Every industry is facing the same cost and profitability pressures – the real estate development and construction industry is not alone. Companies within each industry are striving to identify product sources to lower their costs and protect or improve their profitability.
BlueBoat partners with developers and general contractors to plan the procurement of multiple projects at the same time, with the goal of capturing the best economics of a well planned strategy. In doing so, BlueBoat identifies manufacturers domestically and in countries outside of the US. Low-Cost Country Sourcing (LCCS) has been the answer for many industries and is increasingly the answer in the development of real estate. Studies show that strategically sourced materials from LCCS can reduce costs by 25% to 30% when compared to sourcing domestically.
BlueBoat’s Direct Purchase program is the simplest approach to experience Low-Cost Country Sourcing on an individual project.
BlueBoat works directly with developers and general contractors to procure architectural finishes for specific projects. Architectural finishes typically include, counter tops, wall cladding, pavers, cabinetry, flooring, glass and more.
Success in the real estate development and construction industry, as with every industry, depends largely on successfully reducing risk to acceptable levels and managing the remaining risk. Our clients require and expect architectural finishes that meet specifications, quality standards, and that are delivered to the job site on time. BlueBoat’s success has been based on our ability to manage the risks that impact those expectations – and that ability is squarely based on our knowledge.
We KNOW the process from beginning to end – Our design team helps identify issues in design before production, our in-country team oversees production, while our risk management and logistics team ensures the product arrives on time and to specification.
We KNOW architectural products, the building industry, and standards – We bring that knowledge to the table with our manufacturers and our clients.
We KNOW the manufacturers – We have met, visited, vetted, toured, and tested the manufacturers that will supply our client’s products.
We KNOW logistics, shipping, and customs clearance – We have partnered with one of the largest shipping companies in the world, to ensure we have control of our products from the manufacturer to the job site.
We KNOW risk management depends on communication! – We provide communication and documentation throughout the entire process with the details our clients need to make good, well-informed decisions.
At the core of every successful project is strong, effective and timely communication. We pride ourselves on our team communication.
We provide documented Procurement Plans so that everyone is on the same page.
We provide regular documented communication of production progress, as well as the finished products in our Production Updates.
Our clients have the peace of mind of seeing their finished products packaged, crated and loaded onto containers by virtue of our detailed Shipping Updates.
The Procurement Plan provides a delivery schedule which we manage throughout the process.
We take great pride in continuous improvement and one of the steps in that process is the evaluation of the project and communication with our clients of ways to improve on any learning points.