LBM’s Pace of Deals Hasn’t Slowed But Fewer Yards Are Involved Craig Webb Year-to-date, the construction supply community has had 97 deals made by 50 buyers. At this same point in 2021, Webb Analytics counted 102 deals by 50 buyers. So much for predictions of a slowdown in M&A in 2022. What’s different is the size of the deals: A total of 255 yards have... Read More October 2022 Issue #14279 Page 106
Four Commonly Held Practices That Cause Companies to Lose Millions in Net Profits Todd Drummond These four commonly held practices within the component industry (wood truss and wall panels manufacturing) are actually causing millions in lost profits. None of these practices should be acceptable, and all are correctable. Is your company ready to make lean manufacturing continuous... Read More September 2022 Issue #14278 Page 24
Here is What Happens When Continuous Improvement is More than a Slogan Todd Drummond As a change agent for lean manufacturing best practices, it is extremely satisfying when I see a company embrace best practices despite their challenges. Too often, it is stated, “we (I) cannot implement or do the suggested improvement practice because _____” from so many claiming to... Read More August 2022 Issue #14277 Page 22
Capital Investments are Not Going to Be Enough When the Party is Over Todd Drummond The article I published in April, Record CM Building Industry Net Profits are Coming to an End Sooner Than Most Believe, predicted that the construction industry would start seeing negative market changes around August of this year. Wow, was I right about calling that one? The continued... Read More July 2022 Issue #14276 Page 28
5 Tips for Surviving Stagflation Craig Webb When one of housing’s biggest optimists changes his outlook, attention must be paid. Stephen Kim, senior managing director and head of Evercore ISI’s Housing Research Team, had declared in September 2020 that housing had entered a Golden Age. But that changed on June... Read More July 2022 Issue #14276 Page 96
Three Simple Truths for Attracting and Retaining Talented Employees Todd Drummond Is your company having problems finding good employees to fill all the needed positions within your company? Are you thinking wage inflation is getting out of hand? Perhaps you should look at it from a different perspective. Multiple case studies have shown that companies with low employee... Read More June 2022 Issue #14275 Page 29
Record CM Building Industry Net Profits are Coming to an End Sooner Than Most Believe Todd Drummond What a ride it has been for the vast majority of the component manufacturing (CM) for wood trusses and wall panels in North America the past few years. The demand for new homes outpaced the supply capacity of most homebuilders and those who suppy them. This record-breaking rate of building... Read More April 2022 Issue #14273 Page 35
TrueBuild® Batch – Every Minute Counts Tracy Roe Our industry is experiencing unprecedented times. Never before has production capacity been at such a premium. We have seen different markets get active in the past but nothing like this. Right now in the United States, manufacturers can’t keep up with the demand for metal plate connected... Read More April 2022 Issue #14273 Page 48
Building Transformative Supply Chain Management Relationships I am, or was, an off-site construction manufacturing turnaround guy. I believe in Lean and 6-Sigma in concept, but I also know that implementing them within a company is hard. Not allowing people to slip back into their old ways is even harder. Many programs go by the wayside once management... Read More April 2022 Issue #14273 Page 78
Millions of Dollars for New Equipment and Building Investments are Being Wasted Todd Drummond Expanding the manufacturing capacity within the component manufacturing (CM) industry for wood trusses and wall panels is at a fever pitch. The overwhelming majority of CMs have the same limited capacity issue trying to keep up with sales, which led to excellent record-breaking sales volumes and... Read More March 2022 Issue #14272 Page 35