STORAGE BOTTLENECK INTENSIFIES
For prefabrication firm Jin Cheng, output has more than doubled since pre-COVID-19 levels. It is struggling, not because of productivity issues, but due to rising demand.
Mr Peng Guangzheng, the firm’s executive director, said project schedules often change because of various delays.
When delays cause multiple projects to overlap for longer than expected, production demand can exceed the firm’s available space, he added. “This is happening in the market. (It’s) very common.”
These delays can snowball, as components that need to be stored for longer periods eat into production space, further slowing projects.
