The building and construction industry encounters challenges at regional, national and international levels from declining project backlogs, increasing complex project and restricted new commitments owing prevalent economic uncertainty. For this reason the industry is facing enhanced competition from new and existing, diversifying competitors. Our global team at Neo Research thinks that it is vital for building and construction firms to give their attention to the following key issues:
Supply chain efficiency and cost optimization are simply two instances of how companies are capable of protecting the margins through cost management and thereby issuing tender submissions when maintaining the profitability as well.
The companies have to assess effectively their shortcomings and competitive advantage while it matters to getting new contract. With more focus on procedures, processes and risk management, companies are finding an enhancement in the number of studs required to move forward, especially for projects funded by public.
Even in the period of crisis, it is significant that companies maintain strategic growth development in mind. With rising completion in domestic markets, some companies are opting for overseas expansion, either organically or through M&A. Expansion may also come in the way of creating an integrated offering and adding new service so as to better serve new customers.
Our building and construction team at Neo Research is completely dedicated to serve our customers and taking care about their constantly evolving and complex needs. Our international network mobilize teams to serve you in any part of the world, offering you with scope to access international and local experience and easy solutions which our stakeholders and customers value.
Our company's experienced professionals in tax, advisory and audit gather an array of experience and skills having aiding businesses all through the globe including, contractors, investors, operators and occupiers and at the same time various other organizations.