It’s been almost a month since our annual meeting.
In case you didn’t know, all LBM Journal employees work remotely. We have 6 people in Minnesota, 2 in Tennessee, 1 in Florida, and 1 in Wisconsin.
It was so fun to see each other last month. The next time we’ll all be together is in October for LBM Strategies, and we hope to see you there too! 🤩
#buildingmaterials #buildingsupplies
Salaried Sales Position
Some companies wrestle with choosing a compensation structure for their salespeople.
At LBM Strategies 2023, Scott McMillan, co-owner of Walker Lumber & Supply, shared what led them to make a change in their compensation structure and how they did it.
Network with and learn from other pros at lbmstrategies.com.
The workforce is evolving, including the preferences of younger generations.
This challenge will again be addressed at this year’s Strategies Conference.
Learn from a panel of this industry’s 40 under 40 members and from other LBM pros during roundtable discussions.
Go to lbmstrategies.com
Hiring and retaining talent was a big topic of discussion at last year’s Strategies conference.
David Qualls, Regional Sales Manager for PARR, shared what PARR is doing to combat the problem of inadequate training and keep their employees.
Learn successful business strategies from experienced LBM pros at the LBM Strategies Conference. Go to lbmstrategies.com.
#buildingmaterials #buildingmaterialsupplier
The Importance of Training
Hiring and retaining talent was a big topic of discussion at LBM Strategies 2023.
David Qualls, Regional Sales Manager for PARR Lumber, shared what PARR Lumber is doing to combat the problem of inadequate training.
Visit lbmstrategies.com.
#buildingmaterials #LBM #buildingmaterialsupplier
Closed Sponsorships
Don't miss the premier educational and networking conference serving our industry. Go to lbmstrategies.com to register.
Thank you to all our registered sponsors and attendees. We are excited to see you in Costa Mesa, CA!
#LBM #buildingmaterials #buildingsupply #lumberyard
With more than 70 years in operations, Louws Truss Inc. is no stranger to innovation.
Having begun work with the company at the start of the Great Recession, President BJ Louws said finding innovative ways to increase efficiency has been key to staying afloat and at the forefront of the industry.
In 2022, Louws Truss debuted its new robotic roof truss assembly plant, one of only a handful in the U.S. The company plans to debut a second robotics line in the future.
Thank you LMC for sharing this video. Louws Truss has been an LMC member since 2006.
Read more: https://lbmjournal.com/family-owned-business-building-toward-the-future/
Madison Wood's Phased Retirement Program
A chronic challenge in the LBM industry is its aging workforce.
Madison Wood Preservers, Inc. President, Kari Gaviria, shared and answered questions about their phased retirement program at last year's conference.
A program like this provides support for both incoming employees and retiring ones.
Visit lbmstrategies.com.
Negotiation Advice
In his talk at LBM Strategies 2023, "Exit Strategies 101: Evaluating the Options," Jim Sobeck shared useful negotiating strategies that helped him get top dollar when he sold New South Construction Supply.
Go to lbmstrategies.com.
Supplying in Build Phases
The housing shortage is a scheduling problem, not a labor problem.
Preston Feather Building Centers is committed to shortening build cycles. The way they do this is by working more closely with their builder customers to schedule jobs before breaking ground.
Find the full talk on our YouTube channel and go to lbmstrategies.com to register for this year's conference for more business building strategies.
#buildingmaterials #buildingsupplies #LBM
Earning The Trust of Your Team
Acquiring a business comes with many challenges, including earning the trust of your new team.
Join us for more conversations like this one at LBM Strategies 2024.
Visit lbmstrategies.com.
Featured: Ray Hayles, Co-Owner of Walker Lumber & Supply.
#buildingindustry #buildingmaterials #lumberyard #buildingmaterialssupplier #leadership
Attracting Gen Z
Benefits like flexibility and remote working are attractive to Generation Z.
What benefits have you seen valued by this younger generation?
Featured: Jenny Vasquez, VP of Human Resources at Kodiak Building Partners at LBM Strategies 2023.
#buildingmaterials #buildingmaterialsupplier #genz
Gen Z Values Purpose
Gen Z's passion and drive is closely related to the purpose they draw from their work.
Communicate your values and you will attract young people with similar goals.
What's your mission?
Featured: David Qualls, Regional Sales Manager for PARR Lumber at LBM Strategies 2023.
Gaining Insight from Others
It's impossible to understand every implication of our actions.
Working closely with a team can expand our understanding, helping us make informed decisions while simultaneously increasing the unity of our businesses.
Featured: John Perna, President at Hamilton Building Supply
Asking for your team's thoughts and ideas not only makes them feel valuable and encourages collaboration, but can give you significant insight into different divisions in your company.
Join us in Costa Mesa, CA this October for LBM Strategies 2024 to collaborate and learn from the experiences of other leaders in the LBM industry. Register before June 30th and receive $200 off your admission price https://lbmstrategies.com.
Featured: Kari Gavira, President of Madison Wood Preservers, Inc.
A global pandemic like COVID-19 can bring many lessons if you let it.
Walker Lumber & Supply had to pivot, like many of us, but found this gave way to a new operation.
LBM Strategies is where the success of LBM leaders is celebrated and shared with others.
Send us a direct message about your struggles. We want to bring speakers on stage that can help solve your challenges.
https://lbmstrategies.com
#lbmstrategies #buildingmaterialssuppler #lumberyard #innovation
Mergers and acquisitions are hot in the LBM industry,
But they can also be difficult.
That's why we invited speakers to share their experiences at last year's LBM Strategies conference.
What topics do you want discussed at this year's conference? Shoot us a message!
#lbmstrategies #buildingmaterialsupplier
The purpose of a leader is to serve your team because when your employees are flourishing, your business will too.
Several members of the 40 under 40 answered this question at the 2023 LBM Strategies Conference, an event for industry pros to not only learn but to be inspired.
What are the struggles you experience that you want discusses at LBM Strategies 2024? Reach out and let us know!
#lbmstrategies #leadership #buildingmaterialsupplier
Credit is a difficult yet VITAL aspect of your business to manage. That’s why we invite Thea to talk at LBM strategies.
Thea will be sharing as either a speaker or roundtable host at this years conference!
#buildingmaterials #creditmanagement #lbmstrategies2024
With GRK Fasteners’ new AugerBolt Through Bolt Fastening System, you can now drill the installation hole and install through bolts in one simple step.
#buildingmaterials #buildingmaterialsupplier
