Building materials suppliers like you work in a highly cyclical and increasingly competitive industry. We’ve observed the challenges that you face in the current market cycle. While building materials suppliers represent a diverse set of product categories with unique needs, there are some common practices of companies that are best positioned to weather the volatility and prosper moving forward:
- Product Innovation- The most successful companies are finding ways to innovate, to add new kinds of consumer and builder appeal to their products and services, and to anticipate and counter competitive moves better than companies that are just getting by.
- Alignment with Channel Leaders- Over the past decade there has been a major change in the distribution channel for building products. Big box retailers have grown to unprecedented size and influence in the market. As a result, you need strong access and leverage in these channels in order to continue to grow.
- Strategic Sales and Operations Planning- S&OP is critical for addressing the business issues you face of rising customer service expectations, improving utilization of expensive assets and managing volatile market demand.
- Effective Sourcing- Like many other industries, the building products industry is increasingly exposed to raw material supply issues and import competition. Seeking lower cost vendors, customers (in particular, big box retailers) are aligning themselves with Asian-based sources or making direct investments in overseas manufacturing.
Kineticsware for Building Materials provides you an integrated, adaptable business management solution that automates and streamlines financial, customer relationship, and supply chain processes in a way that helps you drive business success. And because Kineticsware solutions are integrated, everyone in your company can work together and make business decisions with greater confidence.
Next Steps
To find out how Kineticsware for Building Materials can meet your specific needs, contact us. We welcome the opportunity to discuss your situation.