Superyard aims to enable the construction circular economy
Superyard, an online marketplace that connects buyers and sellers of unused stock sitting in yards across the country, is aiming to enable the circular economy of the building and construction industry.
The recently launched website aims to combat material waste with its marketplace, helping to reduce project costs as well as minimise unnecessary manufacturing.
Superyard founder, Ritchie Djamhur, is a member of the civil construction sector and says that the new service gives people a genuine way to reduce project costs and minimise unnecessary manufacturing by uncovering materials that could have remained hidden in construction and building yards for years.
“I’ve visited warehouses with literal tonnes of material that could find a new home. If only there was a way to share it with other interested businesses,” he says.
“With Superyard, it will be fast, easy and inexpensive to find and sell materials. Our no-commission model means no fine-print contracts or seller fees.”
He adds that it’s a win-win for the industry, which has been grappling with price increases and global logistics challenges.
“Suppliers are warning us to expect price hikes and long delays for new material purchases. Superyard will help redistribute existing materials that might not otherwise be available for months, which will also make a positive impact on the sustainability goals of the industry to minimise waste,” Ritchie outlines.
The site has gone through a long period of developer testing and is now open to a public beta launch.
Australia’s construction sector currently has 387,000 businesses, employing one million workers. Over half of the sector’s turnover goes to material purchases, or over $200 billion.