Number of search results: 110
Oakland Athletics Baseball and Component Manufacturing?
Todd Drummond
Anyone who knows me to any degree will tell you I am not a sports fan. I do not follow any professional sports or know much about the players and culture. So it may surprise you to have me compare component manufacturing (CM) to baseball. To be honest, I mean to compare the management practices...
April 2020
Issue #12249
Page 53
Too Many LBM-Owned CMs are Operating at a Mediocre Rate
Todd Drummond
An anonymous former lumberyard CEO of 17 lumberyard locations (LBM) explained to me that his two component manufacturing (CM) plants made up only 10% of his sales yet contributed 30% of his net profits. He wished he had given the CM division far more focus and resources.
As a guru for process...
March 2020
Issue #12248
Page 51
Possible 30 Days Savings for the Home Builder Using Wall Panels
Todd Drummond
Did you know that, even though setting wall panels saves an average of eleven days compared to traditional stick-framing of walls, the overall home completion can have an average savings of 30 days when wall panels have been used? For the home builders, every day a home is completed sooner can...
February 2020
Issue #12247
Page 29
Look Beyond Manufacturing Improvements to Deliver Better Net Profits for 2020
Todd Drummond
Even though the new build season of 2020 is expected to be a good one for most, it likely will be more challenging to retain net profits than many anticipate. Most component manufacturers (CM) have been buying equipment and expanding their operations like crazy. Also, new money has flooded into...
January 2020
Issue #12246
Page 51
Small Investments Can Garner Huge Gains for Productivity for Your Sales Team
Todd Drummond
Last month’s article, “Investment in Employee Training, Not Just Equipment,” produced a lot of good responses from many readers. Now it is time to offer real solutions to help your company improve productivity and reduce costly errors for your sales team and also all of the...
December 2019
Issue #11245
Page 27
Investment in Employee Training, Not Just Equipment
Todd Drummond
Is your company’s budget only for new equipment, but no formal training for your employees? Any time you think about investing for productivity gains, often the first thing that comes to mind is investing in new equipment. All too often, we think we see the situation clearly and can make...
November 2019
Issue #11244
Page 47
Countdown to BCMC—Activities, Exhibits, and People to See
Anna Stamm
October has arrived, which means BCMC 2019 is nearly here. For the week of October 21, the annual Building Component Manufacturers Conference (BCMC) will be packed full of activities for attendees. From meetings and workshops, to athletic events, to social functions, and of course the show...
October 2019
Issue #11243
Page 24
The Vast Majority of Component Plants Have Too Much Lost Productivity
Todd Drummond
People make the common mistake of thinking that if they have been doing something for a long time, occasionally have made improvements over the years, and they are working hard and consistently, then they are doing it the best way possible. But the truth is, approximately 80% of truss and wall...
October 2019
Issue #11243
Page 28
Vendor Loyalty and Sales Pitch Can Lead You Astray
Todd Drummond
The BCMC trade show is fast approaching. This trade show, which is held each year, is a great opportunity for you and your team to step outside of your comfort zone to challenge and expand your current beliefs of both equipment investments and vendor services. Just be mindful that sometimes it...
September 2019
Issue #11242
Page 47
Two Common Mistakes Cost At Least 2-3 Points of Net Profit Every Year
Todd Drummond
Most, if not all, are now caught up in the summer building season to make serious money for their component divisions. However, far too many companies are allowing tens of thousands of dollars to be lost because of commonly accepted bad practices. Practices such as using non-precise labor...
August 2019
Issue #11241
Page 24
Three Conditions for Smarter Margin Application to Make Healthier Profits
Todd Drummond
Establishing a proper margin to maximize profits for your roof truss component sales is not as easy as most people think. Most do not have a clear understanding of how small changes make a significant impact on the company’s profitability. Making the most profits possible, no matter what...
June 2020
Issue #12251
Page 24
Rethinking a Linear Saw Linked to Two Workstations
Todd Drummond
It seems some people are upset that I made such a public statement with my latest advertisement – “Pairing a Linear Saw with Two Workstations with Each Having Two Assemblers will Cost Your Company Millions in Lost Net Profits.”
Specifically, I’m talking about linking...
May 2020
Issue #12250
Page 48
Will Automation Always be a Distant Dream for Modular Housing?
Gary Fleisher
Recently I heard, once again, a speaker supporting total automation of the modular production process while comparing modular housing with automobile production lines.
Let me put this to rest for hopefully the last time. Modular housing is not anything like the auto industry. There are two...
December 2019
Issue #11245
Page 84