GoExpedi, an innovative end-to-end digital supply chain and data analytics solutions company that is revolutionizing procurement and delivery of MRO (maintenance, repair, and operations) products for heavy industries, today announced its entrance into the commercial construction space, giving the sector faster delivery, improved visibility and reduced costs of vital materials.
One of the largest global auto manufacturers joined the commercial construction contractors utilizing GoExpedi's online platform and digital supply chain solutions to vastly improve the ordering and delivery of their MRO products. Builders partnering with GoExpedi now have access to more than 200,000 critical parts and supplies (including tools, safety equipment, building materials and more) with complete transparency on price, supplier choice and availability.
"Access to needed tools and materials in construction is already a challenge in today's supply chain environment," said GoExpedi CEO Tim Neal. "Expanding into commercial construction is a natural extension of our capabilities as we already provide significant operational and cost value with our digital platform across similar heavy sectors. We're quickly ramping up the number of construction groups we're working with, giving them a better way to plan for and order materials to help avoid costly building delays."
Procurement for the commercial construction sector has generally been driven by paper and phone orders, which are outdated processes that can jeopardize timely and accurate delivery and inventory of crucial materials for construction jobs. Traditionally, tracking, as well as forecasting materials and expenditures, have been difficult to manage.
The data visibility and analytic capabilities of GoExpedi's platform are also empowering builders to be more efficient with tracking expenses, increasing the level of oversight and optimizing how and when they order materials. These digital insights are helping general contractors uncover trends with materials ordering, which allow builders to stock ideal inventory levels, minimize costs and avoid costly building disruptions.