CASE PRESENTATION OPTIMIZING THE OPERATIONS OF SNAP & BUILD CO. AND REVAMPING THE PREFAB INDUSTRY THE CRIMSON CONSULTANTS CONSULTANT ON CASE: Md Imran Hansraj College, University of Delhi PREFAB INDUSTRY OVERVIEW Analyzing the current landscape of the Indian prefab industry by growth, competitor analysis, market concentration, growth op portunities and their potential impacts on market Prefab Industry is going to grow rapidly….. +13% CAGR Competitors Matrix Growth Drivers in Prefab Market Growth drivers Low Impact High SUSTAINABILITY High Low Sustainability and Cost Effectiveness Low High Low High Rapid Urbanization Low Medium High CUSTOMIZATION Remote Locations & infrastructure development Low High Affordable Housing & Govt. Initiatives 2023 2029 Low Market Concentration Consolidated – Dominated by major players Analysis of Potential Opportunities & Threats S. NO THREATS 1 Shift to Sustainability in the market Unavailability of skilled labor 2 Prefab workspaces for construction sites Lack of proper financing for projects 3 Building info. modelling & 3DPC Legal complexities and licensing 4 Rise of disaster relief centers Relatively high market saturation 5 Low investment maintenance Unavailability of suitable project land Indian Prefab Market Fragmented– Competitive without major players OPPORTUNITIES SUPPLY CHAIN OPTIMIZATION Optimizing the supply chain management through various recommendations like collaborative logistics, Inventory tracking, 3 -D printing, and other insightful recommendations Collaborative Logistics Scenario Planning Develop contingency plans for different shortage scenarios, outlining alternative materials or production adjustments Capitalizing on existing third party vendors and quick commerce platforms. Planning and collaborating with 3PL and the partner companies to enhance the strategy WAREHOUSE SHARING Having short-term commitment in newly explored areas Eliminates the burden of fixed costs Zone Based Pricing Implementing a zone-based pricing system based on distance from a fulfillment center. This can incentivize customers closer to stores Building Information Systems BIM integrates all construction disciplines improving design collaboration between engineers & prefab manufacturers Crisis Management for Shortage Establishing Prefab componentsharing platforms to utilize materials during shortages and crisis times Adapting to seasonal fluctuations Blue Link ERP ERP software for collaborative logistics Tiny Home Communities Partner with landowners to create communities featuring mini prefabricated homes catering to affordable housing needs RFID Tagging IoT Sensors Track inventory movements, monitor shelf life, and prevent stockouts or overstock situations . CPFR Approach to Optimize Supply Chain Collaboration Planning Forecasting Replenishment 3-D PRINTING SOLUTIONS ➢ Pilot project for 3-D printing for small, non-structural technology like decorative walls ➢ Partner with research institutions like NIEIT, Aurangabad to further enhance the technology use ➢ Focus on niche applications like complex geometrics for comparative advantage DIVERSIFICATION STRATEGIES Optimizing the supply chain management through various recommendations like collaborative logistics, Inventory tracking, 3 -D printing, and other insightful recommendations Leasing Revenue model for Snap & Build Co. Recommended areas for expansion in new markets Gurugram Jaipur Vishakhapatnam Coimbatore ➢ Market Growth Rate:- The modular home leasing market is going to grow with a CAGR of 7% during 2023-28 showcasing potential for the future. ➢ Flexible Lease Terms:- Snap & build co should consider having flexible lease terms with its clients for the start due to the relatively newer concept in the industry to attract new customers. ➢ Differential Lease Terms:- Understanding the needs of the client and offering specifically catered lease terms for short-term and long-term clients with varied needs ➢ Products For Leasing:- Snap & Build co should consider leasing its existing product base along with pilot projects for newer concepts like modular classrooms, dormitories, and healthcare facilities Accessing dwelling Units (ADU’s) expansion Kochi Crimson and New Service Offerings Streams Prefab Construction Consulting Maintenance & Rep-air services ➢ Unique Value Proposition:- “SNAP AND SPACE” this UVP emphasizes the ease and speed of installation with pre-fabricated modules and the additional living space an ADU provides ➢ Target Audience:- Homeowners with extra backyard space, families needing additional living space, potential for rental income generation ➢ Home Shows & Events:- Participate in home shows, garden expos, and relevant events to showcase SnapBuild ADUs and connect Design Build with potential customers ➢ Pre Designed ADU’s:- Offer a variety of sizes and layouts to cater to Packages diverse needs and backyard space limitations. APPENDIX (1/1) 1. https://www.mordorintelligence.com/industry-reports/india-prefabricated-buildings-industry Prefab Industry Market 2. https://www.nestin.co.in/ https://www.saint-gobain.co.in/ https://www.everestind.com/ https://www.mahindra.com/ourbusiness/real-estate https://www.vogue.com/living/homes Links used for competitor matrix 3. https://www.linkedin.com/pulse/india-prefabricated-buildings-market-top-rgcfc/ Growth Opportunities in Indian Prefab industry 4. https://iopscience.iop.org/article/10.1088/1755-1315/1101/4/042017/meta SWOT analysis of Indian prefab market 5. https://epiprodux.com/blog/modular-house-builder-boosts-profit-with-gaming-console-business-model/ New revenue stream idea 6. https://www.mdpi.com/2075-5309/12/1/40 A quick research for understanding supply chain management in the Prefab industry 7. https://www.linkedin.com/pulse/supply-chain-concerns-modular-industry-haiden-lamb/ Learning about some supply chain concerns in the industry 8. https://forum.unity.com/threads/what-are-the-best-practices-for-prefabs-with-variable-components.182354/ More about prefab component sharing platforms 9. https://www.linkedin.com/pulse/building-future-3d-printing-prefab-construction-arcaligned-qq5zf/ 3-D printing technology for Snap and Build Co. 10. https://www.linkedin.com/pulse/why-lease-modular-buildings-Kristin-marino-1e/ Leasing opportunity for Snap and build https://www.linkedin.com/pulse/benefits-collaborative-logistics-small-large-/ More on collaborative logistics and it’s relevance for the prefab industry 11. https://www.prefabex.com/our_galleries/prefab-ADUs-accessory-dwellingunits#:~:text=Prefab%20ADUs%20(Accessory%20Dwelling%20Units)%20Redefined%3A&text=Prefab%20ADUs%20are%20b uilt%20off,to%20traditional%20on%2Dsite%20construction. More insights on Accessory Dwelling Units (ADU’s)
