One strategy to help minimize exposure to inflation is prefabrication. At the project-level, prefabrication can help team extract a lot of uncertainty out of the project. This uncertainty comes from designs that may or may not align with what is available in terms of resources or production teams. At an industry-level, the more work that is conducted offsite addresses key issues – labor and materials. Moving hours off site helps to solve challenges associated with our constrained labor supply, creating more efficiency per labor hour and getting the necessary talent to each and every project site we serve.
When considered holistically, prefabrication helps to align design teams with key trade partners to optimize a project for production. This has two primary benefits: a.) design can become more efficient in terms of how it can be produced and b.) certainty in terms of quantity and availability of products can be gained earlier in the process. It’s these two benefits combined that helps lower the risks associated with pricing escalation in uncertain market conditions.
To further maximize efficiency, JE Dunn recently mobilized a prebuild facility to enable our self-perform activities to directly take advantage of the benefits of moving activity off-site: product standardization and utilization of better equipment and automation, while increasing safety and capacity. This facility complements the broader efforts of prefabrication at JE Dunn that helps align our design and trade partners into a more strategic supply chain solution.
“One way JE Dunn teams are increasing speed, safety, and precision in construction is through our prebuild facilities, where we can incorporate value-added steps into components that get sent to construction sites for installation,” said Senior Superintendent Nick Effenheim. “While this is very