Tapping into unused materials could help construction businesses struggling to manage soaring costs. Superyard’s online marketplace will connect buyers and sellers of unused building stock sitting in yards all over Australia.
Founder Ritchie Djamhur says that rising costs affect small businesses more than any other segment because of their reliance on each job’s cash flow and expenditure.
“Small businesses don’t have the same buffers that larger corporations do when managing individual projects”, says Djamhur. “We’ve seen the headlines of large businesses going under, but it’s the family and small to mid-scale businesses that are even more exposed to the volatility and pressures in the building and construction sector.”
Djamhur says that Superyard’s platform can help unlock cash by finding buyers for excess materials. “There hasn’t been an easy solution to sell your unused building materials unless you have your own network of business owners or a good broker. On the flip side, small businesses could make huge savings by sourcing products that are already in circulation, potentially dampening the impact of current price pressures.”
According to Djamhur, the circular economy model in the Australian construction sector is still in its infancy. “Superyard is designed to serve the building and construction industry, and help businesses thrive in these extremely challenging conditions. We want to make it easy for businesses of all sizes to redistribute materials and make sustainable choices for their projects.”
Djamhur says that Superyard is currently in public beta testing and is gearing up for its official launch soon. “Businesses of any size are welcome to sign up now. We’re proud to be a service that helps our industry thrive and contribute to our sector’s sustainability goals.”