Mace Business School provides spotlight on leads times over the last 10 years
Media
03/07/2009
Brian Moone, director of the Mace Business School provides his quarterly spotlight update in today's issue of Building magazine. It is 10 years since Mace began to record lead times, and many have never been lower. Brian analyses the economic patterns of the decade to see what they can tell us about future trends.
"Even though we refer to the "economic cycle", and we've been through it many times before, the outcome to our current situation is far from certain" comments Brian. "For lead times analysts, the picture isn't much clearer, as the specialist trades are constantly adjusting their resources in terms of plant, labour and materials based on their own market forecasts. What we can do, however, is analyse the extent to which lead times have fallen across the industry and take a look at the trends over the past 10 years to try to predict future changes."
To read the spotlight article on Building's website please click here
