At Turner Construction Company, understanding the considerations for railroads as a means of transport is very important. The demand and supply findings of Turner Company are vital aspects of enhancing efficiency and competitiveness of the company.
Railroad Supply and Demand Considerations
To enhance the provision of diligent, creative, and resourceful construction services to its clients, existence proficient and cost effective means of transport for Turner Construction Company is of essence.
As revealed by Welsh (2006), adoption of rail transport is an important operational mechanism aimed at streamlining service delivery. This approach is in line with the Turner Company’s vision of offering its customers easy support and accessibility to its construction services.
The demand for railroads is directly related to the demand for the constructed property and the level of efficiency of the services being rendered.
Failure to construct more housing units in a given area will impact negatively on the demand of railroads in that area due to low supply of the users of rail transport (Wolmar, 2009).
Inconsistent consumption patterns and availability of discrete supply intervals must be considered by Turner Construction Company in its consideration, adoption, and continued use of railroads (Welsh, 2006).
The type of facilities to be constructed is another consideration that Turner Company management needs to consider in its analysis of railroad demand and supply patterns.
It is crucial to understand the certainty of the means of transport adopted and the prospective demand and supply of the company products. According to Welsh (2006), rail transport is an environmentally friendly means of transport.
This implies that if adopted, rail transport will offer Turner Construction Company a better means of transporting its employees to their workstations as well as transporting heavy and bulky construction tools and materials at a reduced cost.
Based on the nature of infrastructure already in place, utilization of rail transport will enhance efficiency and cost effectiveness in the transportation of the construction materials to the intended sites.
This will in turn reduce the ever increasing burden of high transport cost and traffic congestion to the company (Wolmar, 2009).
The many construction opportunities available in North America and other parts of the world also make the use of railroad a viable means of transport for Turner Company.
Wolmar (2009) explains that the safety and sustainability of railroads are issues that can never be ignored in analyzing the demand and supply aspects of railroads.
The implemented stringent standards, regulations, and efficiency levels of rail transport in the U.S and in countries in which Turner Construction Company operates make rail transport a workable means of transport.
The relevance of railroads is complemented by the fact that rail transport is a cheaper and more reliable means of transport when compared to other means of transport such as air and water transport.
Anticipated demand and supply must be understood in order to effectively address absorption and construction project feasibility concerns.
For efficiency and effective resource utilization, supply of railroads for the construction industry should strictly be based on the industry’s demand (Welsh, 2006).
Turner Company should work on how best to push for the improvement of infrastructure and implementation of more effective railroad policies aimed at streamlining rail transport and its use in the construction sector.
The analysis of the proximity, reliability, safety, and flexibility concerns indicates that adoption of rail transport will effectively address the demand and supply of Turner Company.
Rail transport offers safe and reliable means transport as well as reduced transport processes. If adopted, rail transport will improve Turner Company’s performance.
Welsh, J. (2006). The American Railroad: Working for the Nation. The Motorbooks Classic, Motorbooks Publisher, Illinois.
Wolmar, C. (2009). Joining up Europe. Blood iron and gold: how the railways transformed the World, Atlantic Books, 74-94.