Todd Drummond

Costly Errors from Lumber, Leadership, HR, and BF/Man-Hour

Todd Drummond

The new 2021 build season is upon us, and everyone seems to be excited about the 2021 opportunities that seem apparent with the robust build economy. Many companies had their most profitable year in 2020, yet others struggled, stating that commodity pricing and covid were their major negative...

#13261 Cover image
April 2021
Issue #13261
Page 29
Ben Hershey

Find the Hidden Costs in Your Operation

Ben Hershey

There are several companies both in and outside of our industry who really understand costs. It is not some academic classroom “let someone teach me from the boardroom” but hands-on experience in knowing what their costs are in their operation. In the building industry, we think we...

#13260 Cover image
March 2021
Issue #13260
Page 30
Todd Drummond

Theory of Constraints with a Practical Truss Design Solution Example

Todd Drummond

Theory of Constraints (TOC) is not often clearly understood, and it can be confused with Just in Time (JIT). Below is a simplified explanation with some examples about TOC that many should be able to relate to their operations. TOC is an offshoot of lean manufacturing principles. Every...

#13260 Cover image
March 2021
Issue #13260
Page 47
Todd Drummond

Insider’s Secrets for the Buying/Selling of Component, Modular, and LBM Companies

Todd Drummond

Our industry has been changing in a big way. Independents once dominated our industry, but now through mergers and acquisitions, that is no longer the case. Right now, some of the people reading this article are either contemplating or in actual talks about selling their business. From...

#13259 Cover image
February 2021
Issue #13259
Page 31
Ben Hershey

Rise to Operational Challenges

Ben Hershey

            Last month’s article, Change Impact, talks about what impact changes at your company will have this year. Well, after 2020 and the challenges we faced, especially for the operations-intensive companies in our industry, it...

#13259 Cover image
February 2021
Issue #13259
Page 46
Ben Hershey

Change Impact

Ben Hershey

Goodbye 2020 and Welcome to 2021!!! Our business world has been changing fast, especially this past year, and we continue to move forward through complex issues and how best to provide our goods and services to our customers within the building industry and beyond. But what...

#13258 Cover image
January 2021
Issue #13258
Page 28
Todd Drummond

Hazards with Some Advisements for New Investments

Todd Drummond

When looking for new opportunities for improvements in your operation, it is quite natural to ask for advisement from outside your company to give you a better perspective. Who you should trust to help you take your company to higher performance is not as clear cut as it may appear. Costly...

#13258 Cover image
January 2021
Issue #13258
Page 45
Todd Drummond

Waste, Inefficiencies, and Defects of the Project Communication Process

Todd Drummond

Think beyond the physical investment of trucks, equipment, and buildings when it comes to investments for improving the bottom line for 2021. If a company wants to improve the net profits, improving the project communication process can add serious dollars to the bottom line. Most companies...

#12257 Cover image
December 2020
Issue #12257
Page 29
Ben Hershey

A Renewed Focus for 2021

Ben Hershey

The importance of making changes for Offsite Manufacturing For some it seems like this past year, 2020, has been either a waste or was put on pause. There have been numerous challenges in our businesses, politics, the economy, our homes, and many more all disrupted by the Covid pandemic that...

#12257 Cover image
December 2020
Issue #12257
Page 44
Ben Hershey

Fight the Management Drift

Ben Hershey

Many of us started 2020 with resolutions/goals both for ourselves and our businesses, but then our year was turned upside down with the Covid worldwide pandemic and other issues such as lumber prices topping highs we thought we would never see. While many LBM/component businesses are working at...

#12256 Cover image
November 2020
Issue #12256
Page 26
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