Key people Jeff Booth CEO Headquarters Vancouver, Canada Type of business Home Improvement E-Tailer | Website www.builddirect.com Founded 1999 | |
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BuildDirect is a technology company headquartered in Vancouver, British Columbia. It is an online marketplace for heavyweight home improvement products. The company was founded in 1999 by Jeff Booth and Rob Banks, and connects buyers (consumers and contractors) with sellers (suppliers and manufacturers). Categories include, but are not limited to, flooring, tile, decking, building materials, outdoor, kitchen & bath, molding & accessories and doors.
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Rob banks on resiliency and weathering the storm builddirect
History
Prior to co-founding BuildDirect, Jeff Booth was a home builder. After experiencing "complexities and inefficiencies", Booth founded BuildDirect in October 1999 with friend Rob Banks. Their goal was to simplify the home improvement industry. The first years focused on shipping heavyweight home improvement materials. In 2002 they launched www.Builddirect.com, an e-commerce site for home improvement products and building materials. The company grew quickly, doubling in size from 2002 to 2004.
During the financial crisis in 2008, the company nearly went out of business but survived by changing their business model to include suppliers lending their product on consignment to BuildDirect warehouses. In 2010, the company built a supply chain for shipping heavy goods "anywhere to anywhere", and in 2016, they launched the BuildDirect Home Marketplace. The company initially sold home building materials but has since diversified to include other products such as furniture, home decor, lighting, and outdoor living items.
On June 10, 2015, Builddirect acquired DraftingSpace, a software company based in Waterloo.
Heavyweight Supply Chain
The average weight of a BuildDirect product order is 1,500 pounds. To ship these heavy materials, BuildDirect built a new system. The company utilizes an existing network of primary transporters including freight, rail, and truck to import products to North America, move them to warehouses, and deliver them to customers. BuildDirect also uses technology and a competitive bidding process to calculate delivery methods.
Business
BuildDirect has built its own proprietary analytics and forecasting tools; BuildDirect Demand Rank™, BuildDirect Product Rank™, and BuildDirect Inventory Rank. These tools are used to analyze product specific data relating to consumer interest, market competitiveness, and geographic performance. This demand data is also available to suppliers, which provides opportunities for them to manage their own inventory planning, production and shipping.
In February 2016, BuildDirect launched the BuildDirect Home Marketplace; an online platform that connects consumers with home improvement products. The platform also offers a self-service model for sellers to onboard their products.
Locations
BuildDirect has many distribution points across North America, with 6 super warehouses in Vancouver B.C., Los Angeles, Dallas, Atlanta, Chicago, and New Jersey. The company headquarters is located in Vancouver, B.C.