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TECHNOLOGY focus Supply Chain Management Enhancing construction supply chain efficiency with RedSky The seamless management of suppliers and subcontractors is vital for successful project delivery, cost control, and quality assurance. RedSky's new construction supply chain software offers a tailored solution designed to optimise and streamline construction supply chains, providing an array of features and benefits specifically crafted for construction stakeholders in the UK and Ireland. This article delves into the innovative functionalities and advantages of RedSky's software, aimed at empowering construction companies to achieve project success through enhanced supply chain management. From centralised management to automated workflows and real-time data analytics, RedSky's software equips construction companies with a robust toolkit to transform their supply chain management processes. There is a comprehensive suite of features that will benefit your pre-qualification to onboarding, insurance and capabilities requests to performance and bid management. These include communication and collaboration tools, mobile access, vendor register, document store, customisable views and search, reports, and notifications. They are designed to elevate efficiency and effectiveness in supply chain management. This article explores the transformative impact of RedSky's software on the construction industry, highlighting its pivotal role in driving efficiency, collaboration, and success. THE IMPORTANCE OF EFFICIENT SUPPLY CHAIN MANAGEMENT Construction projects rely on the efficient management of suppliers and subcontractors to ensure the delivery of projects on time, on budget and to the required quality standards. RedSky's construction supply chain software is specifically designed to optimise and streamline construction supply chains, offering a range of features and benefits that help construction companies maintain the best partner relationships and achieve project success. TAILORED SOLUTION FOR THE UK AND IRELAND CONSTRUCTION INDUSTRY RedSky's Supply Chain Management solution is tailored to meet the needs of construction stakeholders in the UK and Ireland. By leveraging this software, construction companies can efficiently store and access vendor profiles, contracts, compliance documentation, and performance metrics. The automated workflows save time and reduce administrative burden, while the real-time data analytics empower construction companies to track and analyse critical metrics and ensure compliance. 12 January/February 2024
TECHNOLOGYfocus VENDOR REGISTER: MANAGING APPROVED AND UNAPPROVED VENDORS RedSky's Supply Chain Management solution includes a Vendor Register feature that enables construction companies to maintain an updated list of approved and unapproved vendors. This feature stores essential supplier and subcontractor information, such as contact details, qualifications, capabilities, and insurance documentation. The Vendor Register provides a secure platform for managing vendor-related documents, ensuring easy retrieval and efficient collaboration. The views and search functionality also streamlines data access, improving user efficiency and productivity. With a centralised Vendor Register, construction companies can quickly find approved subcontractors for their projects and tenders, ensuring the right capabilities and capacities are available when needed. CENTRALISED MANAGEMENT AND STREAMLINED WORKFLOWS RedSky's software provides centralised management, allowing construction companies to store efficiently and access profiles, contracts, compliance documentation, and performance metrics. This centralised approach ensures quick and easy access to vital information, enabling construction companies to track compliance and monitor performance through a unified management system. Say goodbye to scattered spreadsheets and paperbased systems and welcome a streamlined approach to supply chain management. AUTOMATED WORKFLOWS FEATURE The automated workflow feature saves construction companies time and reduces administrative burdens. Prequalification via configurable questionnaires can be managed efficiently, significantly reducing administrative burdens on teams. Suppliers and subcontractors receive pre-qualification forms automatically via notifications, minimising the need for manual intervention or copy-pasting. When it comes to keeping insurance and other critical information up to date, the automated notifications can request updates directly from suppliers, notifying your staff when the details are completed so they can be verified and approved on their vendor record. REAL-TIME DATA ANALYTICS FOR INFORMED DECISION-MAKING Real-time data analytics are crucial for project success. RedSky's Supply Chain Management solution empowers construction companies with real-time data analytics capabilities. Metrics such as on-time delivery, quality performance, and compliance can be tracked and analysed in real time. By leveraging these insights, construction companies can identify potential issues before they escalate, take proactive steps to address them, and make informed decisions regarding future opportunities. EFFECTIVE COMMUNICATION AND COLLABORATION TOOLS Effective communication and collaboration are essential for successful supply chain management. RedSky's software provides a centralised communication platform, enabling seamless communication between internal teams and the supply chain. Project requirements, timelines, and expectations can be easily communicated, improving project outcomes and enhancing performance. Collaborative project planning and execution become a breeze, further boosting overall efficiency. MOBILE ACCESS FOR ON-THE-GO EFFICIENCY In today's fast-paced construction industry, having mobile access to data is crucial. RedSky's Supply Chain Management solution offers mobile access, allowing field teams to access real-time data and communicate with subcontractors on the go. With mobile access, construction companies can January/February 2024 13
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