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Innovation in the Supply Chain: Theory and practice of innovation in construction

Published: 22 May 2017 Average Rating: unrated Print
 

Author: A team from Pinsent Masons, Costain and the University of Cambridge

Today's UK engineering and construction projects are growing at an ever faster pace - in scale, ambition and complexity. Industry challenges include pressure to make construction greener and more sustainable while meeting demand for development.

With this is mind the industry has made significant progress in embracing new forms of procurement, focusing on collaboration and seeking to create an environment where all parties' interests are aligned.

This was the result of an acceptance that the industry had to evolve and develop in order to deliver the more efficient construction that the economy requires, as well as putting in place the infrastructure that will drive the UK's economy. Innovation is central to that but it seems clear that there is still much more that can be done.

A research project by Pinsent Masons, Costain and the University of Cambridge investigated the extent to which the need for innovation is recognised and encouraged by the industry in general and in current contractual frameworks. The report, available here to IACCM members, has set out various proposals which it is hoped will be useful and lead to further discussions.

 

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