Rethinking where + how products + services are sourced + how value is measured + compensated.
Many thanks to our panelists: George Casey, Stockbridge Associates; John Ballard, Hyphen Solutions; Ashley Potter, PulteGroup and Bert Stephens, Builders FirstSource.
WATCH THE FULL RECORDING
Watch this short snippet featuring the supply chain vision our panelists have for 2029…
KEY TAKEAWAYS FROM THE DISCUSSION
Biggest Pain Points
- Skilled and consistent labor
- Knowledge transfer
- Processes – BFS internalized mechanical & industrial engineers to bring a Six Sigma view
Opportunities for Innovation
- Builders are taking a deeper look at the embedded inefficiencies and value add at each step in the process
- Automate/ Digitize or Die! Major push to integrate these tools to over the next decade to overcome inefficiencies (and material waste) in design and production.
- BFR (and entry level housing) should be our industry’s opportunities to drive innovation.
- Ecosystem focus – we need to be smarter about getting better together. Collective bargaining, pooled resources, more transparency.
- Emphasis on super subs / multifunctional trades as being the way of the future. Could be a way to create a win-win—adding value + financial opportunities for trade contractors as more and more manufacturers sell direct in the future.