Construction Best Practice has published the 2002/3 benchmarking report which identifies positive trends and shows areas for improvement.
Areas of improvement include training where 33% more money is being spent on this area compared to 2001/2. Return on capital employed in the construction sector is almost three times higher than the British industry average. Sales are also up by 15% – above the UK industrial average.

But profitability in the construction sector is no better than UK industrial average. Investments in staff training are still below average. More than 13% of deliveries from suppliers are late and only a tiny amount is spent on marketing.

Canute Simpson, head of the Construction Best Practice Engagement Unit, says: “The sector study shows some very promising statistics, which prove we are doing well compared to other industry sectors. We need to get more companies involved in Best Practice and in using the Benchmark Index.”

Source

Building Sustainable Design