{"id":8463,"date":"2021-11-08T00:00:00","date_gmt":"2021-11-07T13:00:00","guid":{"rendered":"https:\/\/bxglobal.wpengine.com\/nz\/uncategorized\/how-suppliers-can-foster-a-healthy-relationship-with-their-builders-and-manufacturers\/"},"modified":"2023-03-20T15:32:43","modified_gmt":"2023-03-20T03:32:43","slug":"suppliers-foster-builder-relationships","status":"publish","type":"post","link":"https:\/\/www.buildxact.com\/nz\/blog\/suppliers-foster-builder-relationships\/","title":{"rendered":"How suppliers can foster a healthy relationship with their builders and manufacturers"},"content":{"rendered":"

3 minute read<\/em><\/p>\n

Price and inventory volatility <\/span>are <\/span>causing custom home builders and <\/span>pro<\/span> <\/span>dealer<\/span>s<\/span> headaches. There is no magic solution, but effective and constant communication between <\/span>all the parties <\/span>involved,<\/span> <\/span>helps.<\/span><\/p>\n

Market volatility<\/span><\/b> <\/span><\/h2>\n

Price and inventory volatility is causing custom home builders and suppliers headaches consistently. While there is no magic solution to the problem, effective and constant communication between all parties (builders, suppliers and clients) will go a long way to a smooth home building process. <\/span> <\/span><\/p>\n

Builder \u2013 supplier relationship<\/span><\/b> <\/span><\/h2>\n

The relationship between suppliers and builders needs to be mutually beneficial. Suppliers need loyal customers who go to them for their building needs, just like custom home builders need a reliable and knowledgeable supplier who provides the required materials at reasonable prices. Suppliers should be able to give suggestions if the desired materials are not available.<\/span> <\/span><\/p>\n

When builders search for suppliers, they should look for ones with healthy relationships with manufacturers.<\/span> <\/span><\/p>\n

According to <\/span>Vertex<\/span><\/a>, an architecture, engineering and construction firm, 22% of 901 respondents said the proper party, whether it was the suppliers or the contractor, notified them of supply-chain delays. The report also shows 16% experienced project delays or disruptions due to material, equipment and\/<\/span>or parts shortage. <\/span> <\/span><\/p>\n

Homeowners building their homes do not care why there is a delay in construction; they only care that there is a delay, which could sour the relationship between client and builder. Adding to the supply shortage headache is the housing boom. According to <\/span>Freddie Mac<\/span><\/a>, a mortgage loan company, the <\/span>shortage of building materials and products<\/span><\/a> in the United States to meet demand has ballooned to 52%. The shortage went from 2.5 million homes in 2018 to 3.8 million in 2020. <\/span> <\/span><\/p>\n