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Why is no one measuring the biggest robbers of profit?
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Generations of builders say the advice of the legendary business consultant, now 92 years old, has proved invaluable over the years.
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Banks take their time reselling foreclosures, modifying mortgages, and approving short sales.
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Fear of what the housing market will bring has combined with the credit crunch to throw off normal cycles for lumber purchasing.
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Building material prices have skyrocketed, and builders are bearing the brunt of the increases.
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A new report definitively defines the green interests and investments of prospective home buyers.
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Hottest positions in 2008: purchasing experts, sales directors.
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What happens when you marry the artistry of a custom home builder with the purchasing power and operational efficiencies of a volume builder? Hopefully, a union that will leave these two Orlando, Fla.-based home construction companies in better stead to weather the downturn.
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The recent departure of Paul Dodge, Centex Homes' vice president of purchasing and distribution since 1998, calls attention to the increasing volatility of supply-chain management among big builders that, in several cases, are scaling back and centralizing that function within their operations. Luis Solis, president of Symbius, a supply-chain consultant based in Bloomfield, Colo., observes that many big builders out of necessity must alter how they purchase and receive building products as they reduce their starts dramatically.
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This week, Standard Pacific Homes' 25 divisions in eight states are scheduled to vote online for their preferences of suppliers in several product categories. This is an intermediary step towards Standard Pacific establishing uniform regional assortments for its purchasing agents. This vote represents the latest development in a supply-chain management program, called 1Standard, that Standard Pacific initiated on Jan. 1, 2005, whose goal is to leverage its buying power with suppliers and reduce its costs through strategic sourcing and better training of its purchasing teams.
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It took C.P. Morgan Communities 18 months of research before it chose Charlotte, N.C., as its second home building market. But once it arrived in Charlotte, in January 2005, Morgan was ready to start cranking out houses almost immediately.
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Buildtopia has finally delivered the sophisticated cost control, purchasing, and management features that builders have been looking for in its Web-based system.
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By really listening to recommendations from its suppliers and contractors, tying the company's back-office system to practical business tasks, and focusing on construction quality, Keller Homes in Colorado Springs, Colo., is sure to score well on the J.D. Power ratings every year.
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Four of Canada's leading modular home builders have formed a purchasing organization, the Building Materials Buying Cooperative (BMBC).
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AFTER A RECENT COMPANY SALES meeting, many of our top performers told me that they were spending less time with the purchasing agents at our home builder clients.
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KOREAN MANUFACTURER SAMSUNG has been in the U.S. white-goods business for 20 years
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THE LATEST RELEASE FROM BUILDER MT aims to help home builders run their day-to-day sales, purchasing, and jobsite operations more effectively.
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INSPIRED BY ITS SUCCESS IN pooling purchasing power, a group of Northern Virginia custom builders is helping others start their own purchasing cooperatives.
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IT'S TOUGH LOVE, HOME building style. While many builders will start construction before all the materials are bought, figuring they'll finish the purchasing details later, one family-owned builder has a strict policy against doing just that.
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Use these tips for a FAST implementation: