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Trimble Introduces Trimble Materials to Enable Construction Material Procurement and Management

1. Trimble launched Trimble Materials for end-to-end purchasing and inventory management. 2. The solution enhances contractors' control over material costs and budget tracking. 3. It integrates with Trimble ERP solutions for efficient operations management. 4. Field and office teams can coordinate materials better, improving operational efficiency. 5. Trimble Materials addresses challenges from volatile pricing and changing tariff policies.

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FAQ

Why Bullish?

The introduction of Trimble Materials strengthens TRMB's competitive position in construction. Similar past innovations have positively affected TRMB's stock performance.

How important is it?

The launch is likely to improve TRMB's market share and revenue, significantly impacting stock price.

Why Long Term?

This software enhancement could drive sustained demand for TRMB's products over time, aligning with industry trends toward digital solutions.

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Expands Trimble Construction One Software Suite to Provide an End-to-End Purchasing, Inventory and Accounts Payable Software Solution , /PRNewswire/ -- Trimble® (Nasdaq: TRMB) announced today the launch of Trimble Materials, an end-to-end purchasing, inventory and accounts payable software solution. It is designed to help contractors gain control over material costs with enhanced budget and inventory tracking. Through its office and mobile applications, the solution connects the office, field teams, warehouse teams and suppliers to centralize and streamline the contractor's entire purchasing and materials management process. "Managing numerous material orders from various suppliers amidst volatile pricing and availability presents significant challenges in the construction sector," stated Lawrence Smith, vice president and general manager of construction management solutions at Trimble. "Trimble Materials offers a cohesive solution by connecting material ordering, inventory and accounting, which is especially valuable in the face of potential changes in tariff policy. This digital streamlining empowers contractors to mitigate risks, control costs and gain a competitive edge in an evolving economic landscape." Connected Construction Ecosystem Trimble Materials integrates with Trimble ERP solutions, including Viewpoint® Spectrum® and Viewpoint VistaTM to provide connectivity for contractors to develop more efficient estimating, operations and accounting management ecosystems. Trimble Materials complements Trimble's existing construction supply chain workflows that automate the exchange of material pricing between suppliers and contractors and facilitate ordering from preferred suppliers. With Trimble Materials, field users can easily search for and request materials, view inventory, record received materials and communicate with the office. Office users, such as project managers and purchasing teams, can more efficiently control, approve and process orders, view inventory, generate RFQs, compare quotes and reconcile invoices. A comprehensive view of these purchasing activities and spend analysis is created in one place. Availability Trimble Materials will be showcased at the CFMA National Conference, May 17-21, 2025. It will be available as part of the Trimble Construction One software suite for North American contractors. More information can be found at: https://www.trimble.com/en/products/trimble-materials About TrimbleTrimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling and data analytics, Trimble enables essential industries including construction, geospatial and transportation. Whether it's helping customers build and maintain infrastructure, design and construct buildings, optimize global supply chains or map the world, Trimble is at the forefront, driving productivity and progress. For more information about Trimble (Nasdaq: TRMB), visit: www.trimble.com. GTRMB SOURCE Trimble WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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