Seamlessly integrate procurement processes with project planning and execution, providing comprehensive visibility and control over your entire procurement lifecycle.
Procurement management risks
Procurement in construction projects is inherently complex due to various factors such as the extensive range of materials and services required, diverse supplier networks, stringent regulatory requirements, and the need for careful cost management. The procurement process involves multiple stakeholders, including project developers, contractors, subcontractors, and suppliers, each with their own specific roles and responsibilities.
Additionally, factors such as project timelines, budget constraints, fluctuating market conditions, and unforeseen challenges further complicate procurement efforts, requiring comprehensive planning, coordination, and strategic decision-making to successfully procure the necessary resources and deliver the project on time and within budget.
How does Kólé help with this?
Kólé offers a comprehensive procurement solution.
Create and send RFQs to suppliers to solicit bids or quotes for materials, equipment, or services needed for the project. Track and manage responses from suppliers efficiently.
Enable project team members to submit purchase requisitions for required materials or services. This helps centralise procurement requests and ensures that all necessary items are accounted for.