Vendor Loyalty and Sales Pitch Can Lead You Astray
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...
Top 10 Bookkeeping Mistakes to Avoid
To say I was surprised that almost 80% of all small independent home builders, both site and offsite/modular, build less than 4 homes a year is an understatement. That means that only 20% of all small builders in the US build more than 4. Who knew!
If your business falls into the 80%,...
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...
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...
The Hiring Zone:
Just a couple of years ago, I went back to the commercial modular/classroom/mobile office plant where I had my first GM job in the ’80s. I was 27 then, am much older now, but one thing hasn’t changed much, technology. The stations had the same kind of equipment, home build when...
Lumber & Housing Market Forecast
Eurowood and SYP…the Future!
It’s times like the last couple of weeks in SPF-W, when buyers get taken by surprise, and they have one question for sellers. “How you gonna help me?”
Two weeks ago, I warned that SPF mills were about to spring surprise, imminent...
The Last Word:
The Second Wave of Automation?
Are we seeing the onset of a wave of CM automation or is this déjà vu all over again? Are other CMs following the startups chronicled earlier on these pages: Blueprint Robotics (May 2017) or Katerra (Feb 2018)? Big money is driving it, the big wigs are behind it, and high tech machines are...
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...
Expect Margins and Lead Time to Decrease in Most Markets
Many of us have been in the industry long enough to clearly remember the pain of the ‘08 crash. Before the crash, everyone was very optimistic about their own growth potential because the building economy was on fire, which gave everyone a reason to expand their manufacturing capacity like...
Lumber Procurement Professional vs. Lumber Buyer
Undoubtedly, many people are now thinking: Is there a difference between a lumber procurement professional and a lumber buyer? I am a Lumber Procurement Professional. I’ve been around the business since I was 15 years old and now I’m 64 (you can do the math). I have worked as a buyer...