Lean
Manufacturing Consulting
And also Collaboration with a...
Financial
Advisory &
Private
Equity Firm
Services for
the Automated
Wood Truss & Panel Components Industry
- 50+ Consultations
- 24 Years in the
Automated
Building Industry
- 9th Year in
the Consulting Business
Normal Net Profit Gains are 3 to
6 Points! Some see as much as a
9 to 12 point gain!
All
Departments Addressed During Consult
- Manufacturing, Design, Sales &
Administration
- 50% of consult is the manufacturing and 50% is
all other departments
- Present, Near and Future Needs
- All Suggestions are based on company goals
Truss
Manufacturing Time Standards
- (R.E., S.U. & Man-Minutes also known as
Houlihan Method)
- Proper Production Efficiencies
- Proper Pricing of Trusses
- Proper Scheduling of Production
Lean
Principles Explained and Demonstrated
- Tailored for the Component Manufacturing
Industry
- Proven and Practical Methods of Increasing
Efficiencies
- Includes Theory of Constraints
- Opportunity Cost & Pricing Principles
Market
Opportunities
- Evaluation of current sales practices
- Suggestions for additional sales
See
my web page “Consultation”
for the details.
Collaboration with...
Todd
Drummond Consulting LLC. is now collaborating with a private equity
investment, and financial advisory ("merchant banking") firm
specializing in the building
products and construction industry.
This firm has
a well earned reputation for honesty and integrity that is
already
established within the building products and construction industry.
References and testimonials are offered upon request.
Debt
Advisory & Placement
Debt Advisory & Placement Practice advises middle-market
building industry
companies in the restructuring and/or refinancing of existing loans and
in the
sourcing and optimizing of terms on new senior, mezzanine and/or other
debt
capital. In today's difficult financing environment, they will bring
the added
horsepower and deep lending contacts to get you the cheapest cost of
capital.
(Minimum $2 million; U.S. and Canada)
Mergers
and Acquisitions Advisory
Mergers
& Acquisitions Practice is an advisory firm focused
exclusively on the building industry. Their practice provides
advisory services to owners and acquirers of middle-market building
industry companies, primarily with $25 million to $500 million in
revenues, in connection with a wide range of critical strategic and
financial transaction-related matters. They foster long-term
relationships with clients as their independent advisor on strategic
matters and transactions such as mergers and acquisitions,
recapitalizations, restructurings, equity and debt capital raises and
other transaction-related matters.
(U.S. and Canada)
Private
Equity Capital
Providing equity capital, $10mm to $100mm per transaction, to (i)
owners of
private
U.S. building industry companies for purposes of growing their
businesses organically or through buy-and-build acquisition strategies,
(ii) owners seeking liquidity and/or a transition of ownership
in
their business to the next generation or management team via a
recapitalization or sale, and (iii) proven executives and
management teams to support them in building their own business via
management buyout or acquisition of a platform business. (U.S. Only)
See
my web page "Financial" for the details.
- The easiest and most inexpensive truss labor
tracking program available!
- No Pre-Scheduling of orders
- No Pre-Scheduling of employees
- Any order or shop employee can be logged into
any workstation at any given time for maximum flexibility!
Inexpensive...
- ½ the normal pricing of plate providers’ truss
labor tracking software cost
- No Setup & Installation Fees
- Use Existing Shop Computers
I can help you
expand
your capabilities, reduce your existing cost or start a new wood
building component manufacturing facility.
Using
the best of the North American automated housing
manufacturing industry has to offer and combining it with lean
manufacturing
principles, I can provide you with the highest knowledgeable expertise.
Since the formation of my
consulting service I have performed consulting work for numerous
companies and individuals in the automated building industry
domestically and internationally.
I have reviewed new and
existing businesses to assess how they can be improved, developed
business plans, feasibility studies, performed strategic planning and
performed hands on manufacturing and management work for a variety of
clients. All clients found my services provided net profit gains.
I
am an expert in helping you avoid making mistakes that will cost you
tens of thousands of dollars. Whether you are an existing or
a
potential new manufacture you should not make the classic mistake of
equipment vendors talking you into new or used equipment to improve
your operation without first getting a lean consultation.
Your
first investment should always be sound advice from a lean expert with
decades of knowledge in the automated building industry. Unbiased and
honest advice you will be able to use to improve your bottom
line. You will be pleasantly surprised at the results you can
achieve once you implement the suggested changes.
See
reference
page on website for statements by general managers and owners
about services.
See
my web page
“Consultation”
for the details.
R&K Building Supplies,
Phoenix AZ
Chad Coons – President
The
Phoenix construction market has been hit hard by the downturn in the
housing industry. Like every other truss company in the area,
we
have tried to ride out this bad economy by downsizing and cutting every
possible expense we could think of—including wages and office
overhead. As the 1st quarter 2011 ended, it was apparent that
all
the cuts and internal adjustments were still not enough to affect a
positive outcome. We realized it was time for a drastic change, or we
would need to get out of the wood truss business all
together.
We
hired Todd Drummond’s consulting services, thinking that a professional
looking in from the outside could help us with some ideas on improving
our operations and further cost controls. What we actually got was
that—plus a lot more.
The
ideas for changing the way we process the work orders from sales right
through production were quite enlightening. The list of changes needed
was long and, frankly, we were a little skeptical at the results Todd
promised. We have been building wood trusses for decades, but
Todd showed us many common-sense changes in procedure and flow that we
have not been doing. Once he explained all the lean
manufacturing
rational, my team of people had to agree that he was right on the mark
in every area. We are very appreciative for the many specific ideas and
practices he suggested implementing to adjust to our current market
needs. The savings potential is surprising and well worth the time and
cost invested in his services.
What
really surprised me was that not only did he talk about operational
practices but he also provided sound advice on creating better market
opportunities and other revenue streams. Phoenix is a tough
market to say the least, but he showed us there are opportunities we
were not exploiting and gave practical advice on how to do just that. I
will not go into detail, but I will say he was far more helpful than
just reducing our operational expenses. Now, we are very focused and
hopeful about our future.
Published
articles in national trade magazine - Automated Builder...
(Click links for articles)
Testimonial
for Consulting Services…
Terra
Nova Trusses…
We felt the time was right to have a person like Todd gi
ve us an
independent assessment of our entire operation. We were struggling with
labor estimations on certain jobs, and Todd implemented the proper Time
Standards for us to follow, which would allow us to be more precise on
job costing.
We discussed and received advice on the implementation of a marketing
strategy, quality control, an incentive program, performance
appraisals, and the principles of lean manufacturing.
Todd has laid the foundation for our company to be a leader in our
industry and improve our bottom line. I would not hesitate to recommend
Todd to others in our field.
Denis and Frank Galway, Owners, Terra Nova Trusses Ltd, Mount Pearl,
NF Canada
See
reference
page for statements by general managers and
owners about services.
Testimonial
for Consulting Services…
Fabco Building Components...
Since
the
founding of
FABCO in 1978, my family and
I have witnessed and been a
part of the evolution of the truss industry. One tends to develop the
attitude that you know what is best for your business since, after all,
you built it from the ground up. The reality is that you are operating
in your own busy little corner of the world.
Todd
brought to the
table a broader perspective, inviting us to question and compare our
procedures with what he has witnessed in the industry as a whole. This
led us to affirm some of our practices and change many others,
resulting in a significant improvement in productivity.
We are
excited to move
forward with the measurement and comparison of our productivity to the
labor standards provided by Todd. We feel that our relationship with
Todd has had a positive influence on our company. I would strongly
encourage others to make what we have found to be a wise investment.
Dan and Terry Tontarski,
Owners, Fabco Building Components, Watertown N.Y
See
reference
page for statements by general managers and
owners about services.