REPORT ON CONSTRUCTION MARKETPLACES
McKinsey & Company reports concerning construction technology marketplaces, such as Burly, that “By enabling players to match supply with demand, these marketplaces have huge potential to optimize the supply chain — much the way such marketplaces have revolutionized industries such as retail — improving productivity and profitability. In construction, these marketplaces can also enhance competitive bidding by improving transparency on costs and availability of materials, labor, and equipment for both future and ongoing projects.”
Procuring equipment is a manual, time-consuming and expensive process. Burly gives contractors tools to increase utilization and ROI on their capital assets while also enabling other contractors to rent the equipment they need at prices far lower than available at a rental yard.
