In Q1 2024, Owens Corning ($OC) continued its momentum by expanding its digital tools, enhancing its e-commerce platform, and forging new partnerships to support contractors and dealers. As the construction industry increasingly moved towards more digitalized operations, Owens Corning capitalized on this trend by providing contractors with the tools they needed to work more efficiently.
Advanced Digital Tools for Greater Project Control
Owens Corning introduced several new features to its ProConnect platform in Q1 2024, giving contractors even more control over their projects. One of the standout updates was the addition of a project planning tool that allowed contractors to map out timelines, budgets, and material needs within a single interface. This tool integrated with Owens Corning’s existing product database, enabling contractors to seamlessly source materials as they built out project plans.
Another notable feature was the integration of AI-powered project forecasting, where contractors could input various project parameters and receive recommendations on material quantities, expected costs, and potential timeline delays. These predictive insights helped contractors plan more accurately and avoid costly overruns, further solidifying Owens Corning’s role as a valuable partner in project management.
E-commerce Expansion: Improving User Experience and Accessibility
Q1 2024 saw Owens Corning expand its e-commerce platform with a focus on improving the user experience. The company introduced an optimized user interface on both its web and mobile platforms, making it easier for contractors to search for products, compare specifications, and place orders. The platform also featured enhanced filtering options, allowing contractors to sort materials by category, price, and sustainability criteria.
Additionally, Owens Corning implemented a “quick quote” feature, enabling contractors to receive instant price quotes for bulk orders directly from the platform. This feature helped contractors make faster purchasing decisions, streamlining the procurement process and further driving e-commerce adoption.
Strengthening Supply Chain Resilience Through Partnerships
Owens Corning strengthened its supply chain through strategic partnerships aimed at ensuring reliable material delivery. The company collaborated with logistics providers to improve material delivery tracking, offering contractors more accurate updates on shipment status and estimated delivery times. These partnerships allowed contractors to better plan project timelines and minimize disruptions caused by delayed materials.
Owens Corning also expanded its network of regional distributors, particularly in North America and Europe, to provide contractors with faster access to essential products. By working closely with local distributors, Owens Corning ensured that contractors could source materials quickly and efficiently, further enhancing the contractor experience.
Conclusion
Owens Corning’s Q1 2024 performance reflects its continued dedication to supporting contractors through advanced digital tools, streamlined e-commerce platforms, and strategic partnerships. By focusing on enhancing the contractor experience and improving supply chain reliability, Owens Corning has positioned itself for further growth and success in the construction materials industry.
