Number of search results: 131
Ten Commandments for Improvement
Todd Drummond
As we all start the New Year, we see the road ahead and the challenges we must face. This is part of the life experience: as time moves forward, markets change, and competition will always try to take what you have built. Many difficulties may look daunting, but with the right attitude, we can...
January 2025
Issue #17306
Page 28
How Investment Bias Can Cost Your Company Millions
Todd Drummond
It appears I may have opened a can of worms with my last article, “A Case Study for Transforming Profits Through Employment Practices.” The article was a summary of the session I led at BCMC, “Case Study —Building Material Supply & Truss Manufacturing.” The...
December 2024
Issue #16305
Page 26
A Case Study for Transforming Profits Through Employment Practices
Todd Drummond
The following is a summary of the seminar I gave at this year’s BCMC show on October 8th, 2024. If your mind is open, I am handing you pure gold to help your company meet the challenges negatively affecting everyone now and in the coming years.
Case Study —Building Material Supply...
November 2024
Issue #16304
Page 26
Automation Worth Considering for the Building Industry
Todd Drummond
Automation within the building industry has been ongoing for decades but at a slower pace than other industries. So, what do we mean by automation? Let’s focus on two types: automation for building estimation and automation for roof truss manufacturing. Both will be discussed at the...
October 2024
Issue #16303
Page 26
Why Are So Many Companies Unknowingly Losing Millions?
Todd Drummond
Millions of dollars are being lost by many companies that don’t recognize they have a problem — Does your LBM company have more than $50 million combined sales? Quantified as a ratio of sales, according to Six Sigma case studies, the cost of poor quality, defined as waste,...
September 2024
Issue #16302
Page 26
Insights and Innovations in Component Manufacturing
Greg Bates
The component manufacturing industry, specifically of roof and floor trusses, is undergoing significant transformation. To delve deeper, we spoke with Todd Drummond, a seasoned expert and long-time consultant with extensive knowledge and experience in the field of truss manufacturing. You can...
September 2024
Issue #16302
Page 88
Retaining Profits Amid Margin Compression
Todd Drummond
What was widely expected has finally happened. Years of very profitable high sales led to vast increases in capacity to meet that demand, but now we have declining sales volume—the classic too much supply versus not enough demand to maintain margins. Some like to call this margin...
August 2024
Issue #16301
Page 24
Maintaining Successful Project Management Communications
Todd Drummond
We can all learn from companies that have the best-in-class project management communication systems in the construction industry. Whether it is builders, LBMs, or component manufacturers, all have one thing in common regarding project information processing. There seem to be almost countless...
July 2024
Issue #16300
Page 24
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...
June 2024
Issue #16299
Page 22
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...
May 2024
Issue #16298
Page 24
The Sales Team’s Number One Time-Wasting Activity
Todd Drummond
When it comes to the sales team, the very group that provides the lifeblood of the entire company, there is often one blind spot for wasted efforts. Why do so many companies allow their sales team to jump through so many hoops to find need-to-know-right-now information? Why must the sales...
February 2025
Issue #17307
Page 28