Procurement strategy - field note 050

Goa’s coastal highway used 25 t of high‑performance bitumen from L&T Construction. Securing the vendor 6 months ahead locked in a 10% cost saving and guaranteed delivery during monsoon. The experience underscored the need for early material forecasting.

• Forecast material needs 12 months ahead.
• Negotiate fixed pricing contracts.
• Set up a dedicated procurement liaison.
• Track delivery schedules in a central dashboard.