Did you know that 15% of materials delivered to construction sites end up in landfills due to mismanaged scheduling and purchasing? That’s a shocking statistic, and it’s just one of the many inefficiencies holding the construction industry back from reaching its full potential.

Construction Industry’s Inefficiencies: The Profitability Drain

Despite being a vital sector contributing $8.8 trillion to the global economy, the construction industry is stuck in the past, relying on manual processes that are time-consuming, inefficient, and often inaccurate. It’s no wonder that contractors are seeing their profitability drain away.

Material waste is not just an environmental issue, but a financial one too. The cost of wasted materials can add up quickly and have a significant impact on a project’s profitability. By reducing material waste through better procurement practices, contractors can save money and increase their bottom line.

Streamline Your Procurement Process with Speedbrick COMPOSE

In Malaysia, there’s a game-changing technology that sets contractors apart from their competitors in terms of efficiency: Speedbrick COMPOSE. This easy-to-use digital procurement software empowers contractors to digitize the entire procurement cycle, from purchase orders to payments, and everything in between.

Speedbrick COMPOSE is designed to streamline the purchasing cycle and get all stakeholders onboard on one common yet personalized digital purchasing platform. This helps to reduce the blame game among sites and offices and ensure that everyone is on the same page. By digitizing the procurement process with Speedbrick COMPOSE, contractors can ensure data accuracy, reduce the risk of errors, and increase transparency throughout the construction supply chain management.

Digital procurement strategy is essential in today’s fast-paced construction landscape. By adopting a cloud-based procurement software for construction, you can revolutionize your construction procurement and reap the benefits of increased efficiency and reduced costs.

At Speedbrick Solutions, we build easy-to-use software that allows contractors to do more with less. We offer four products that empower contractors to monitor risks ahead of time on mobile devices: procurement management, revenue management, subcontractor management (sub con), and business analytics dashboard. With Speedbrick Solutions, you can optimize your operations and focus on delivering quality projects on time and within budget.

Don’t let long-standing inefficiencies hold your construction business back any longer. Contact us for a free consultation today and discover how Speedbrick Solutions can help you achieve your goals. Visit our website at www.speedbrick.com to learn more about our construction purchasing software, procurement software for construction, and purchasing software for construction solutions.