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Problem Statement
- How does the developer and contractor ensure their ability to secure/acquire the material needed for real estate development at the best price and on a timely basis.
- How to ensure that the procurement process is carried out with transparency/integrity and without vested interest.
- How to assist suppliers/contractors to sell off their surplus materials for real estate development.
- How to ensure tender from developers are carried out systematically and evaluated transparently without any self-interest.
- How to provide a sharing platform to link suppliers of materials for all Real Estate development to industry users.
Description of Services/Solution
- We leverage cloud/mobile technology and workflow to provide a B2B Sharing Economy Platform with Di-Procure module to help Real Estate Developers, Constructions Suppliers, Contractors/Renovators and Interior Designers to trade with each other efficiently.
- By using our platform, Real Estate Developers, Constructions Suppliers, Contractors/Renovators and Interior Designers can collaborate efficiently while reducing wastage and transaction cost.
Technology and Tools Used
- Our cloud and mobile solution provides an easy-to-use interface for Real Estate Developers, Constructions Suppliers, Contractors/Renovators and Interior Designers to communicate and collaborate efficiently.
- We provide up to date Information on the pricing and availability of supplies of materials needed by Stakeholders of the Real Estate Construction and Renovation industry.
Unique Value Propositions
- We provide a single B2B Platform to address different challenges in procurement for the Real Estate industry. Our solution improves efficiency by automating the industry.
- DI-Procure Unique Propositions are to :
a) Provide only B2B Sharing Economy Platform that address the Life Cycle requirements of the Real Estate Developer.
b) Transform the way Real Estate Developers, Construction Suppliers, Contractors/Renovators and Interior Designers interact and collaborate.
c) Accommodate any material needed by the above Stakeholders.
d) Enable the Stakeholders to obtain the optimal material price on a timely basis.
- The above unique propositions will provide the following benefits to the industry :
a) Speed - Reduce procurement life cycle time.
b) Efficiency - Reduce procurement effort.
c) Cost - Reduce the cost of procurement.
d) Accuracy - Precise real-time information on material pricing and supply.
e) Prevention of Wastage/Green Environment Initiatives - promote paperless procurement process.
Competitive Advantage
- DI-Procure is a module within DI-REP that connects Real Estate Developers, Construction Suppliers, Contractors/Renovators and Interior Designers.
- Some of the competitive advantages include :
a) A Single Platform that addresses the different challenges in buying and selling of materials in the construction and renovation industry.
b) Efficient and effective use of the available supplies.
c) Better communication and collaboration among Stakeholders in the procurement cycle.
d) Comprehensive and accurate information on the supplies.
e) Accessibility anytime, anywhere.
f) User-friendly interface.
g) Ensure best price to reduce cost for the Developers and increase profits.