Todd Drummond

A Stable and Proficient Workforce is Key to Best-in-Class Profits

Todd Drummond

Last month’s article, “Record-Breaking EBITA Exceeded Mid-Twenties for Many Component Manufacturing for 2021,” mentioned a key factor of making best-in-class profits: the highest performers have very low employee turnover and vacancies. Creating a stable and proficient...

#14271 Cover image
February 2022
Issue #14271
Page 35
Edmond Lim, P.Eng.

Threading the Needle with a High Rise Lumber PickLine

Edmond Lim, P.Eng.

February means different things to different people – Valentine’s Day, the Super Bowl, Family Day (in Canada) – but to me, February is also the anniversary of my most complicated and challenging installation. What’s more, the installation was completed in the middle of...

#14271 Cover image
February 2022
Issue #14271
Page 54
Todd Drummond

Record-Breaking EBITA Exceeded Mid-Twenties for Many CMs for 2021

Todd Drummond

Last year should have been a record profit year for wood truss and wall panel component manufacturers (CM). Many of my clients have mid to upper-twenties EBITA. A few made it to the mid-thirties of their total sales. Yet, so many find this hard to believe. Too many believe mid to high teens for...

#14270 Cover image
January 2022
Issue #14270
Page 35
Todd Drummond

How to Lose Millions of Profits with Linear Saws and Two-Person Crews

Todd Drummond

There has been a big push to reduce labor. In response, more than one equipment vendor has suggested that component manufacturers (CM) should purchase linear saws directly tied to roof gantry tables. The idea is simple: fewer crew members and more automation to increase efficiencies and reduce...

#13269 Cover image
December 2021
Issue #13269
Page 35
Todd Drummond

Get Free Answers to Your Most Pressing Problems

Todd Drummond

Would you like unbiased advice for problems that your company is facing right now? If so, visit The Minute Clinic! At BCMC Omaha, stop by Booth 315, where our Minute Clinic will give you Free Answers to the most pressing problems you may have. Together with Tony Misura of the Misura Group...

#13267 Cover image
October 2021
Issue #13267
Page 37
Todd Drummond

Solve The Most Pressing Problems with A Different Mindset

Todd Drummond

Chronic employee staffing shortages can be a blatant sign that a company’s employment practices need improvement. One should be very hesitant to blame external forces beyond a given reasonable period. Too many companies are simply blind to their overall company’s poor employee...

#13266 Cover image
September 2021
Issue #13266
Page 37
Todd Drummond

Reliable and Profitable Incentive Programs, Scheduling, and Pricing

Todd Drummond

Suppose you want an effective incentive program that improves productivity, saves your company labor cost, and rewards your most valued production crews with additional wages. Perhaps you also want to improve the accuracy of your production scheduling that allows for a proper understanding of...

#13265 Cover image
August 2021
Issue #13265
Page 32
Todd Drummond

CM Equipment Purchasing Do’s and Don’ts

Todd Drummond

Understanding the do’s and don’ts for component manufacturing (CM) equipment purchasing (wood trusses and wall panels) can save or waste your company 100’s of thousands of dollars at the time of purchase and long after. Everyone knows the building economy is on fire, so it...

#13264 Cover image
July 2021
Issue #13264
Page 33
Todd Drummond

True Leadership

Todd Drummond

There are so many challenges leaders face within our industry today that are ever-changing and, quite frankly, unprecedented. Whether your position of leadership is overall, departmental, or team level, the challenges are never-ending. Too often in our industry, people are in a position of...

#13263 Cover image
June 2021
Issue #13263
Page 29
Todd Drummond

Not Enough Time is No Excuse

Todd Drummond

The building industry is once again on fire, and too many are stating, “I don’t have enough time” all too often. If your group is always talking about needing more people, equipment, and time, improving time management would undoubtedly benefit you. Improving time management...

#13262 Cover image
May 2021
Issue #13262
Page 29
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