In early May, Messer released a special edition of our Market Conditions Report focused on some early trends and areas to watch related to the unprecedented impacts of COVID-19. These include:
During the shutdown for most areas of the country, construction was considered an “essential” activity. However, it’s important to note the construction industry always feels the impact of economic slowdowns much later than other industries.
Larger companies should continue to support supplier diversity by finding creative ways to keep M/WBEs actively engaged in their supply chain.
It’s also important to understand the human side of this pandemic, as noted in Harvard Business Review articles “That Discomfort You’re Feeling Is Grief” and “How to Talk to Your Team When the Future Is Uncertain.”
As the country is transitioning to reopen, in the five states where Messer operates, we continue to serve our customers through best practice processes including eliminating slips/trips/falls through our 5S program, utilizing Flow Scheduling to manage resources and exploring opportunities for prefabrication.