Business
BuildDirect Completes E-Commerce Platform Migration and Enhancements
Company expects to achieve approximately US$850,000 in annual cost savings The platform migratio...
About this update from Builddirect.com Technologies Inc
[{"type":"text","content":"BuildDirect Completes E-Commerce Platform Migration and EnhancementsCompany expects to achieve approximately US$850,000 in annual cost savingsThe platform migration and enhancements provide significant updates to BuildDirect's front and backend systems for its e-commerce businessVancouver, British Columbia--(Newsfile Corp. - September 7, 2023) - BuildDirect.com Technologies Inc. (TSXV: BILD) (\"BuildDirect\" or the \"Company\") a leading omnichannel building material retailer, is pleased to announce that the Company has completed e-commerce platform migration and enhancements.As previously announced, BuildDirect has focused on streamlining its operations and supporting systems to improve efficiency and to better serve its customers. In recent months, BuildDirect has migrated and enhanced its e-commerce front and backend systems and subsequent business processes, delivering the following results:The Company expects to achieve a combined total of approximately US$850,000 in annual cost savings, which includes software and fulfillment expensesEnhanced ERP for more efficient management of finance, inventory and order fulfillment Upgraded E-Commerce site for merchandising and marketing to enable potential revenue growthFollowing the completion of the platform migration and enhancements, the Company now intends to shift its focus on growing its e-commerce revenue, which is built on a more stable and efficient technology, process and fulfillment stack. \"This was a challenging project, completed on a tight timeline and aggressive budget, which demonstrates BuildDirect's ongoing efforts to ensure efficient resource allocation,\" said Shawn Wilson, CEO of BuildDirect. \"The e-commerce platform migration and enhancements also highlight our commitment to delivering additional value by leveraging our expertise in both e-commerce and brick-and-mortar operations. The Company initiated this project to solve its legacy scalability issues, create a better associate and customer experience, and significantly reduce technology and fulfillment costs and we now look forward to scaling our e-commerce revenue to drive further potential growth.\"About BuildDirectBuildDirect (TSXV: BILD) is a growing omnichannel building material retailer. BuildDirect connects North American home improvement B2B and B2C organizations, and homeowners with quality buildin...