Deals Report 2023: Tracking the Openings, Closings, and Acquisitions Craig Webb The construction supply industry saw high lending rates and a relative lack of big transactions result in 22% fewer deals involving 2.6% fewer locations in 2023 vs. 2022. There also were 10% fewer buyers, with several big players barely present. But greenfield openings, while down 5% from 2022,... Read More March 2024 Issue #16296 Page 98
Big Changes are Coming to Our Industry Todd Drummond The winter months are normally the time to make changes to your processes within your area of influence. Depending on how your company is structured for decision-making, your influence and actions to stay competitive in the face of ever-increasing challenges will determine the long-term... Read More February 2024 Issue #16295 Page 24
Creating Your Own Commodity Market Performance Measures Valerie Hansen If you haven’t considered BuyMetrics yet, I have one more reason for you to check it out in 2024 – our new Commodity Analysis and Visualization Module. This new module will give BuyMetrics’ clients the power to control their own market analysis and measure their own... Read More January 2024 Issue #16294 Page 64
ROI: Turn Your Largest COST (Lumber) into a Profit Driver Valerie Hansen Lumber is mission-critical to every component manufacturer (CM). On average, it represents two-thirds of your cost-of-goods (CoG), roughly half of the value of your product (Revenue – Pretax Profit). So, what are the market dynamics that surround the purchase of lumber? And how/why can CMs... Read More November 2023 Issue #15292 Page 72
TDC’s Educational Session on Component Manufacturing Operations Todd Drummond If you were unable to attend my educational session at BCMC, Component Manufacturing Should Not Be Operated as an LBM Supplier by TDC, or if you attended and still have questions, I invite you to download the presentation, now available as a PDF. During the presentation, we discussed what... Read More October 2023 Issue #15291 Page 27
What Makes a Good Salesperson? Landon Boucher Some might say what makes a good salesperson is the results they deliver. In fact, I imagine this may be the most common response. I suppose I would have to agree, but I do think it matters greatly what results we are measuring. Are we merely considering revenue generated that can be directly... Read More October 2023 Issue #15291 Page 84
Component Manufacturing Should Not Be Operated as an LBM Supplier Todd Drummond As an industry veteran who has attended BCMC for many decades, I’m very pleased to be presenting an educational session on Tuesday, September 19th at 1:00 pm — Component Manufacturing Should Not Be Operated as an LBM Supplier. In this session, I will call upon my 20 years of... Read More September 2023 Issue #15290 Page 26
CS150 Shows Revenue Gains Dropped, Big Differences Persisted Between Lumberyards, Home Centers, Specialty Dealers Craig Webb Dramatic falls in lumber prices caused America’s biggest sellers of building materials to record in 2022 less than half the revenue gain they achieved the year before, Webb Analytics’ latest Construction Supply 150 (CS150) reveals. The group, which arguably accounts for two-thirds... Read More June 2023 Issue #15287 Page 86
Will ‘Too Little, Too Late’ Define Your Company? Todd Drummond Building history facts: Before the 2008 financial crash, there were about 2,100 wood truss and wall panel component manufacturing (CM) companies across North America. The vast majority of the locations were independently owned and operated. When the worst of the effects of the recession finally... Read More May 2023 Issue #15286 Page 27
A Message of Caution to New Component Manufacturers Todd Drummond This message is for the new component manufacturers (CM) who have recently and will shortly be entering the component manufacturing industry for wood trusses or wall panels. First, welcome to the industry – it is very rewarding, but I must caution you about this new endeavor. It is not for... Read More April 2023 Issue #15285 Page 25