As we wrap up 2024, it is amazing to look back on our growth and success in the US lumber and building materials market. The relationships we've built and insights we've gained have helped shape both our direction and our industry-specific ERP solution.
Strategic Investment
February marked a significant milestone as Goodbody Capital Partners, representing AIB, demonstrated confidence in our vision by supporting our US expansion with funding. This support has been instrumental in enabling us to introduce our browser-based GenetiQ solution to the US lumber and building materials industry.
Making Friends in All the Right Places
We’ve been busy this year!
We joined the NLBMDA’s Manufacturers and Services Council. We became a 3-Star supplier member with Lumbermens Merchandising Corporation (LMC). And we worked hard to understand the industry better. Our partnership with LBM Advantage has also grown stronger throughout the year.
Some highlights from our event calendar:
- Started the year as Platinum sponsors at the LBM Advantage Buying Show in Florida
- Hosted a summer webinar talking about technology challenges in the industry
- Wrapped up the year as Platinum sponsors at the LBM Expo at Mohegan Sun
- Had an exciting meeting on Park Avenue, NYC with Ireland's Minister of Trade and Employment, Peter Burke T.D., and Enterprise Ireland's leadership team, including CEO Leo Clancy. It was a great opportunity to share our progress and vision for the US market
What We've Learned
Through countless conversations with industry professionals, we've gotten a real handle on what matters most in the building materials industry:
- Supply chains are still giving everyone headaches
- Price swings continue to make margin management tricky
- Finding and keeping good people remains challenging
- Sustainability isn't just a buzzword anymore - it's becoming a real business priority
- Customer relationships matter more than ever in this competitive market
- Technology needs to make life easier, not harder
Moving Forward Together
These insights reinforce the value of what GenetiQ already offers the lumber and building materials industry. Our solution helps you respond quickly to price changes. It streamlines inventory management across locations. Plus, it helps you maintain strong customer relationships.
With our browser-based platform, your teams can access what they need from anywhere. Automated processes help lower their daily workload. And as sustainability becomes more important, we also provide the tools needed to track and report on environmental compliance.
A Big Thank You
None of this would have been possible without our incredible U.S. team. They've put in countless miles on the road, spent hours learning the ins and outs of the U.S. industry, and worked tirelessly to build relationships and support our customers. Their dedication to understanding and serving this market has been nothing short of amazing.
Looking Ahead to 2025
As we look toward 2025, we're excited about the opportunities ahead. We're committed to helping more lumber and building materials businesses thrive with flexible, practical solutions that address real industry challenges. Here's to another year of working together with the lumber building materials community!
Want to see how GenetiQ's lumber and building materials ERP software can help you tackle current industry challenges? Schedule a call with our team today.