SURVEY: 1 IN 2 BUYERS REQUIRE CSR IN PROCUREM... » Almost half of buyer documents (48 per cent) seen by electrotechnical businesses with turnover above... G4S Africa supports small business development thr... » The latest product in the G4S Deposita range is a smart safe system called mini-pay that holds up to... Commissioner's statement following incident in Man... » This is an utterly appalling attack. My thoughts are with the people of Manchester as they try to co... UPDATE: Policing events in the Capital » Following the horrific terrorist attack in Manchester last night, in which 22 people were killed and... Statement from Assistant Commissioner » Statement from Assistant Commissioner Mark Rowley, Head of National Counter Terrorism Policing: The... Met intensifies policing activities in London fol... » The Metropolitan Police Service (MPS) has increased police numbers and operations across the Capital... OF FOOLS OF THE MIDDLE BELT, ONE NORTH AND PASTORA... » Please visit also: www.scorpionnewscorp.com SERIES: BUHARISM AND THE FIERCE URGENCY OF NOW A treat... Home Secretary’s statement on the Manchester attac... » I know that some people will only just be waking up to the news of the horrific attacks in Mancheste... Checkpoint Systems unveils Bug Tag 2 loss preventi... » Checkpoint Systems has announced the launch of Bug Tag 2 – an innovative loss prevention solution th... Edesix launches new head and torso mounted body wo... » Edesix has announced the launch of new head and torso mounted cameras. The X-100 is a side-mounta...

CLICK HERE TO

Advertise with Vigilance

SOCIAL BOOKMARK

Got News?

Got news for Vigilance?

Have you got news/articles for us? We welcome news stories and articles from security experts, intelligence analysts, industry players, security correspondents in the main stream media and our numerous readers across the globe.

READ MORE

Subscribe to Vigilance Weekly

The construction industry ended on a high in 2016, defying the predicted impact of Britain’s intentions to leave the EU. Data provided by ONS, shows that construction and manufacturing businesses within the UK bounced back in December.

However, a strong end to 2016 does not mean that the construction industry can expect to continue this trend throughout 2017. There are many challenges that the industry must face and the pressures that 2017 bring could be difficult to overcome.

So what are some of the recurring issues in the construction industry?

An aging workforce

The workforce within the construction sector is steadily aging. With 22% of the workforce aged between 50-60 years, the sector is losing many skilled workers to retirement. The problem is, there are no young people to replace them. The industry is failing to successfully promote careers in construction to school leavers.

The sector must ensure that it is communicating with young people and showing them the benefits of working in construction. This can be achieved through working more closely with schools, colleges and universities, providing more opportunities for young people to gain hands-on experience. Furthermore, an increase in structured training initiatives would motivate young people who are interested in construction, as they know they have the opportunity to learn the skills they need to succeed.

Brexit uncertainty

Although the announcement of Britain’s intention to leave the EU didn’t have an immediate impact on construction in 2016, the negotiations that will take place in 2017 are likely to heavily influence the future of the sector. One of the main concerns is changes to the Freedom of Movement across the EU.

Many construction businesses rely heavily on skilled workers who come from overseas. If construction businesses operating within the UK are no longer allowed to draw on skilled workers from the EU, they will lose a large percentage of their workforce. Of course, at present, nothing has been finalised. However, the construction industry should start to consider what their alternatives would be if the skills of overseas workers can no longer be utilised.

A weakening pound

The weakening pound will affect most industries in some way. Since the Brexit vote, sterling has fallen by around 13%, which means that importing materials is more expensive. This could start to have a detrimental effect on the construction industry as many raw materials are bought in from overseas. Already, material costs are at their highest point in over five years.

We do not yet know if or when the GBP will stabilise. Sterling could face an even bigger downturn in value when Article 50 is eventually triggered, and ultimately when the UK officially leaves the EU. Businesses within the construction industry will have to carefully consider the projects that they take on, fully analysing the cost of importing raw materials. Alternatively, those in the construction sector should also evaluate whether they could possibly save themselves money by trading with manufacturing companies within the UK itself.

Delivering on-time and on-budget

Delivering projects on-time and on-budget is a challenge that has always plagued the construction industry. There are many things that can hinder a project. Productivity and the maintenance of equipment can make or break successful delivery. For example, in relation to productivity, how can the construction industry keep track of their workforce? How do businesses know if their raw materials are being transported efficiently by their fleet?

Theft of construction site equipment can also greatly control the success of a project. Theft of important equipment comes at a great cost; machinery is expensive and takes time to replace.

Phantom Tracking Systems can be used to monitor the productivity of a workforce and prevent theft of crucial machinery. Tracking devices can help to reveal unscheduled breaks and other behaviours that can impact efficiency. Furthermore, tracking systems can be fitted onto machinery, alerting construction managers of any unsolicited use and allowing location to be traced.