The market downturn is far more significant than most people projected and in turn is causing many people a fair amount of pain. Companies that loaded up on inventory or had high cost models of distribution to support never ending sales growth are seriously challenged when the remaining buyers are searching for real savings and value instead of gimmicks. Some of the old business models don’t work anymore and the same inventory that used to be their growth engine is like a noose around their necks. Real … [Read more...]
BuildDirect’s distribution platform recognized
April 21, 2008 By Leave a Comment
Without wanting to use this blog as an advertsement for our company, there are times that I am very proud of the team and company we are building. This is one of those times as I read that BuildDirect was recently recognized by the British Columbia Premier's Technology Council. From the latest report: "In the construction industry, BuildDirect, a BC company, has revolutionised the distribution of building materials. By approaching the manufacturers directly, they have cut the costs that … [Read more...]
The worst U.S. housing crisis since the great depression
April 4, 2008 By 4 Comments
I was always taught that when there is an elephant in the room, you might as well deal with it right away. The "elephant in the room" in this case is the state of the US housing market. What got me thinking about sharing my thoughts on this topic is an article today that talked about February being the 24th month in a row of declines in construction spending. You can find the article here. For all the companies that are selling into the US construction industry, this statistic does not come as a … [Read more...]
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