BuildCore Retail Group — Operations Plan

The supply chain and procurement, distribution and logistics, the regional rollout sequencing, inventory management, the unit store economics, human capital and the quality, safety and compliance framework.

BuildCore Retail Group Business PlanSection 8 › Operations Plan

Section 8 · Business Plan

Operations Plan

The supply chain and procurement, distribution and logistics, the regional rollout sequencing, inventory management, the unit store economics, human capital and the quality, safety and compliance framework.

8.1 Supply Chain & Procurement

Procurement is centralised to aggregate volume across the network and
secure manufacturer rebates and direct-delivery arrangements. The Group
negotiates framework agreements with cement, steel, timber, roofing and
hardware suppliers, while multi-sourcing key categories to manage
supplier power and import-price volatility. Goods flow through regional
distribution centres that consolidate inbound volumes and replenish
stores on efficient delivery cycles.

8.2 Distribution & Logistics

Two regional distribution centres are commissioned across the plan,
supported by an owned-and-contracted logistics fleet. The distribution
backbone is deliberately built ahead of the store network to protect
availability and working-capital efficiency. Logistics costs are managed
toward 3.2–4.0% of revenue, declining with scale and route density.

The distribution model is hub-and-spoke. A primary distribution
centre anchors the highest-density region (Gauteng) from inception,
consolidating inbound manufacturer volumes and serving stores on fixed
daily and weekly replenishment cycles. A second regional centre is
commissioned as the network extends into KwaZulu-Natal and the coastal
corridor, reducing line-haul distances and protecting in-stock rates.
Bulk, low-value-density lines such as cement, sand and aggregates are
increasingly drop-shipped direct from manufacturer to store under
framework agreements, reserving distribution-centre capacity for
higher-value, multi-line replenishment.

Logistics metric Year 1 Year 3 Year 5
Distribution centres 1 2 2
Stores served 16 46 84
Fleet (owned + contracted) 14 40 74
Logistics cost (% of revenue) 4.0% 3.6% 3.2%

Table 8.1 — Distribution and logistics scale-up.

8.3 Regional Rollout Sequencing

The network is rolled out region by region rather than thinly across
the country, so that procurement, distribution and brand presence reach
efficient density in each catchment before the next is opened. This
sequencing tracks the geographic concentration of the housing backlog
and mass-market demand, and keeps logistics line-haul economics tight as
the footprint grows.

Region Entry Year 5 stores Rationale
Gauteng Year 1 32 Largest catchment & backlog; anchor DC
KwaZulu-Natal Year 2 20 Second-largest backlog; coastal corridor
Western & Eastern Cape Year 3 16 Urban growth & renovation demand
Limpopo & Mpumalanga Year 4 10 Underserved peri-urban & rural nodes
North West, Free State & N. Cape Year 5 6 Selective infill of viable nodes

Table 8.2 — Phased regional rollout sequence
(indicative).

8.4 Inventory Management

Inventory is managed to a target of 55–62 days, balancing
availability against working-capital efficiency. AI-assisted demand
forecasting, real-time inventory visibility and disciplined range
management drive turnover and reduce shrinkage and obsolescence.
Fast-moving core lines (cement, blocks) are prioritised for
availability, while slower lines are managed centrally.

8.5 Unit Store Economics

The single store is the fundamental building block of the model, and
its economics are benchmarked against listed mass-market peers. A
BuildCore store is designed to reach maturity over its first 18–24
months of trading, ramping from an opening run-rate to a stabilised
mature contribution. The illustrative mature-store profile below
underpins the network-level projections in Section 12.

Mature-store metric (illustrative) Value
Annual revenue per mature store R38–R42 million
Gross margin ~26%
Store-level operating costs (% revenue) ~15–16%
Store-level EBITDA margin ~10–11%
Average transaction value (blended) R700–R760
Maturation period to stabilised run-rate 18–24 months
Indicative store fit-out & equipment capex R9–R11 million

Table 8.3 — Illustrative mature single-store economics.

Because new stores open through the year and take time to mature, the
average trading-store revenue across the network sits below the mature
run-rate in the early years and rises toward it as the cohort seasons —
a dynamic reflected explicitly in the revenue build of the financial
model.

8.6 Human Capital

The Group scales its workforce in line with the store network,
reaching a headcount that supports a national operation by Year 5. The
organisational structure spans retail operations, logistics and
warehousing, procurement, finance and administration, IT and digital,
and management. Recruitment is phased to align with store openings, with
structured training programmes (“the BuildCore Way”) ensuring consistent
service and operational standards.

Department Year 1 Year 3 Year 5
Retail operations 430 980 1,560
Logistics & warehousing 150 300 560
Procurement 30 60 90
Finance & administration 45 85 130
IT & digital 25 45 70
Management 20 35 55
Total headcount 700 1,505 2,465

Table 8.4 — Indicative human-capital build-out by
department.

8.7 Quality, Safety & Compliance

BuildCore maintains rigorous standards for product quality,
occupational health and safety, and regulatory compliance, including
supplier compliance checks to exclude substandard imports that pose
safety risks. Store and warehouse operations adhere to applicable South
African health, safety and environmental regulations.

Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of BuildCore Retail Group.