Everyone can save resources and reduce cost when working with bulk purchasing. The key is doing it right and knowing how to approach it depending on the materials or goods needed.
In Florida’s fast-paced construction industry, the art of bulk buying for contractors is going to be key to increase profit margins. Or, at least those that do, are able to cut costs by a lot.
Of course, the key in bulk purchasing isn’t only in the quantity but also in the specific items purchased and whether they are new or not.
You need to focus on sourcing them in bulk, but also try to find surplus goods that reduce costs significantly.
Whether you are a home builder, general contractor, or trying to work with commercial projects, you are definitely interested in the approach.
Knowing where and how to source bulk construction materials for contractors is essential. It brings down your costs, time spent, and how profitable your projects are will vary thanks to this.
At Coastal Surplus Solutions, we help you connect with surplus goods in all industries. This includes finding lumber, wood, and all types of construction materials.
We want you to have all the advantages possible and maximize your resources. Hence. Take the time to discuss the options with us.
However, before you go over those, we want to teach you how the process looks like and can be done.
Step 1: Identify High-Cost Materials
Not all construction materials are worth sourcing and finding in other markets.
Many specific ones are almost the same price and it is worth getting them as brand-new instead of second-hand or discounted.
Take the time to review your project budgets and consider which materials are the expensive ones. then, think how much they are eating up from your budget and project.
For most contractors, there is a specific list of materials:
- Lumber and plywood.
- Cement and concrete depending on the project’s size.
- Roofing and flooring materials.
- Anything like steel, rebar, and structure hardware.
As stated by Florida Lumber, buying these materials in bulk is more cost-efficient than project-based purchasing. They still provide consistent quality and reduce the risk of overspending.
Step 2: Partner with Regional Wholesalers
Did you identify your materials? Then, focus on building relationships with trusted suppliers.
You can find multiple wholesalers in the state who offer nothing more but bulk items and pricing.
However, be careful. With so many construction professionals and companies searching for these, scams are always active.
Try going for local companies and experts with a track record.
- Florida Lumber has served South Florida for over 5 decades. You can find amazing pricing and select from different types of materials. If you are nearby, you can save a lot in costs and shipping while getting customized quotes.
- Wholesale Building Products are located throughout Hollywood and Jacksonville. They stock millions in inventory and provide access to high-quality materials, including lumber and plywood.
- Southern Pine Lumber Company and Rex Lumber Company focus on hardwoods and specific products.
Others like Conner Industries and Repackify offer great options in eco-conscious items. Also, allow you to negotiate bulk pricing for contractors depending on the purchase size.
Just make sure to be consistent. Build long-term relationships and access contractor surplus inventory deals by showing loyalty.
Step 3: Leverage Seasonal Surplus (Post-Hurricane Discounts)
The best time to buy any products, goods or items is when a season has just ended… or when a specific circumstance has taken place.
In Florida, you can experience many hurricanes and storms. While it sounds a bit tacky to mention it, many suppliers often have surplus inventory, especially materials for reconstruction.
They will bring those items during the incidents and offer them at very specific and high prices.
However, once the market has settled down, and the hurricane isn’t a problem overall, you can get amazing discounts.
Monitor the market and work on staying in touch with your suppliers.
Take advantage of post-hurricane discounts on overstocked items, and negotiate each option and rate with them.
You will find amazing options and many suppliers are always open to get rid of the extra items.
This approach is amazing, and we assure you that finding the best suppliers for roofing materials or construction during these times won’t be hard.
Example Case: Orlando Contractor Saves $12.000/Year
It is possible to save. This was proven by a mid-sized contractor in Orlando who reviewed their annual spending and identified lumber and roofing as their biggest expenses.
To reduce costs, they went over different sources of bulk purchasing and utilized local wholesalers.
This allowed them to reduce material costs by 15% and save over $12.000 annually.
Of course, the process took negotiation season discounts, finding the right suppliers, and making sure goods were high quality.
However, it was a step.by-step process that brought the benefits needed.
We can help you get the same benefits by helping you connect with surplus goods.
Coastal Surplus Solutions offers full support for sourcing and streamlining logistics.
Feel free to contact us anytime and have our team’s support.
