Although the year started with cautious optimism that costs would continue to go down, the latest data from the U.S. Bureau of Labor Statistics show an increase in construction input prices. Specifically, "construction materials prices increased 0.4% in...
StructShare partners with Electrical Distributor Montana Datacom.
The leading Electrical Distributor in the Tri-State Region, Montana Datacom, announced a partnership with StructShare, a top digital purchasing and material management software provider for the specialty trades. The partnership will enhance Montana's digital footprint and provide its vast electrical contractor customer base with an omnichannel purchasing experience.
U.S. total construction starts are forecast to be up 4% in 2021, moving from $778 billion to $810 billion, before climbing another 8% in 2022 to $877 billion. While the labor shortage is increasing and competition is heating up, Material distributors need to be well-positioned to provide more value-added services for trade contractors relying on their operations for accurate material deliveries, lowering costs and overhead. As a result, distributors like Montana Datacom can enable their clients to do more business, make better decisions, and be more productive. And that impact is exponentially increased with the market dynamics.
"StructShare offers an out-of-the-box digital solution for distributors that don't have the resources and attention to build their own. It helps to gain a competitive edge and provide the highest level of ordering experience to the subs. StructShare also enables our sales reps to chat with clients directly, offering instant communication to increase the level of service we provide. We're very excited to activate our customer base with a solution that moves the needle for their operations," said Jennifer Muhlrad, President of Montana Data.
As a Certified Woman Business Enterprise, Montana Datacom works with electrical contractors supporting large-scale projects for the Department of Transportation, Metropolitan Transportation Authority, School Construction Authority, etc. Partnering with StructShare offers a streamlined purchasing and materials management process where all stakeholders win.
"StructShare's purchasing experience is frictionless and unmatched by anything in the market," said Brian Hargrave, Owner at Hargrave Electric. "We're seeing immediate ROI in time and money savings while having all our purchasing data right at our fingertips for the first time. In addition, StructShare is unbelievably easy to use for the field and the office - daily actions used to take me hours, now it's a click of a button without any errors!"
Headquartered in New York/Tel Aviv, StructShare enables subcontractors to easily transition into efficient material purchasing and management without any IT investment or setup. StructShare software replaces the error-prone and manual-based purchasing workflows with a fully digital infield solution designed specifically for trade contractors. It automates the processes and centralized data in a single source that syncs with the existing project management and accounting systems.
"Our mission is to help specialty contractors ace their jobs by streamlining purchasing, material management, and invoicing as well as helping the back-office and fieldwork more efficiently. We are excited to partner with Montana to provide our purpose-built platform and its benefits to their team and customer base," said Or Lakritz, Founder and CPO at StructShare.
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Headquartered in New York, Montana is one of the key local distributors of American-made electrical, data, transit, telephone, conduit, video, fire alarm, security, and industrial products. Montana was established in 1996 and as a Certified Woman Business Enterprise works with the Metropolitan Transportation Authority, School Construction Authority, and DOT on large-scale projects.
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