Builders Market Secunda is part of the large group of companies that fall under the Iliad Africa banner. Many companies such as Ferreiras, National Tile Traders, Tiles and Decor Mart, Cicitwood, Chipbase, Thorpe Timber Company, Buchel and Design Hardware are few of the companies acquired by Iliad.Divisional cluster operate through 57 outlets, covering the boards, ceramics, ironmongery, lighting, equipment hire, timber and wholesale segments of the industry. The wholesale cluster, in turn, includes, hinges, draw slides, bathroom fittings and timber.The general building materials division markets a comprehensive range of products, primarily sourced locally, to customers that include major development and construction groups and DIY enthusiasts.General building materials is Iliad's largest contributor, accounting for approximately two-thirds of Group turnover and gross profits. The division markets a comprehensive range of general products from 58 stores.Procurement has long been one of Iliad's core skills and remain a cornerstone of this division's competitive advantage. Procurement is negotiated at divisional level and driven by operational management.Under the Group strategy, aimed at buiding enduring supplier partnerships, preferred partners are determined and reviewed each quater to accommodate both market conditions and performance. Iliad benefits from a stable panel of reputable suppliers and enhanced buying power, while suppliers benefit from steady volumes. Given that most of the Group's general building materials are sourced locally, strategic procurement is essential to protect Group margins.
