Todd Drummond

Change Your Pricing Formula for 2018 and Make More Net Profit

Todd Drummond

Let us assume that you are having problems with a truck’s transmission and it must be repaired or replaced. The local mechanic explains the hourly rate for service and that the cost of any parts needed to fix the transmission is extra. The hourly charge he is billing is to cover his...

#10222 Cover image
January 2018
Issue #10222
Page 30
Ben Hershey

Skills Play a Vital Role in Lean Management

Ben Hershey

Part 8 in our TIMWOODS Series Our journey through the various waste topics in Lean brings us to the final letter in our series on TIMWOODS: Skills. Many companies, managers, and supervisors forget when improving their operations to look at their team and review how their skills are being...

#10220 Cover image
November 2017
Issue #10220
Page 44
Todd Drummond

Production Scheduling Problems?

Todd Drummond

There is nothing like the scheduling of orders to bring out the worst in people. Timely delivery of orders naturally creates a division between salespeople on one side of the issue and production on the other. Management normally plays the role of referee, with a tendency to favor the...

#10216 Cover image
July 2017
Issue #10216
Page 24
Todd Drummond

Three Practical Ideas for Better Margins and Net Profits

Todd Drummond

Too often a repeated mantra within our industry is that everyone sells components at too-low margins. The blame is always on the other guy, meaning the competitor, for selling at a lower margin than what should be market pricing. Well, what can your company do to raise margin pricing? During...

#10215 Cover image
June 2017
Issue #10215
Page 24
Todd Drummond

Design, Sales, and Admin Labor Shortages? – Give Them More Time by Automating Your Communications!

Todd Drummond

The call for more designers, salespeople and just about every other admin personnel is getting louder by the day. There are not enough hours in the week to meet sales demands. What if you could provide your team with tools that would give them more time? This way, you could save money by having...

#10213 Cover image
April 2017
Issue #10213
Page 26
Todd Drummond

Off–site Designing and Sales: The Three Biggest Obstacles

Todd Drummond

What once was frowned upon has now become very common. Off-site designing and off-site sales individuals or teams can be a very good way to expand your company’s capabilities. The biggest driver of its emerging acceptability is the fact that the pool of talent is larger when looking...

#10211 Cover image
February 2017
Issue #10211
Page 24
Joe Kannapell, PE

The Last Word: Sales Lessons from the Election

Joe Kannapell, PE

Watching Trump versus Clinton taught us some lasting lessons in sales. We witnessed the classic competitive duel – two large organizations (political parties) raising loads of money to hype their national brands (the candidates themselves) to make the sale (win the election) on November...

#10210 Cover image
January 2017
Issue #10210
Page 85
Mark Mitchell

How to Conduct a Tour of Your Building Product Plant That Will Grow Your Sales

Mark Mitchell

I have been on many building product plant tours. Most of them are not very effective and are really missing an opportunity to gain new customers and more sales. Why Most Plant Tours Are Not Effective Plant tours are too often taken matter of factly and not as a serious marketing tool....

#09209 Cover image
December 2016
Issue #09209
Page 77
Joe Kannapell, PE

The Last Word: Where is the Truss Business Headed?

Joe Kannapell, PE

At BCMC, we learned that a recession often follows a presidential election, but that housing may not be much affected this time (per Mark Vintner of Wells Fargo). Many of us shrugged this off, especially after observing the brisk sales activity on the show floor, though our past experience...

#09208 Cover image
November 2016
Issue #09208
Page 75
Todd Drummond

Finding the Time to Make Improvements in Any Area of a Company

Todd Drummond

An often repeated statement made by many managers this year has been that they do not have enough time or people to accomplish their stated goals, so in other words, they face time constraints. These time constraints are causing delayed improvements in processes, which negatively affect every...

#09207 Cover image
October 2016
Issue #09207
Page 20
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