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Construction Business Review | Tuesday, May 02, 2023
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More information is available to consumers today than ever before. Today's customers expect to know where their supplies are located and when they will be delivered in real time. A fully digital supply chain is necessary for building material suppliers to keep up with the competition.
Fremont, CA: Manufacturers and suppliers tend to lag behind customers when it comes to making purchases online. Take advantage of this opportunity to gain a competitive advantage by adopting modern methods. As a result of current technological trends, building material suppliers can better manage receivables and follow up with slow-paying customers. Technology even allows you to identify problem customers before extending credit to them.
Technology Trends for Building Material Supplies
Modern construction material supply companies face many challenges. It is possible to drive growth and efficiency when current technology is implemented correctly. Customer relations, inventory tracking, and customer relations all benefit from integrating technology. Embracing these technological trends will help companies remain competitive.
• Cloud computing - Throughout the supply chain, computers exchange data and information. A number of Epicor's cloud-based software solutions are specifically designed for building supplies.
• Sensors and connected devices transmit real-time tracking and maintenance information on the Internet of Things (IoT). In the construction industry, RFID technology is used to track materials as they move through the supply chain.