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Procurement is vital for the effective execution of construction processes as it provides the food for work to be done. Without a smart procurement strategy, there may be a lag between the demand and supply requirements making it hard for the project managers to put the resources to the best use.

What is it?

It is a new-age digital solution to an ancient industry with a traditional problem. Construction Management Software or more popularly known as the Construction ERP Software is a pack of customized entrepreneurial tactics/solutions designed specifically for the construction industry.

Technology is an integral part of any business and the construction industry is no exception. From creating designs to scheduling work, execution of tasks, tracking of progress, and much more, technology is the driver of growth and the key to unlocking the untapped potential.

Material management concept has gained paramount importance in the construction industry. Poor material management often causes costly risks as told by the construction informer article. How can the construction giants make sure that no mistake will occur in handling materials? What are the measuring metrics your plan of material management? Can an ERP help you in that? If yes, how?

The last decade of Indian construction industry contributed 11% to the Indian GDP and the second highest inflow of money to the Government after service sector, again belong to this mighty industry. Great things come with great responsibilities - Meeting expectation, delivering quality projects, assuring right information flow, setting up a refined process etc are all the factors that differentiate a good and not so good construction companies.

Growth in the construction faced some real stumbling-blocks but now it’s accelerating with a perfect pace to meet the desired standards of success. Recovery process is considerably satisfactory but the construction industry may face some big challenges in 2016 and we would entail those with brief details about every challenge.

competitive bidding is about winning contracts at prices that allows to execute profitably and economically. It is all about securing the best quality products and services at the best economical price as possible. What do you think, helps to analyze bids effectively and efficiently? What makes your vendor selection effective?

Enterprise resource planning solutions are comprehensive business packages, extensively used for analyzing data. It integrates various critical business processes like business development, finance and accounts, payroll, human resource, job costing, project estimation and management, material management, plant and machinery.

A key question for all construction enterprises!

Traditionally, the construction industry encountered enough difficulties in acquiring and sustaining projects on schedule, within budget, and under the specified safety and quality aspects. Construction industries are the major contributors to the economy; nevertheless, they are considered to be the most disintegrated.

Sit back and relax while your ERP monitors and executes your business!!!

Construction ERP, the magic word been thrown all over. Well, this surprised me a little when I heard about this. Can we really automate a massive construction business through an ERP? Is it humanly possible to implement an ERP for a complicated construction business operation?

There is a significant increase in demand for an ERP to improve business productivity and efficiency. If you have decided to implement an ERP to integrate your business activities, you are posed to the major challenge of “ERP selection”. Nevertheless, there is this question of whether implementing ERP will solve issues and help in the growth of the business? My reply to this would be “YES, definitely, BUT only if you are using the "Right ERP”.