There are about 3.6 million construction businesses in the US. Generally, the industry grows at an annual rate of 2.7 percent. This means we have thousands of sub-contractors and construction supply companies joining the industry every year.
Having many vendors in the industry is great in today’s general construction. You can create a big network of partners for timely project delivery. Moreover, access to multiple suppliers means you can provide source materials for your clients at budget-friendly quotes.
However, handpicking the best construction suppliers to include in your projects can be pretty daunting. You need someone who guarantees reliability in the supply chain. Most importantly, you want a company you can trust to supply materials that are consistent with safety standards.
Here is a quick guide on how to choose construction suppliers.
- Experienced Construction Supply Companies Won’t Disappoint
Experience translates to expertise when handling business. New companies might have access to the best construction manufacturer but can prove you wrong when it comes to consistency. Besides, they have a limited portfolio to showcase their success.
On the other hand, experienced suppliers know where to get Badger Ladder Scaffolding at relatively affordable rates. They also know what works and what doesn’t when it comes to fulfilling urgent deliveries.
- Check Relevant Licenses and Insurance
The government will hold you liable for any pollution, safety violations, or errors and omissions as a general contractor. That’s why a construction supplier company with outdated licenses and insurance should be off your list from the word go.
Watch out for a supplier who has insurance against general and professional liability. Most importantly, they must have valid licenses to supply all the materials on their catalog.
- Do a Credit Check
In most cases, you’ll place your material orders using an invoice. The construction supply company will send this invoice when asking for payment after delivery or an agreed timeframe. This means they’ll meet the expenses of sourcing and bringing the materials to your site.
You should do a credit check to ensure this supplier is financially stable to fulfill order deliveries without downtime.
- Referrals and Online Reviews
Every business owner knows a competitor who can offer advice on hiring a construction vendor. Moreover, construction supply companies encourage vendors to leave reviews on their websites and other consumer forums.
Turn to these sources to get an insight into what to expect after contracting a particular supplier. Always dig deeper when researching and send inquiries if possible. This will help you get a genuine assessment of your shortlisted options.
- Do They Employ Updated Technology?
Technology makes construction work easier. Further, a construction manufacturer with integrated supply chain technology in their operations will communicate on time. This way, you can easily track orders and mitigate late deliveries before they result in losses.
Working with a tech-savvy construction supplier means you can share plans through digital images. Also, you can report progress or any issues using videos for better clarity or intervention if there is a need.
Choose the Best Construction Company
A supplier can make or break the trust that clients have in your business. That said, do in-depth research on the “best construction company near me.” Then, shortlist all the construction supply companies that meet the factors highlighted above and vet them one by one.
Read more insider tips on how to choose construction suppliers from other articles on this site.