JUST-IN-TIME BUILDING MATERIALS

 

Summary

 

This concept is to set-up a ‘materials procurement system’ based on an ‘extranet’ facility (not yet available ?) accessible by participants from the construction industry. For the purpose of this concept the participants are building material suppliers (bricks, pipes, doors, toilets, etc) and builders who require these materials.

 

The present system of ‘materials procurement’ is time consuming inefficient and costly whilst not necessarily providing value for money in the product, proper information, etc.

 

The idea is that builders ‘inject’ onto the extranet their material requirement(s) (this could be a single item, several items the same or a complete list of materials of all kinds), and when it/they are required on-site.

 

Material fanuacturers/suppliers, etc (all over the country and perhaps Europe or globally) can access this request if it falls within their scope and offer a price for the product (or some of the products) to be delivered on the required delivery date or alternatives.

 

If the builder finds the price etc. acceptable, the order can be placed on-line and delivery to his ‘site’ expected on the agreed date (not before and not after).

 

Equally the supplier can submit invoices directly utilising the extranet.

 

SEL would secure the transactions based on an industry universal debit/credit system with in-built ‘time to pay’ period established between the individual participants; a plus for the suppliers.

 

Revenue model

 

The costs of this ‘business’ are basically ‘set-up’ costs and the ‘running-costs’ only associated with a continual vigil over participation, expansion, etc., and a subscription to the ‘extranet’ facility (OR this could be the extranet facility which would recover income from other users).

 

Income would be generated by a percentage ‘take’ of the transactions and fees for transmission of information (ie advertising, technical literature (eg British Standards, etc)) to participants who are ‘members’ of the facility based on bytes downloaded.

 

Suppliers would be able to submit ‘web-sites’ of their stock materials, etc which would be made available to the ‘builders’ (eg This weeks offers, etc) from which builders may wish to purchase to ‘stock’ but this obviates the purpose of the facility. The builder should not need stock and/or a yard to store them in.

 

The product and the market

 

The ‘product’ is a service within the construction industry to provide materials ‘just in time’ and at the most competitive prices including delivery to site.

 

The market is producers/suppliers of building materials and components on the one hand and builders on the other.

 

ES Test

 

Product characteristics

 

Most building materials are specified by designers or regulation and therefore the criteria, sight, sound, smell, taste and touch will not come into play. Information such as weight, fixing, etc is required but dose not affect the choice unless the job allows a choice; not normal.

 

Familiarity and confidence

 

95% of a builders’ requirements are familiar and well known to him (bricks, screws, wood, etc) and he is completely confident that if the product conforms to a relevant standard or the required specification, they will suit his requirements. This imposes a certain amount of honesty on the part of the supplier in not passing goods on which do not conform or conform to a lesser standard/specification. Although there is recourse at law, the delays to a project can be great in financial terms.

The remaining 5% of familiarity can be dispelled by the provision of proper and sufficient information for installation, etc provided by the supplier as accessory to the price offer; a feature not available instantly at the local builders merchants.

 

Consumer attributes

 

This may be a stumbling block, builders are not at the top of the tree when it comes to IT. Our prospective clients fall into the following wide spread of groups :-

 

a)             Experimenters – builders/suppliers who like to try new things.

b)             Convenience buyers - these are builders who have limited time or knowledge of the market.

c)             Habit-bound die-hards - these are builders who do not like to change or try new things. They tend to visit the same merchants.

d)             Value shoppers – there are builders for whom value (not necessarily cheapest) is the most important characteristic.

e)             Ethical shoppers – perhaps a growing number of builders and their clients place a high value on ethics and promote a strong ethical policy. At present this attitude can not be available at the local merchants.

 

ES Conclusion

 

Product characteristic and familiarity/confidence would suggest a likelihood that this venture has a high chance of success. The problems are associated with builders and suppliers acceptance of such a system.

Suppliers can be easier to persuade, as they recognise that trading in the same area with their competitors can produce a better price and greater turn-over. They also have in place e-systems within their own organisations.

Builders on the other hand; we would be looking to bring on board initially groups a), d) and e), who are wanting better procurement efficiency, availability, delivery when promised and the associated reductions in costs within their offices and on-site.

 

Richness and reach

 

Present

 

Reach is limited to the number of merchants locally (about three) and richness is limited to the stock they carry nominally increased by their direct access to manufacturers, etc.

 

a)             A builder has a limited number of merchants available within his operating area; limited mainly due to delivery radius.

b)             Merchants stock only a limited amount of materials, etc most of which secures him the best margins whilst competing in the local market place.

 

Proposals

 

The proposed system will provide a large number of builders (nationwide) with access to a diversity of suppliers and delivery modes (eg. Next day, exact day, etc so that other facilities can be arranged). We blow out the local builders merchants who at present are the middle-men; the intermediators.

 

This is an increase in both richness and reach over the present  day-to-day system.

 

The proposals are similar to ANX (lets call it UKBUILDX) utilising EDI providing re-intermediation with an O-2-O set-up which will rely on participation from suppliers and builders.