Construction is always an expensive undertaking. However, they are many ways to cut down on costs without affecting build quality. One of the tested and proven approaches is high volume purchases.
When you know everything you need for your project and the volumes necessary, ordering in bulk could save you a lot. If you buy steel tubing, concrete, wrought iron and even ballast in bulk, you will save money directly and indirectly. Here is what you should expect when you take such a decision.
You will be able to save more money
Many suppliers offer discounts to people buying in bulk. If you can find a supplier who is willing to offer you wholesale prices, chances are you will save a good fraction of your money when purchasing the material you need for your project.
You just have to find a way to safely store the inventory until you are ready to put it into use. Apart from just saving on the actual purchase, chances are you will save money in delivery and handling. Transporting all your cement or steel in two semi-trucks, for instance,
You will waste fewer hours
With all the necessary material on the job site, your employees never have to waste time waiting for parts to arrive. You also will not have to break the rhythm of work by sending someone on a supply run every now and then.
This will make your crew more efficient and increase the number of hours in a day each worker spends getting the project done rather than passing the time waiting for parts.
It helps maintain consistency
Consistency is crucial in any top-notch production job. Bulk purchases are one way to guarantee consistency. It is very hard to get consistent finishes in materials like natural stone or hardwood panels unless you buy from the same batch.
Buying in bulk lets you match these fine details easier especially if you estimate the quantities right. You will not spend endless days searching for close matches to make your build as consistent as possible since you will have all the material you need to make it happen.
Finish projects ahead of schedule
With all the material you need to finish the project in place, you can increase operational efficiency and finish projects faster since there will not be any overhead. Apart from just working with the given deadline, you will be in a position to make your own project progress estimations accurately hence giving what different teams in the project need to integrate seamlessly.
Many project managers opt to buy material in bits so that they can keep as much cash around as possible. While having some liquidity gives you a sense of security, you might end up wasting more money in actual purchase costs and employee wages since this approach is less efficient.
Buying and storing as much as you can on site will streamline things. Your builders will get in the zone and work faster leaving everyone happy and satisfied.