BuildPoint Introduces First Concrete Procurement Suite for Construction; Smooths the Concrete Ordering and Dispatching Process for Buyers and Sellers.Business Editors/High-Tech Writers WORLD OF CONCRETE LAS VEGAS--(BUSINESS WIRE)--Feb. 26, 2001 BuildPoint Corporation, the leading e-commerce company for the construction industry, today announced the first online Concrete Procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. Suite to streamline the entire concrete purchasing process Purchasing Purchasing is the formal process of buying goods and services. The Purchasing Process can vary from one organization to another but there are some key elements that are common throughout The process usually starts with a 'Demand' or requirements . By using BuildPoint's Concrete Procurement Suite buyers and sellers (contractors and suppliers) will be able to perform routine daily practices faster and more efficiently over the Internet, providing an online record of orders and reducing potential communication errors and order disputes. BuildPoint is demonstrating the specialized suite of online tools this week in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. at the World of Concrete in Booth No. 3211. BuildPoint Introduces the Concrete Procurement Suite BuildPoint's Concrete Procurement Suite automates and expedites the concrete procurement process and enables purchases to be made directly from BuildPoint's industry-leading online catalog Similar to an online library or databases in the information storage respect, ‘’’online catalogs’’’ allow potential customers to browse a company’s items for sale from a different location using the internet. of vendor specific concrete products such as admixtures, concrete tools and accessories, finishing, patching, curing and repair materials. -- Concrete Order Tool -- A walk-up concrete ordering system for buyers and sellers to place, receive and adjust "firm" and "will call" orders 24/7. The typical order contains all relevant info such as project, delivery date and time, mix number, quantity, spacing and any additional comments. If changes need to be made to a "will call" order, the buyer can edit and delete line items and have them quickly confirmed by the seller. -- Request for Quote/Purchase Order Tool -- An online tool for buyers and sellers that simplifies the procurement process and reduces paperwork, faxes and phone calls. By sending and receiving a request for quote (RFQ) or purchase order (PO) online with attached plans and specs easily accessible, terms and price can be negotiated quickly. Truck delivery can also be scheduled and confirmed. -- Concrete Selector Tool -- A value-added purchasing tool for developing performance-based ready mix designs. Using decision trees and pull-down menus, contractors can describe the performance of the mix without needing to specify the prescription, allowing concrete producers to leverage their years of expertise to create the best performance mix. -- Concrete Order Reports -- Consolidates the history of all orders placed within the concrete order tool, providing a historical record, including hyperlinks to actual orders. Every communication is recorded and summarized for both parties in a project history, eliminating the likelihood of communication errors and disputes. "Because the average ready mix dispatching center receives dozens of orders every single day, it is crucial for us to quickly and effectively communicate with our customers every step of the way -- from initial order request through any order changes, right up to the day of delivery," said Tom Albanese, vice president of Central Concrete, a U.S. Concrete Company. "Concrete purchasing is one of the most difficult construction industry practices to track and record. We studied the daily routine of frequent phone, fax and verbal communication between multiple parties and built a procurement platform which mirrors existing business processes and can streamline the processes already in place," explained Wallace Johnson
About BuildPoint Corporation BuildPoint Corporation, the leading e-commerce company for the $3.7 trillion construction industry, provides fast, reliable and secure e-commerce applications for the industry's largest community of contractors. BuildPoint.com(SM) is a leading contractor's marketplace that allows buyers and sellers to negotiate for and procure construction products and services online; provides online bid solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual management and lead generation; and offers access to financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. including insurance, lending and leasing. More than 38,000 member companies transact An earlier e-commerce system for the Web from Open Market that included order capture and secure order fulfillment using credit cards, ecash and other payment systems. It included customer service and subscription administration capabilities as well as an integrated database for reporting business over BuildPoint.com, including more than 75 of the Engineering News Record's Top 400 general contractors A general contractor is an organization or individual that contracts with another organization or individual (the owner) for the construction of a building, road or any other execution of work or facility. . BuildPoint is a private company whose investors include construction.com, part of The McGraw-Hill Companies, Chase Capital Partners, NorthStar, RMC RMC Royal Military College RMC Radio Monte Carlo RMC Randolph-Macon College (Ashland, Virginia) RMC Regional Medical Center RMC Robert Morris College (Illinois) RMC Rocky Mountain College Group, SAP Ventures, Techfund Capital, Thomas Weisel Partners Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), often shortened to just TWP or TWeisel, is a U.S. middle-market and growth focused investment banking firm based in San Francisco, California. and Vortex Partners. The company is headquartered in Redwood City Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif., with sales offices nationwide. For more information on BuildPoint, visit www.buildpoint.com or send e-mail to info@buildpoint.com. Note to Editors: BuildPoint and BuildPoint.com are servicemarks of BuildPoint Corporation. All other trademarks or registered trademarks are the property of their respective owners. |
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