Source: prnewswire

ProcurePro, a leading provider of digital procurement software for the construction sector, today unveiled its latest findings on the most pressing procurement challenges facing construction companies. In an in-depth report titled “12 Problems of Procurement,” the company sheds light on the inefficiencies and complexities that have long plagued the industry.

The 12 Problems of Procurement Include:

1. No visibility over procurement status
2. Manual processes are labour-intensive
3. Workflows are disconnected
4. Delayed procurement puts projects behind
5. Reporting lacks actionable insights for all levels
6. Everyone does things differently
7. Quality drops as volume increases
8. A lack of supply chain insights
9. Scope-of-works gaps
10. Contracts take too long to get signed
11. Avoidable errors are common
12. Staff satisfaction, recruitment, and training

“Procurement is often seen as a necessary but tedious part of the construction process,” said Alastair Blenkin, CEO at ProcurePro. “But the truth is, it plays a critical role in determining the success of a project. By addressing these core issues, companies save time, reduce costs, and improve the overall efficiency of their procurement processes.”

The “12 Problems of Procurement” report is available to read on the ProcurePro website. Construction industry professionals are encouraged to explore the report and consider how they can overcome these challenges with smarter, more connected procurement strategies.