Number of search results: 124
Truss Labor Time Standards for MiTek MVP™ and Other Programs
Todd Drummond
I have heard the same thing many times over and over. People want a better method of understanding truss manufacturing labor efficiencies, but they use the same flawed units of measurement they have always used.
“Todd, I’ve been in this industry for decades as a ‘fill in the...
July 2016
Issue #09204
Page 20
Killing the Messenger – Self-Proclaimed Industry Expert Consultant
Todd Drummond
On behalf of all the self-proclaimed industry expert consultants (SPIEC) in the component manufacturing (CM) industry, I would like to state a rebuttal to a published article “Confusion is Starting to Confuse Me” written by Carl Schoening in the May 2016 issue of The Advertiser....
June 2016
Issue #09203
Page 18
Three Million Plus per Build Table
Todd Drummond
Did you know that it is possible to achieve greater than $3 million in sales on one build table, even with severe seasonal fluctuations causing winter sales to be nonexistent? I define a build table as one build group of three to four assemblers building roof trusses. Did you know an automated...
May 2016
Issue #09202
Page 16
Effective Incentive Programs for Every Group
Todd Drummond
Many would agree that it is wise to implement an effective incentive program (IP) that actually increases productivity and lowers costs. However, very few companies actually have implemented such an effective IP, especially one that affects every group within an organization (including...
April 2016
Issue #09201
Page 16
Truss and Wall Component Manufacturing for a Lumberyard – Pros and Cons
Todd Drummond
Many lumberyards still do not have their own wood truss and wall panel manufacturing as part of their offerings to their contractors but are contemplating whether this might be a good investment. There are pros and cons to this type of big investment; if you have been doing any research, you...
March 2016
Issue #09200
Page 12
Solving the Information Breakdowns in Your Company
Todd Drummond
Do you think that some of your competition has a competitive advantage because their sales teams are processing projects via the Web on tablets? If they are able to start and/or update any project information, find the current stage of any task and also review any project’s schedule, all...
February 2016
Issue #09199
Page 20
Overcoming Obstacles and Profiting with a New Perspective
Todd Drummond
Industry’s averages for net-profits-to-sales ratio:
Below average – 0% to 9%
Average – 10% to 12%
Common to see – 13% to 19%
High return more common than most know– Greater than 20% (No B.S.)
Do you know how well your company did in comparison to...
January 2016
Issue #09198
Page 20
Increasing Net Profit While Sacrificing Labor Efficiencies?
Todd Drummond
Sometimes we lose focus of the main goal of creating more net profit for the company by focusing too much on one aspect of our business. Too often individuals focus too much on perceived labor efficiencies while limiting their overall capacities. Does reducing labor cost always produce more net...
December 2015
Issue #08197
Page 11
Simple Truths for the New Year
Todd Drummond
Lean manufacturing principles help people break through their mindset by helping people challenge what they perceive is an absolute. Beside equipment upgrades, how long has your group been doing what they are doing without any changes or refinements to the methods in other areas besides the...
January 2017
Issue #10210
Page 24
A Critical Part Missing from Six Sigma and Lean Practices for Most Companies
Todd Drummond
It has taken many years, but the component industry has finally caught onto the practices of lean manufacturing and applied them to truss and wall manufacturing. An example is the huge turnout at the sponsored seminars by Todd Drummond Consulting at the 2016 BCMC show of “The Path of Least...
December 2016
Issue #09209
Page 22
Stop Wasting So Much Time Trying to Find Up to Date Project or Department Information
Todd Drummond
It is an all too common problem for too many managers and sales staff; hours are spent wasting so much time trying to find up-to-date information for any given project being processed by the company. Ask yourself one simple question. How much time each day do you spend looking for information...
November 2016
Issue #09208
Page 24
Finding the Time to Make Improvements in Any Area of a Company
Todd Drummond
An often repeated statement made by many managers this year has been that they do not have enough time or people to accomplish their stated goals, so in other words, they face time constraints. These time constraints are causing delayed improvements in processes, which negatively affect every...
October 2016
Issue #09207
Page 20
Bidding Practices that are Just Good Enough Can Cost Tens of Thousands in Additional Net Profit
Todd Drummond
Two very distinct aspects of the bidding calculation could be costing your company tens of thousands of dollars. If you were shown a better bidding method, would you allow your pride to prevent you from testing it and, if it works, taking the time to embrace it to improve your company’s...
September 2016
Issue #09206
Page 18
Incentive Report Payout Options
Todd Drummond
The actual payment to employees for increased performance is truly one aspect that many managers may not understand, especially regarding how to get the most bang for their buck. For example, why give equal dollars to personnel with varying degrees of skills and responsibilities?
This payout...
August 2016
Issue #09205
Page 18