Supply in construction - Revision history

Designing Buildings at 08:58, 6 November 2020

2020-11-06T08:58:16Z

← Older revision		Revision as of 08:58, 6 November 2020
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−	[[Category:Theory]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Products_/_components~~]] [[Category:DCN_Product_Knowledge~~]] [[Category:Roles_/_services]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Theory]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Products_/_components]] [[Category:Roles_/_services]]

Designing Buildings: moved Supply to Supply in construction

2018-11-28T15:46:23Z

moved Supply to Supply in construction

← Older revision

Revision as of 15:46, 28 November 2018

Designing Buildings at 07:12, 25 October 2018

2018-10-25T07:12:32Z

← Older revision		Revision as of 07:12, 25 October 2018
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−	‘Supply’ is the flow of resources used to satisfy a demand, such as materials, labour, information, skills, and so on. It can also refer to competencies~~, and represent~~ combinations of resources. ~~Commodity~~ suppliers tend to be more price focused, whilst strategic suppliers are more quality/delivery focused.	+	‘Supply’ is the flow of resources used to satisfy a demand, such as materials, labour, information, skills, and so on. It can also refer to competencies or combinations of resources. In very general terms, commodity suppliers tend to be more price focused, whilst strategic suppliers are more quality/delivery focused.

−	As an economic concept, supply can relate to the amount that is available at a specific price, or the amount that is available across a range of prices. Goods and services all have their own supply and demand patterns based on the principle that if the market demands something and consumers are willing to pay more for it, producers will add to the available supply. As the supply increases, the price falls provided there is the same level of demand until~~, ideally,~~ an equilibrium point is reached at which ~~there~~ the supply equals the demand and there is neither any wasted supply or shortages.	+	As an economic concept, supply can relate to the amount that is available at a specific price, or the amount that is available across a range of prices. Goods and services all have their own supply and demand patterns based on the principle that if the market demands something and consumers are willing to pay more for it, producers will add to the available supply. As the supply increases, the price falls provided there is the same level of demand until (in theory at least) an equilibrium point is reached at which the supply equals the demand and there is neither any wasted supply or shortages.

−	In the construction industry, ‘supplier’ ~~is a very general term which~~ refers to organisations contracted as part of the delivery of a built asset. Traditionally, suppliers ~~might have been~~ considered to be organisations contracted to provide physical supplies such as goods, materials, plant, and so on; however, ~~its~~ use is now much broader and PAS 1192-2 defines a supplier as any ‘…provider of services or goods either directly to the employer or to another supplier in a supply chain’~~. The 'supply chain' is the interconnected hierarchy of suppliers~~.	+	In the construction industry, the term ‘supplier’ refers to organisations contracted as part of the delivery of a built asset. Traditionally, suppliers were considered to be organisations contracted to provide physical supplies such as goods, materials, plant, and so on; however, use of the term is now much broader and PAS 1192-2 defines a supplier as any ‘…provider of services or goods either directly to the employer or to another supplier in a supply chain’.

−	'Supply chain' is the term used to describe the interconnected hierarchy of supply contracts necessary to procure a built asset. Managing the supply chain involves understanding the breakdown and traceability of products and services, organisations, logistics, people, activities, information ~~and resources that transform raw materials into a finished product that is fit for its purpose~~.	+	For more information see: Supplier.

−	'~~Integrated~~ supply ~~team~~' ~~is a term used~~ to ~~describe~~ the ~~integration~~ of the ~~complete~~ supply chain ~~involved in~~ the ~~delivery~~ of ~~a project. This may include the main contractor~~, ~~designers~~, ~~sub-contractors~~, ~~suppliers~~, ~~facilities managers~~, and ~~so on~~.	+	The term 'supply chain' refers to the interconnected hierarchy of supply contracts necessary to procure a built asset. Managing the supply chain involves understanding the breakdown and traceability of products and services, organisations, logistics, people, activities, information and resources that transform raw materials into a finished product that is fit for its purpose.

−	Supply chain management requires a holistic perspective and a view of organisations as parts of a process. It requires the ability to look beyond organisational boundaries, and a recognition of the interdependence of organisations.	+	For more information see: Supply chain.

−	The term ‘supply’ can also refer to the transmission of utilities through a network, for example, an electricity supply or water supply.	+	Supply chain management requires a holistic perspective and a view of organisations as parts of a process. It requires the ability to look beyond organisational boundaries, and a recognition of interdependencies.
		+
		+	NB The term ‘supply’ can also refer to the transmission of utilities through a network, for example, an electricity supply, water supply and so on.

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =
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−	[[Category:Theory]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Products_/_components]] [[Category:Roles_/_services]]	+	[[Category:Theory]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Products_/_components]] [[Category:DCN_Product_Knowledge]] [[Category:Roles_/_services]]

Editor: Created page with "File:Timberwall.jpg ‘Supply’ is the flow of resources used to satisfy a demand, such as materials, labour, information, skills, and so on. It can also refer to competenc..."

2018-10-23T14:09:23Z

Created page with "File:Timberwall.jpg ‘Supply’ is the flow of resources used to satisfy a demand, such as materials, labour, information, skills, and so on. It can also refer to competenc..."

New page

[[File:Timberwall.jpg]]

‘Supply’ is the flow of resources used to satisfy a demand, such as materials, labour, information, skills, and so on. It can also refer to competencies, and represent combinations of resources. Commodity suppliers tend to be more price focused, whilst strategic suppliers are more quality/delivery focused.

As an economic concept, supply can relate to the amount that is available at a specific price, or the amount that is available across a range of prices. Goods and services all have their own supply and demand patterns based on the principle that if the market demands something and consumers are willing to pay more for it, producers will add to the available supply. As the supply increases, the price falls provided there is the same level of demand until, ideally, an equilibrium point is reached at which there the supply equals the demand and there is neither any wasted supply or shortages.

In the construction industry, ‘supplier’ is a very general term which refers to organisations contracted as part of the delivery of a built asset. Traditionally, suppliers might have been considered to be organisations contracted to provide physical supplies such as goods, materials, plant, and so on; however, its use is now much broader and PAS 1192-2 defines a supplier as any ‘…provider of services or goods either directly to the employer or to another supplier in a supply chain’. The 'supply chain' is the interconnected hierarchy of suppliers.

'Supply chain' is the term used to describe the interconnected hierarchy of supply contracts necessary to procure a built asset. Managing the supply chain involves understanding the breakdown and traceability of products and services, organisations, logistics, people, activities, information and resources that transform raw materials into a finished product that is fit for its purpose.

'Integrated supply team' is a term used to describe the integration of the complete supply chain involved in the delivery of a project. This may include the main contractor, designers, sub-contractors, suppliers, facilities managers, and so on.

Supply chain management requires a holistic perspective and a view of organisations as parts of a process. It requires the ability to look beyond organisational boundaries, and a recognition of the interdependence of organisations.

The term ‘supply’ can also refer to the transmission of utilities through a network, for example, an electricity supply or water supply.

= Related articles on Designing Buildings Wiki =

* Accounting.
* Contractor vs supplier.
* Green supply chain management.
* Price.
* Procurement.
* Products v goods v materials.
* Supplier assessment.
* Supplier selection.
* Subcontractor vs supplier.
* Supply of Goods and Services Act.
* Turnover.

[[Category:Theory]] [[Category:Cost_/_business_planning]] [[Category:Procurement]] [[Category:Products_/_components]] [[Category:Roles_/_services]]