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Digitisation of the Construction Supplies Market

Alice-India Garwood
by Alice-India Garwood on January 11, 2019

The construction industry is, unfortunately, notoriously behind when it comes to digitisation and taking planning, ordering and supply online. Considered the Fourth Industrial Revolution, or, 4IR, the digitisation of the construction industry is the next step in increasing the efficiency and global scale of construction. Arguably, alongside this, it is the construction supplies market that is most behind in this area.

Where planning and design are moving to digital, there is an issue of trust where building materials are concerned.

Why is the industry so afraid to change the way it looks at supply and demand? And what are the benefits of leaning in to the next logical step for the industry?

Thanks to innovations in construction technology like BIM, which have completely disrupted the way we look at project planning and design, major aspects of the construction industry have been revolutionised. Efficiency is at the heart of what is motivating these innovations. Why then, is the construction supplies market falling behind?

Bobtrade, Construction, Technology, Digital, Supplies, Materials, Builders, Merchants, BIM[Photo Credit: Gordon L. Seaman]

"Innovations in construction technology like BIM have completely disrupted the way we look at project planning."

For decades the nature of supply and demand in the construction industry has relied on face to face relationships between builders and merchants. Whilst this isn’t a bad way to do business, it does open up potential issues. Changing rates, reliance on a singular supplier and the potential for slow or missing deliveries.

"For decades, the construction industry has relied on face to face relationships between builders, and usually, a single merchant."

Why can’t builders have this relationship with multiple merchants and enjoy the benefits of increased efficiency and lower costs that digitisation can bring?

Bobtrade, Construction, Technology, Digital, Supplies, Materials, Builders, Merchants, BIM[Photo Credit: Boss Steel Ltd.]

Digitisation is proven to be a more efficient method of stock and financial management.

Smaller merchants would benefit from these changes with regards to taking on the bigger merchants and expanding their reach.

With proper management within a digital platform, building these same relationships with multiple merchants is entirely possible. It gives the consumer the choice to prioritise speed of delivery or price, whilst also allowing merchants to expand their market reach.

Building a relationship with merchants via a digitised platform is no different to how you might do it in person. Repeat custom builds the relationship and reliable deliveries cement it. It’s as simple as that.

Bobtrade, Construction, Technology, Digital, Supplies, Materials, Builders, Merchants, BIM[Photo Credit: Equinix Blog]

"Repeat custom builds the relationship and reliable deliveries cements it."

So, what is available to help digitise these processes?

You have, of course, BIM. With regard to stock management and efficient planning to prevent waste and over expenditure you cannot go wrong. With this comes modern methods of construction such as prefabrication and modular construction which can be planned via programs such as BIM.

Now all you need is a reliable, friendly and easy to use platform to buy and sell on. A platform which provides security to buyers and sellers and the luxury of choice, whether that is location of merchant or cost of supplies, choice is the golden ticket that a platform like Bobtrade.com provides to builders and merchants.

Interested? Click here for more information and to sign up to early access on Bobtrade.com, the new way to buy and sell building supplies.

AUTHOR
Alice-India Garwood

Alice-India Garwood

Content Marketing Executive at Bobtrade. Interested in design, sustainability and the history of construction. I love all things indie and theatrical.