The Lagging Construction Industry

Some good reads on how the future will be in the AEC industry, the future can’t come quick enough…

Bringing manufacturing principles to the construction of high-rise buildings

The engineering and construction sector is glaringly lagging behind other industries in process optimization, knowledge transfer, and lean principles.

Construction projects today are conducted in a very similar way to those of several decades ago: the bulk of work is still done on-site, with little automation and process optimization. The sector has not fully entered the third industrial revolution, let alone the fourth.

One of the problems is inherent: the construction site. Although it does allow lean principles to be applied to some degree, it is not really conducive to them. The full potential of lean principles in the construction process, transport and logistics is difficult to realize outside a factory setting. Read More: LINK

Reinventing Construction through a Productivity Revolution

To transform the sector, action is needed in seven areas or through broader adoption of mass-production approaches.

The construction industry employs about 7 percent of the world’s working-age population and is one of the world economy’s largest sectors, with $10 trillion spent on construction-related goods and services every year. But the industry has an intractable productivity problem and, according to Reinventing construction: A route to higher productivity, a new McKinsey Global Institute report, an opportunity to boost value added by $1.6 trillion.

Download the PDF: LINK

 

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