Brian Moone reports for Building on lead times

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Brian Moone reports for Building on lead times

16/04/2010

In his quarterly contribution to Building magazine, Brian Moone of the Mace Business School reports on UK industry lead times and reveals it looks as though the industry may be turning the corner.

Having detailed the difficulties caused by the recession in articles throughout last year, Brian has now announced that the majority of contractors are reporting an increase in enquiries and for the first time in a long time, a package actually increased.

Brian concluded his article: "...the downturn in the market has resulted in most trades having the capacity to commence the projects in the shortest possible lead time; only a few have the potential to reduce further. There are no signs in the near future that the industry will experience an upturn that will significantly increase lead times. However, it is important for clients and planners to be fully aware of the risk when the market does turn, because the only direction of change in the future will be for lead times to extend."

To read the article in full please follow this link.