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... Read More June 2024 Issue #16299 Page 22
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... Read More June 2024 Issue #16299 Page 72
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... Read More June 2024 Issue #16299 Page 92
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... Read More May 2024 Issue #16298 Page 24
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... Read More April 2024 Issue #16297 Page 50
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