Money Hides Many Sins (Waste) Todd Drummond A trending DIY post shows a long sequence of nail holes alongside a wall-mounted TV with a caption that says, “I knew that stud was in there somewhere.” Meant to be a humorous poke at the times when we’ve attempted new projects, it reveals how sometimes we might not have been... Read More February 2023 Issue #15283 Page 24
Dependability in an Uncertain Environment Tracy Roe The most popular outlook for 2023 that I have heard is uncertainty. Nobody has a clear picture of what the new year will bring for our industry. Large investments have been made in talent, equipment, and infrastructure to capitalize on the increased demand over the past two years. What about... Read More February 2023 Issue #15283 Page 42
TrueBuild® Batch – Time Is Money Tracy Roe Now more than ever, every process, every motion, literally every minute counts for a component manufacturer. The saying “Time Is Money” couldn’t be more true in our industry. Ultimately, a component manufacturer is simply selling time. They are selling the value they add to raw... Read More January 2023 Issue #15282 Page 19
Don’t Be Blind to Simple Truths for the 2023 Build Season Todd Drummond An article written and published by Russ Kathrein on LinkedIn, “The Eyes See What the Brain Believes,” struck a nerve for me. In summary, the statement “believe it when I see it” is more often than not false. As someone who has made a living assisting others for over... Read More January 2023 Issue #15282 Page 26
Proof That Even the Largest Wood Truss CMs are Not Immune to Losing Tens of Millions of Dollars with Outdated Reporting Todd Drummond Despite the fantastic profits these past few years, some of the largest wood truss component manufacturers (CM) are losing tens of millions of dollars hidden in plain sight. Talk to any of the executives at these CMs, and they will be able to rattle off the EBITA or other P/L results, yet they... Read More December 2022 Issue #14281 Page 26
Creating Capacity Through Efficiency Tracy Roe With today’s high-demand market conditions, capacity is everything. Capacity constraints are widespread across our industry and have been for a while now. Many have added the capacity they can afford in the form of additional equipment. Some have been fortunate enough to add labor to... Read More December 2022 Issue #14281 Page 46
Supply Chain Optimization Rob Bellian With the COVID-19 virus still a live threat, the state of the disruption to supply chains continues to be severe as a number of regions and economies emerge into a very different world. As everyone in business knows, supply chains are critical to supplying goods and services quickly, safely,... Read More December 2022 Issue #14281 Page 64
Through Buying, Selling, and Closing Yards, Dealers are Revealing Their Strategies Craig Webb ABC Supply is going to Canada. Lowe’s is leaving it. SRS Distribution continues to diversify. Builders FirstSource is right-sizing its company in advance of America’s expected home-building slump. And US LBM is still hungry for truss plants. These are among some of the strategic... Read More December 2022 Issue #14281 Page 106
Having a Plan for Tomorrow Tracy Roe The Greek philosopher Heraclitus is credited with the origin of the phrase, The only constant in life is change. This couldn’t be more true in the world we live and work in today. Whether we are enduring labor shortages, a global pandemic, material shortages, input cost increases, or an... Read More November 2022 Issue #14280 Page 44
Design Connections: Are We Selling Trusses or Lumber? Geordie Secord It is common for truss plants to be owned at least in part by a lumber yard. This relationship should, at least in theory, provide for a great business relationship. The lumber yard can focus on relationships with the builders, home owners, and developers knowing that they have a dedicated... Read More October 2022 Issue #14279 Page 98