Two Common Mistakes Cost At Least 2-3 Points of Net Profit Every Year
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...
The Hiring Zone:
Bonus Plan or Performance Plan—Is One Strategy Better?
The goal is the same for both a bonus plan and a performance plan—reward an employee for performance. The higher the position, the more defined are the goals. Not many bonuses that are consistently over $10k are subjective. It can’t be about how well departments out of your control...
Offshoring and Outsourcing—Lessons from a Personal Journey
How did this Australian component manufacturer become involved in offshoring? It started with a trip to Vietnam in 2004, and it ended much differently than I would have expected!
I had been operating my company in Australia, Truss-Rite, for 16 years, selling prefabricated wall framing and...
You’re Only As Strong As Your Weakest Link
Being only as strong as your weakest link is not only true in sports but also on the production line, whether we are talking about people or equipment. Diagnosing the slowest and least efficient point in any production line is key to having a successful and profitable manufacturing...
Measure the Tempo of Your Operation
My wife Dianne and I were recently going through some of our old family photos and I came across this photo of Dianne’s Dad, Jack Hendershot, as a teenager on his bike delivering ice in the early ’50s. For those who may not know, before the advent of refrigeration and freezing...
How Your Plant Can Benefit From a Spida Extruder Wall Panel Framing Line
Powered by people, a manual line in an average component plant is composed of a rough opening station, a subcomponent station, a framing station, a squaring station, and a sheathing station. In the configuration, typically 8 people are on this line, and 1000 LNFT of output is the average goal...
Do Connectors on Both Sides of a Truss Ever Need to be Placed Exactly?
Once in a while, I’m asked—Is there ever an occasion when connectors on both sides of the truss need exact placement? Well, the answer might surprise you. There are, in fact, several situations where the top face connector and the bottom face connector need to be exactly...
Empower Your Team to Success
When I recently started some restructuring work for a client, I saw a sign posted on the wall. As shown in the image [see PDF or View in Full Issue], it took a sad approach to giving 100% at work.
How many of the associates on our teams show up to work on Monday with this attitude and energy...
The Hiring Zone:
Hiring Zone & JobLine: Two Industry-Specific Hiring Options
When it comes to finding the right industry-experienced person to fill a key role, like a designer or plant manager, you have several options. You can DIY and network with employees and industry contacts, engage a recruiter, or place ads and screen candidates internally. I can’t speak to...
An Effective Productivity Incentive Program for Truss Manufacturing
It is possible to give your shop employees a raise and actually achieve more capacity through greater productivity and make more net profit for your company by implementing an effective productivity incentive program. However, most of the incentive programs (IP) that are touted in the component...