The COVID-19 pandemic threw a wrench in global supply chains at every link, and the world is still adapting to a new normal of supply and demand. One of the industries that was most impacted was construction. Building supplies have been harder to find and more expensive than ever, and now rising inflation is only exacerbating the problem. In order to keep business flowing smoothly, construction companies need to plan ahead more than ever and even acquire their building supplies ahead of time. Here are just a few reasons this is so crucial.

4 Reasons for Builders to Plan Ahead

1. Accurate Budgeting

Gone are the days of easily predictable prices for lumber, metal, and other integral building supplies. Now, rising inflation and supply chain issues mean that your monthly lumber budget, as projected at the beginning of the year, may not be enough to procure everything you need by the end of the year. In order to keep your budget balanced, you'll need to acquire your materials well ahead of time. You should also build in flexibility to your budget to account for unforeseen fluctuations in market prices. 

2. Avoid Scheduling Issues

Part of the major supply chain disruption the world is now experiencing is due to unpredictable delivery dates from suppliers. Materials are no longer easily available whenever you need them, and it may take weeks or months for your orders to come through. Planning a few months in advance can help you avoid costly scheduling issues that threaten to set back your projects. Renew your supplies well before you're running low, and run the numbers to estimate how much you'll need each month at least six months in advance. 

3. Higher Profits

Having a precise schedule that you can plan out well in advance is a promising way to maximize your profits. A thorough schedule means fewer conflicts, fewer missed opportunities, and fewer last-minute orders for expensive materials. This is one of the few things you can control in a volatile market, and it can help your margins significantly.

4. Customer Satisfaction

The best way to keep business moving during turbulent and unpredictable times is to guarantee customer satisfaction. If your company consistently leaves customers fully satisfied, you're sure to see referrals and new customers turn to you for your reputation. Planning ahead helps you avoid unexpected delays and setbacks as well as unexpectedly high prices, all of which can leave customers dissatisfied.

If your construction company needs a supplier for lumber and other building materials, turn to Butler County Lumber Company in Hamilton, OH. For 110 years, this company has prided themselves on delivering high-quality materials to help make your construction projects a success. Learn more about their supplies online, and call (513) 896-6660 to put in an order today.