SkuSphere and New Home Technologies Announce Strategic Partnership
The Hyphen Network
DALLAS, June 24, 2015 /PRNewswire/ -- The Residential Item Master database ("SkuSphere") announced today a strategic partnership with New Home Technologies, LLC creators of Envision "the Design Center you can have anywhere."
The SkuSphere catalog can be integrated into any existing system including bidding, procurement, CAD, as well as enterprise planning systems. This gives the user automated product, takeoff and SKU level detail on all appliances, equipment, materials, or even, assemblies of products specified and utilized in the residential construction industry.
The new partnership allows SkuSphere and Envision the ability to share the robust data each has gathered to further enhance Sales, Marketing and Supply Chain Management for the Homebuilding Industry.
David B. Deniger, Chairman of Hyphen stated, "This industry-wide, catalog should help bridge the supply chain impediments which arise from conflicts in nomenclature among thousands of manufacturers, distributors, installers and builders. This shared catalog, available to the entire supply chain, will add clarity and reduce transaction costs for builders, installers, distributors and manufacturers while providing specificity of items purchased and installed."
"SkuSphere will enhance our SupplyPro Connect customers' fulfillment, which today, enjoy direct integration from our builders' ERP systems into vendor order entry systems with enhanced mapping of PO line item detail," said Felix Vasquez, President and CTO of Hyphen Solutions, LLC. Further, he stated, "As the residential supply chain adopts the data feeds from the new catalog, buyer and seller technologies will perfectly integrate to include mapped manufacturer, distributor, installer, and builder nomenclature into a shareable item master complete with retail or wholesale descriptions. These common links will forever marry product specifications with bidding, procurement and fulfillment systems, eliminating manual processes and allowing construction automation to take a giant step forward, which would be consistent with other manufacturing sectors. This comprehensive catalog is offered and supported without any additional charge to our customers," added Felix Vasquez.
John R. Nygard III, President of SkuSphere stated, "It is an exciting time for the industry, this new partnership extends the capabilities of every participant in the supply chain, from the estimator who can see the details for every item he specifies, to the manufacturer who will be able to see where every sold item was installed as a result of this offering. We also foresee additional potential for the automation of bid setup as well as efficiencies in communication between the SkuSphere and the Envision application set."
The dream of the SkuSphere project began ten years ago when Hyphen first started integrating Homebuilder's back office systems with their trade partners using SupplyPro, a two-way communication portal that allows suppliers to work with builders regardless of which system a builder uses. Today over 36,000 users enjoy that electronic integration for up to date scheduling, collaboration and purchasing activities. The scheduling and collaboration functionality includes today bidding tools, inspection, electronic payment, lien releases and now warranty.
The integrated purchasing functionality has been impeded by the lack of SKU level information on purchase orders. This requires trade partners to invoke manual processes to identify product needs for each requisition. With so many SKUs available in the new home specifications, homebuilders and their supply chain partners have struggled to keep their systems' item master current.
SkuSphere will provide this coordinated data to all supply chain customers without any additional charge.
About Hyphen Solutions:
Hyphen Solutions provides over 36,000 users with industry-leading supply chain management, collaboration, and scheduling solutions for North America's home builders and their suppliers. Hyphen Solutions' unique technology delivers greater operational control, better communications and increased productivity for both home builders and their building partners who use our applications. Hyphen's product base includes: Hyphen BuildPro, Hyphen SupplyPro, Hyphen BidConnect, Hyphen SupplyPro Connect, Hyphen Inspections, Hyphen Storm Water Inspections Management, Hyphen Progress Pay, Hyphen Lien Release, Hyphen Warranty, Hyphen Dashboards, and Hyphen HomeOwner Portal.
To learn more about Hyphen, please visit www.hyphensolutions.com, call Stephen Candy at 972-728-8100 or email.
Questions regarding this press release should be sent to David Deniger via email.
ABOUT BUILDER HOMESITE, INC.
Headquartered in Austin, Texas, Builder Homesite, Inc. (BHI) was founded in 2000 as a consortium of 27 of the nation's largest home builders. With a mission to bring home building industry leaders together to champion and strengthen the industry on a collective level, BHI strives to improve communication and create better solutions for builders, real estate agents and new home buyers. BHI's digital arm, Builders Digital Experience (BDX), offers digital marketing products for builders and real estate professionals. To search the Internet's most comprehensive selection of new homes, go to NewHomeSource.com.
ABOUT NEW HOME TECHNOLOGIES, LLC.
In 2003, BHI founded New Home Technologies, a subsidiary consortium of new home builders and product suppliers, to create Envision, a fully-integrated and standardized online design options management portal. Now New Home Technologies has expanded the Envision brand to include Envision Express, an online showroom that many builders are using as a lead generation tool and Envision Living, a suite of online marketing opportunities.
ABOUT BUILDER HOMESITE, INC. CONSORTIUM
The Builder Homesite, Inc. (BHI) consortium is comprised of the following corporations: Ashton Woods Homes, Beazer Homes, David Weekley Homes, Drees Homes, G.L. Homes, Gateway Homes, Gehan Homes, Highland Homes LTD, J.F. Shea Company, John Wieland Homes, K. Hovnanian Homes, KB Home, Lennar Corporation, Meritage Homes, McGuyer Homebuilders, Inc. (MHI), M/I Homes, Orleans Homes, Perry Homes, The PulteGroup, Richmond American Homes (M.D.C. Holdings, Inc.), William Ryan Homes, The Ryland Group, Standard Pacific Homes, Taylor Morrison, Toll Brothers, Village Homes and Weyerhaeuser Real Estate Company.
For additional information, contact:
Felix Vasquez, Email
John Nygard, Email
972-728-8195
www.skusphere.com
Dallas, Texas
SOURCE Hyphen Solutions, LLC
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