Stakeholder - Phantom Tracking Systems


The biggest challenges in the construction industry

phantom-construction

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.

The year 2017 is set to be a turbulent year for construction. While challenges can be solved, businesses operating within the construction industry may be forced to drastically change their approach. So, if you are looking for ways to take control this year, call 0161 476 4050 to discuss how a tracking system from Phantom can benefit your business.

Contact Us

Phantom Ltd


154-156 Higher Hillgate,

Stockport,

Cheshire,

SK1 3QT

T: 0161 476 4050

F: 0845 130 1378

E: [email protected]

W: www.phantom.uk.net

twitter facebook youtube-40x40

Testimonials


Very soon after our second meeting with Phantom, it was clear that a deal would be made between County Car & Van Rental and Phantom. It was only left to negotiate to what level. Phantom are now our only vehicle tracker supplier taking precedence over existing vehicle tracker contracts.

Phantom arranged for County to take on a small number of units initially on a trial basis, he has been always readily contactable to assist with any queries and assisted with any development issues that County have requested.

I have nothing but praise to say about the team at Phantom and foresee a very happy partnership moving forward in the future between County Car & Van Rental and Phantom."



County Car & Van Rental

You will no doubt recall our original conversations earlier in the year and the fact that as a result we recently purchased x2 vehicle tracking devices for x2 of our new, replacement vans.

I just wanted to take this opportunity firstly to thank you personally for your initial advice & guidance with regard to purchasing this tracking system, but in particular I wanted to let you know how pleased and impressed we are with the performance and capabilities of the system which I have to say has by far exceeded our expectations.

The system has been most beneficial and is used on a daily basis to monitor and track the performance and progress of our vehicles in a positive way.

I would have no hesitation in recommending Phantom to anyone considering these requirements."



Window Wise
See all
  • UK Construction Online’s Stakeholder page offers you the chance to find and learn about the leading companies in the UK Construction Industry.

    Featuring the very best suppliers and operators in the sector our stakeholder’s pages offer detailed information about the company, their latest case studies and press releases, plus products and services and testimonials.

    We work with our stakeholders to constantly update and maintain this database to ensure that the information is relevant and helpful for those looking to source premium quality companies in the UK construction market.

    You can ‘View all Stakeholders’ or use the drop down menus to find specific stakeholders via their company name or by sector.

    Join the Fastest Growing Community for Construction

    UK Construction Online's Stakeholder package quickly connects your company to our vast audience of over 250,000 visitors a month.

    View our latest Alexa ranking:

    What is a Stakeholder?

    A stakeholder is a Mircosite that has the power to highlight a product or service, launch a promotion, or promote brand awareness to the construction industry in a way that full websites or more traditional marketing cannot.

    All stakeholders have the ability to have their latest press releases and case studies promoted across the UK Construction Online platform. UK Construction Online is updated daily, with the latest news across all sectors within the construction industry and all stakeholders are promoted on both social media and to a mailing list of over 122,000 subscribers.

    UK Construction Media
    0800 6127680
    [email protected]