Geometrid in Construction Dive Tech Analysis
Geometrid featured in Construction Dive: Transforming supply chains with real-time BIM tracking, analytics, and enhanced material visibility for modern contractors.
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Geometrid Featured in Construction Dive's Analysis of Supply Chain Technology Solutions
Geometrid has been recognized by Construction Dive in their article "How contractors use tech to tighten up supply chains," which examines how construction firms are centralizing their material tracking to address supply chain vulnerabilities exposed during the pandemic.
Industry Shift Toward Centralized Supply Chain Management
The Construction Dive analysis highlights a significant trend in the construction industry: contractors are increasingly moving away from fragmented, project-by-project procurement toward centralized and automated supply chain processes. This shift comes in response to the pandemic's exposure of critical weaknesses in how materials are tracked and managed.
As noted in the article, the industry is still in the early stages of digital transformation when it comes to supply chain management. According to PwC's 2023 Digital Trends in Supply Chain Survey cited in the report, 80% of respondents across industries stated that supply chain technology investments haven't fully delivered the expected results. In construction specifically, an IBM survey found that while more than half of engineering and construction companies consider managing materials quality and risks vital, only 38% believe their supply chain functions effectively address these needs.
Geometrid's Role in Supply Chain Innovation
Construction Dive includes Geometrid among a select group of digital supply chain solutions addressing these industry challenges. The publication specifically highlights Geometrid's capability to:
- Provide comprehensive visibility and analytics across the supply chain
- Deliver real-time updates in an interactive BIM environment
- Enable effective tracking and monitoring of construction materials and components
This recognition positions Geometrid among the leading technology providers working to solve the industry's growing need for centralized material visibility and management.
Looking Toward Future Supply Chain Technologies
While the article notes that AI-driven supply chain management and blockchain applications are still several years away from widespread adoption in construction, the foundation being laid by solutions like Geometrid is creating the centralized data infrastructure necessary for these future advancements.
The Construction Dive analysis points to the next evolution in construction supply chain management: using AI to optimize inventory and sourcing, forecast supply and demand, manage warehouse inventory, spot potential disruptions, and enable material substitutions based on pricing and availability.
Industry Recognition of Growing Need
This feature in Construction Dive reinforces what we're seeing across the industry—a growing recognition that fragmented supply chain management creates significant risks for construction projects. Geometrid continues to address these challenges by providing the real-time visibility and analytics tools contractors need to effectively monitor their supply chains in today's challenging business environment.
About Construction Dive
Construction Dive is a leading industry publication that provides in-depth journalism and insight into the most impactful news and trends shaping the construction industry. With a focus on commercial construction, the publication covers topics ranging from technology and regulation to labor and project delivery. Their analysis of construction technology trends helps industry professionals stay informed about innovative solutions like Geometrid that are transforming traditional construction processes.
For the complete article "How contractors use tech to tighten up supply chains" visit the Construction Dive website here, or the republished version on the Supply Chain Dive platform here.
