Todd Drummond

Retention and Staffing of Employees

Todd Drummond

If you are a manufacturer who desires high efficiency with high-quality products and services for your customers, then you know you need good employees to deliver them. Many claim that employees are the most important part of their business. So, it should not be a shock that poor productivity...

#16299 Cover image
June 2024
Issue #16299
Page 22
Craig Webb

CS150 Reveals Biggest Revenue Drops at Dealers Since the Great Recession

Craig Webb

You have to go back to the Great Recession 15 years ago to find as many LBM dealers reporting sales declines as we had in 2023. But the reasons are far different, and so are the consequences. Three-quarters of the companies constituting the 2024 Construction Supply 150 reported revenue drops...

#16299 Cover image
June 2024
Issue #16299
Page 72
Geordie Secord

Design Connections: Profitability Metrics and Margin Dollars

Geordie Secord

In the busy world of prefabricated components, there are three conflicting metrics that owners and managers look at to determine operational performance – board feet of lumber, sales dollars, and margin dollars. I’ll start with what I believe is likely the most common but also the...

#16299 Cover image
June 2024
Issue #16299
Page 92
Todd Drummond

Increase Profits and Lower Labor Costs with an Effective Incentive Program for Every Group

Todd Drummond

Too many get caught up in believing that any additional pay to employees is inherently costing the company more and should be avoided at every turn. If you believe this is the case, there is something you are overlooking. What may be lost is that when the total volume (productivity and sales) is...

#16298 Cover image
May 2024
Issue #16298
Page 24
Steve Shrader

Revolutionizing EWP Processing: The Hundegger TURBO-Drive II All-in-One Saw Solution

Steve Shrader

In the evolving landscape of engineered wood product (EWP) processing, Hundegger is setting new standards with an innovative solution that seamlessly merges software and hardware capabilities. The Hundegger TURBO-Drive II represents more than just a piece of equipment; it is a comprehensive saw...

#16297 Cover image
April 2024
Issue #16297
Page 50
Craig Webb

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,...

#16296 Cover image
March 2024
Issue #16296
Page 98
Todd Drummond

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...

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February 2024
Issue #16295
Page 24
Valerie Hansen

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...

#16294 Cover image
January 2024
Issue #16294
Page 64
Valerie Hansen

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...

#15292 Cover image
November 2023
Issue #15292
Page 72
Todd Drummond

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...

#15291 Cover image
October 2023
Issue #15291
Page 27
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