Number of search results: 125
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
Advance Your Career and Earnings By Learning From Mistakes We Are All Prone to Make
Todd Drummond
Each generation has to learn all the life lessons either through their own mistakes or the counseling of the older generation. The vast majority of us wish not to repeat the same mistakes and, if possible, avoid them altogether. If you wish to avoid embarrassment, whether you are new to being an...
April 2024
Issue #16297
Page 24
Straight Talk About Labor Shortages and Costs
Todd Drummond
I have had the same conversations with so many executives concerning the tight labor market and rising labor costs. There is good and bad news concerning this subject. First, the good news is that you can be assured that high labor costs and a tight labor market are not only affecting your...
March 2024
Issue #16296
Page 24
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...
February 2024
Issue #16295
Page 24
Mistake-Proof Your Process with Must-Have Communication Features
Todd Drummond
Last month’s article, Continuous Improvement (Kaizen) for Enhancing Performance to Ensure ROI Retention, is a natural lead-in to Poka-Yoke. In lean terminology, roughly translated from Japanese, Poka-Yoke means to mistake-proof the process. A more accurate translation could be...
January 2024
Issue #16294
Page 24
Continuous Improvement (Kaizen) for Enhancing Performance to Ensure ROI Retention
Todd Drummond
Over twenty years ago, I struck out to help companies improve their operations through best practices based on lean manufacturing and industrial engineering practices. Helping hundreds of companies improve their operations has been an extremely rewarding experience. After all of the 35 years I...
December 2023
Issue #15293
Page 24