Retaining Profits Amid Margin Compression Todd Drummond What was widely expected has finally happened. Years of very profitable high sales led to vast increases in capacity to meet that demand, but now we have declining sales volume—the classic too much supply versus not enough demand to maintain margins. Some like to call this margin... Read More August 2024 Issue #16301 Page 24
Reliable and Profitable Incentive Programs, Scheduling, and Pricing Todd Drummond Suppose you want an effective incentive program that improves productivity, saves your company labor cost, and rewards your most valued production crews with additional wages. Perhaps you also want to improve the accuracy of your production scheduling that allows for a proper understanding of... Read More August 2021 Issue #13265 Page 32
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... Read More April 2021 Issue #13261 Page 29
Where is Your Focus on Manufacturing? Glenn Traylor Quality, Productivity, and Speed are intertwined and impact each other. Most managers create this Venn diagram in their mind [for image, See PDF or View in Full Issue]. We often hear: “First we need to work on efficiency before we can focus on quality.” “We can’t... Read More April 2021 Issue #13261 Page 39
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... Read More March 2021 Issue #13260 Page 47
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
Harnessing Technology for the LBM Industry Paul Dean I’ve been in the lumber and building materials industry for most of my career and have always had an interest in technology. It seems not too long ago when I was running seminars to display this “new thing” called the internet to dealers; at the time, nobody knew what was going... Read More August 2020 Issue #12253 Page 104
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
Lumber Briefs: Always Be Buying Lumber Matt Layman In the day of a CM’s and framer’s life, lumber buying is considered the most enjoyable and easiest task to perform. Buying lumber is a huge ego booster. By your own admission, lumber is 40–50% of the cost of producing the finished product. I find it simply stunning how very... Read More February 2020 Issue #12247 Page 104
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... Read More December 2019 Issue #11245 Page 27