Preparing for the 2021 Build Season Todd Drummond Despite all the turmoil of the skyrocketing lumber prices, pandemic, and elections, the building industry is doing very well. Hopefully, your company is doing very well, and now your attention is focusing on potential growth for 2021. Most companies are looking for modest tweaks to their current... Read More November 2020 Issue #12256 Page 43
Basic Principles for Effective Employee Attraction and Retention Todd Drummond Last month’s article, “Better Profits with Effective Employee Retention and Growth,” got a lot of attention. The labor shortage issues that companies are experiencing, despite the high unemployment numbers, are having a negative impact on many companies’ manufacturing... Read More October 2020 Issue #12255 Page 27
Servant Leadership and One of Our Industry’s Best Ben Hershey I remember it clearly; I was in the Lounge at Portland International Airport when I got a call from Joe Kannapell. Joe was going to be sharing with the MiTek team in the next day that he would be officially retiring at the end of 2020; Joe has been a part of the industry for more than 46 years.... Read More October 2020 Issue #12255 Page 40
Better Profits with Effective Employee Retention and Growth Todd Drummond In the almost 20 years of my consulting services, TDC has witnessed that the highest performing companies with the highest profit as a percentage of sales, generally in the high teens to mid-twenties, are the same companies with very low employee turnover. However, it is far more than just... Read More September 2020 Issue #12254 Page 40
What is Worse than Poor Services? Denial by the Group that has Terrible Services! Todd Drummond Nothing is more frustrating than dealing with poor services by a department within your company or a vendor when you need to resolve a problem or find information on a timely basis. However, what is even worse than the poor services is having that troubled group in complete denial about their... Read More August 2020 Issue #12253 Page 26
Change Your Supply Chain Management with Analytics and Systems Integration Owen Eldridge Relying on traditional supply chain execution systems is becoming increasingly more difficult, with a mix of global operating systems, pricing pressures, and ever-increasing customer expectations. There are also recent economic impacts such as COVID-19, supply shortages, the global recession,... Read More August 2020 Issue #12253 Page 44
The Battle Within Our Operations Ben Hershey Does this conversation sound familiar? “How fast can we reliably supply that component job to our customer?” asks the sales manager. “And don’t make us look like fools by telling me a date that will never be met or is too far out!” “I will tell you how... Read More July 2020 Issue #12252 Page 26
Critical Summertime Repeated Problem Areas Hindering Sales Todd Drummond Year after year, too many companies suffer needlessly with the same common problems. Even after making new equipment investments and receiving assurances that things will be different, the old issues keep rearing their heads. ! Even with the additional equipment investment, production... Read More July 2020 Issue #12252 Page 44
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... Read More June 2020 Issue #12251 Page 24
Change the Way You Lead Meetings and Listen Ben Hershey As a team, we have been providing both in-person and virtual visits for all of our potential and current clients with projects underway. After a recent virtual training week, a company owner called me and told me how much he appreciated that I listened to his team and did not over talk or force... Read More June 2020 Issue #12251 Page 44