In homebuilding, 'time-to-market' is not just a metric but a critical pivot point for driving profitability and growth. Especially for production builders, effectively managing time-to-market challenges is key to meeting market demand and responding to competitive pressures, rising interest rates, and supply chain delays. With advancements in intelligent software, you have the opportunity to leverage emerging efficiencies that promise to reduce time-to-market and boost competitiveness.
As a residential builder, you typically face two main time-to-market challenges:
John McManus from The Builder's Daily* accurately explains the complexity of the homebuilding process:
In order to quicken time-to-market, fostering cross-departmental collaboration and embracing innovative technologies is key. Teams across operations, architecture, purchasing, and sales must work in unison to implement changes effectively. Present-day AI and rules-driven engines can significantly speed up these processes, turning potential bottlenecks into advantages for builders who are tech-savvy.
Autodesk's BIM 360, for example, uses machine learning to predict and manage project risks, while Procore's Construction OS improves communication and collaboration, a feature that proves particularly beneficial for larger-scale commercial projects. These AI-powered technologies streamline project management and turn potential bottlenecks into opportunities for the construction sector.
However, while tools like Procore can be used in residential construction, their broad focus may not fully cater to the homebuilder’s specific needs and workflows. Higharc bridges this gap by providing tailored innovations to residential builders. Its rules-based generative design engine, developed specifically for homes, helps you streamline operations, improve accuracy, and maintain the quality of your product as your business scales.
Higharc's platform enhances your current processes instead of replacing them. It encourages interconnectedness across departments, dissolving data silos and promoting efficiency. Its automation allows for rapid plan design and changes, helping you swiftly adapt to market needs and scale your operations with ease.
In the competitive homebuilding industry, reducing time-to-market is a must. You can overcome time-to-market challenges by using modern, cloud-based platforms like Higharc. This technology can unlock significant potential for production homebuilders looking to reach their next tier of growth. With Higharc, you can continue building quality homes while ensuring a competitive edge.
*Source: The Builder's Daily
Please enjoy our "Getting Homes to Market Faster" playbook and discover how Higharc can empower your building projects.