5 Benefits of Hiring a VCFO

Financial management is one of the most critical operations when you own a building supply, garden centre, or lumber business and takes great skill, strategy, and accuracy. While businesses can manage their finances independently, hiring a Virtual chief financial officer (VCFO) is an excellent option. A Virtual CFO, also known as an outsourced CFO, is […]

Just-in-Time Inventory Management

Just-in-Time Inventory Management — How JIT management can benefit home building suppliers and garden centres It’s every building supplier’s and garden centre owner’s worst nightmare — running out of inventory when your customers are desperate for your products. It happens more often than you would think, especially during peak seasons. When this happens, your customers […]

Using Market Data to Promote Better Decision Making in the Timber Industry

The timber industry has a lot of grey areas when it comes to pricing. Distributors determine the price of timber based on publicly available information, which is determined by the market demand. Increasing distributor and retail access to global market performance creates a transparent industry, allowing lumber yards, building suppliers and garden centres to plan […]

Building Industry Trends

The building and garden centre sector is constantly evolving, and that includes those who operate within it. Some of these changes are minor, while others are significant and have long-term effects on the industry. Whether you work in construction, home and garden, lumber, or hardware, knowing what’s coming next will help prepare to prosper during […]

Why The Building Supply Industry Needs to be Digitized

With over 30 years in the building supply and garden centre industry, I’ve experienced firsthand the inefficiencies and pain points business owners encounter when dealing the value chain and operational management. This industry is a core cornerstone of our economy, yet, despite its success, it is one of the least digitized. This market represents a […]