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The Softwood Forest Products Buyer - March/April 2024

Get the latest softwood industry news in the Softwood Forest Products Buyer! This issue features stories on the FenceTech 2024 convention, the NAHB International Builders' Show and the NKBA Kitchen & Bath Show, Prime Lumber Products, lumber shipping trends and much more.

Get the latest softwood industry news in the Softwood Forest Products Buyer! This issue features stories on the FenceTech 2024 convention, the NAHB International Builders' Show and the NKBA Kitchen & Bath Show, Prime Lumber Products, lumber shipping trends and much more.

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WHO'S WHO - MUCK<br />

Continued from page 2<br />

heads DMSi’s biennial customer conference, PartnerConnect. He is active in the<br />

North American Wholesale Lumber Association as a member of committees and<br />

“10 groups.”<br />

Muck is a graduate of the University of Nebraska-Omaha. He and his wife,<br />

Katie Muck, have two sons, Sebastian and Oliver and two daughters, Laila and<br />

Stella. In his free time, Muck enjoys golf, hockey and cheering on his kids at all of<br />

their games and competitions.<br />

For more information visit www.dmsi.com. n<br />

WHO'S WHO - QUANE<br />

Continued from page 2<br />

ogy advancements.<br />

Quane was recently brought on board at PTJ after spending 25 years in the<br />

commercial business sector. His most recent position before joining PTJ was at<br />

REC Silicon, located in Moses Lake, WA, a polysilicon manufacturing company.<br />

Quane graduated from the University of Idaho as an electrical engineer and<br />

went on to practice at engineering technology companies for 15 years before moving<br />

into the commercial business sector.<br />

d<br />

#1 Inventory Management Profit Strategy:.<br />

Stock No More Than Needed to Properly Service Demand<br />

This practice is crucial to profitability. Here’s why:<br />

• Every<br />

• Every day day that that excess inventory is is owned, it it is is either either costing costing interest on on borrowed money, money, which which<br />

increases expense, or or it it is is preventing the the earning of of interest on on owned owned money, money, which which decreases<br />

income. Whether capital is is borrowed or or owned, excess inventory is is always eroding profitability.<br />

• Let’s say a yard has sales volume of 110,000 BF/month. If brought in all at once by car, the inventory<br />

• Let’s say yard has sales volume of 110,000 BF/month. If brought in all at once by car, the inventory<br />

can<br />

will<br />

turn<br />

turn<br />

once<br />

once<br />

a month<br />

month.<br />

if<br />

But<br />

needs<br />

if metered<br />

are correctly<br />

in by truck<br />

projected.<br />

in 27,500<br />

But if<br />

BF<br />

metered<br />

increments<br />

in by<br />

at<br />

truck<br />

one load<br />

in 27,500<br />

per week<br />

BF<br />

as<br />

increments at one load per week as actually needed, that inventory will turn 4 times per month –<br />

actually needed, that inventory will turn 4 times per month – and tie up only 1/4 as much cash.<br />

and tie up only 1/4 as much cash.<br />

• Now suppose this yard pays for a car 10 days after it ships and it takes 3 weeks to deliver. It paid for<br />

• Now suppose this yard pays for the car 10 days after shipment and delivery takes 3 weeks. It paid for<br />

times the inventory it needed, and won’t see any of it for 11 more days. But if it buys by truck with<br />

4 times the inventory it needed, and won’t see any of it for 11 more days. But if it buys by truck with<br />

quick delivery, every stick can be sold before the invoice even comes due. In fact, three truckloads<br />

quick delivery, every stick could be sold before the invoice even comes due. In fact, three truckloads<br />

would be sold this way before the car could even have arrived, and using only 1/4 as much cash.<br />

could be sold this way before the car could even have arrived, again using only 1/4 the capital.<br />

• This strategy dependably multiplies turns and GMROI, dramatically improves cashflow, cuts carrying<br />

• This strategy dependably multiplies turns and GMROI, dramatically improves cashflow, cuts carrying<br />

costs<br />

costs<br />

and<br />

and<br />

frees<br />

frees<br />

up<br />

up<br />

both<br />

both<br />

capital<br />

capital<br />

and<br />

and<br />

space<br />

space<br />

for<br />

for<br />

more<br />

more<br />

profitable<br />

profitable<br />

use.<br />

use.<br />

Margins<br />

Margins<br />

are<br />

are<br />

maintained<br />

maintained<br />

through<br />

and<br />

market<br />

downside<br />

moves<br />

risk is<br />

and<br />

virtually<br />

downside<br />

eliminated<br />

risk is significantly<br />

regardless of<br />

reduced<br />

market<br />

because<br />

moves because<br />

the inventory<br />

the inventory<br />

is turning<br />

turns<br />

faster<br />

faster<br />

than<br />

price<br />

than price<br />

changes<br />

changes<br />

can affect<br />

can affect<br />

its value.<br />

its value.<br />

<strong>The</strong>re’s<br />

<strong>The</strong>re’s<br />

less inventory<br />

less inventory<br />

to count,<br />

to count,<br />

and stock<br />

and stock<br />

stays<br />

stays<br />

fresher,<br />

fresher,<br />

too.<br />

too.<br />

Maximize your profit with this safe and efficient strategy.<br />

Call Idaho Timber for highly-mixed trucks and just-in-time delivery.<br />

Quane and his wife, Jill, live on a homestead where they garden and keep<br />

bees. He also enjoys woodworking and making furniture. Quane and his wife<br />

have three children, Austin, Audrey and Lauren.<br />

For more information, visit www.pawtaw.com, email david@pawtaw.com or<br />

call 208-449-4950. n<br />

WHO'S WHO - ROSS<br />

Continued from page 2<br />

Ross attended the University of British Columbia where he studied Wood <strong>Products</strong><br />

Processing.<br />

Ross enjoys hockey and golf. He has been married for four years to Tripti.<br />

San Group is a member of Western Red Cedar Lumber Association, North<br />

American Wholesale Lumber Association, BC Wood and the Program for the<br />

Endorsement of <strong>Forest</strong> Certification.<br />

For more information, call Ross at 604-355-6548, email addison@sangroupinc.com<br />

or visit www.sangroupinc.com. n<br />

WHO'S WHO - CAPPETTA<br />

Continued from page 2<br />

profiles and a custom coatings facility, in a variety of thicknesses and lengths<br />

or ripped to custom specifications. <strong>The</strong>y also offer other species: Southern Yellow<br />

Pine, Western Red Cedar, European<br />

Spruce and Incense Cedar.<br />

All of the EWP that they offer is<br />

provided in NELMA grades and<br />

patterns, along with many proprietary<br />

and custom grades.<br />

Robbins Lumber offers<br />

endmatching, pre-finished/primed<br />

products, HT capacity, clean<br />

bandsawn/fresh resawn, various<br />

rougherheads (including original<br />

rustic), live edge siding and log<br />

siding.<br />

Cappetta has been with Robbins<br />

Lumber since May 2023 and<br />

has been in the lumber industry<br />

since 2015. Her first job in the<br />

industry was administrative sales<br />

support with Pleasant River<br />

Lumber, where she entered Spruce<br />

and Pine orders. When Pleasant<br />

River Lumber’s Pine mills were<br />

acquired by Robbins Lumber, she<br />

stayed on in the wholesale Pine<br />

sales.<br />

Robbins Lumber is a member<br />

of Northeastern Lumber Manufacturers<br />

Association, North American<br />

Wholesale Lumber Association,<br />

Northeastern Retail Lumber<br />

Association and Maine <strong>Forest</strong><br />

<strong>Products</strong> Association.<br />

For more information, call 207-<br />

206-7350, email ncappetta@rlco.<br />

com or visit www.rlco.com. n<br />

A PRIMARY PRODUCER OF PREMIUM<br />

PRODUCTS FROM LOG TO LUMBER<br />

Partap <strong>Forest</strong> <strong>Products</strong> now operates both sawmilling and reman facilities to produce the<br />

highest quality Western Red Cedar and Pacific Hem-Fir products available. As a primary<br />

producer we control all aspects of production to ensure the highest value is extracted from log<br />

to lumber, producing more than 110 million board feet annually.<br />

(800) 654-8110<br />

FOR MORE INFORMATION ON OUR FULL<br />

RANGE OF PREMIUM PRODUCTS, CONTACT<br />

P: (604) 463-1525<br />

E: sales@partap.ca<br />

PARTAP.CA<br />

Page 30 <strong>Softwood</strong> <strong>Forest</strong> <strong>Products</strong> <strong>Buyer</strong> • <strong>March</strong>/<strong>April</strong> <strong>2024</strong>

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