents, half of tenders feature either no…
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NHS SBS seeking consultants for £2.3bn construction framework
Register for free and continue reading This is not a first step towards a paywall. We need readers to register with us to help sustain creation of quality editorial content on Construction Management. Registering also means you can manage your own CPDs, comments, newsletter sign-ups and privacy settings. Thank you. View the original article and…
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Why agentic AI may herald golden age for procurement
Keith McFarlane is the chief technology officer at Palo Alto, California-based Globality, a provider of artificial intelligence-enabled procurement automation software. Views are the author’s own. With the rise of agentic artificial intelligence, I believe we’re heading for a golden age in procurement. Research by HFS shows that AI-driven sourcing already delivers 20% cost savings, making it one…
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Suppliers chosen for £800m building safety and compliance framework
A R G EuropeConnollyABCA SystemsAdastonAddison GreenAHR Building ConsultancyAirey Miller SurveysAirtech AnalysisAJSAllium EnvironmentalAlphatrack SystemsAmianto ServicesAmstech Asbestos RemovalsApproved Fire Safety Architectural DecoratorsArk Fire Protection AsbestechASEL Integrated Security SolutionsAspect ContractsAxiom Building SolutionsAyerst EnvironmentalBailey Partnership (Group)Baydale Control SystemsBB7 FireBell GroupBradley Environmental ConsultantsC.L.C. ContractorsCalfordseadenCapital Property & Construction ConsultantsCasa Environmental ServicesCheckmate Fire SolutionsChurchill Contract ServicesClear Safety ServicesClearview EnvironmentalClifford DevlinCountrywide Environmental ServicesDanacomDelco…
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Setting a new standard for procurement competence
By setting the highest standards of procurement competence across the life cycle of a building and at all levels within the supply chain, the framework aims to address a key finding of Hackitt’s 2018 report, which identified that poor commercial and procurement practices in the years leading up to the Grenfell fire had driven a…