Sawmill benchmarking allows mill management to objectively identify competitive strengths and weaknesses and opportunities for improvement in key areas such as productivity, sales realization, log to lumber recovery and manufacturing costs. When a mill facility’s internal data is compared to actual data from similar mills, mill management, sales, and procurement staff can then begin to fine tune operational and procurement strategies to improve performance and increase profit.
Sawmill TQ (Top Quartile) is a service for gathering and delivering Southern Yellow Pine (SYP) sawmill benchmark data. The product is a partnership that combines The Beck Group’s sawmill benchmarking experience and knowledge with Forest2Market’s SilvaStat360 cloud-based interactive business intelligence platform. The result is a more user friendly and timely, data-rich digital environment that is designed specifically to meet the needs of sawmill managers and owners.
To make improvements in the subsequent step, it is imperative to identify the underlying cause(s) of the current performance challenges, and then determine what can be done to affect change and ultimately improve profitability.
Whether your facility has been in operation for generations or you’re currently expanding and adding capacity amid the demand for SYP lumber, Sawmill TQ can help you make better operational decisions during periods of high uncertainty in the market.
Organizations that use benchmarking remain agile and are able to quickly adapt to changing market signals because they are constantly setting goals, analyzing performance, measuring results and making necessary changes.
Forest2Market works closely with clients to build customized market studies and consulting engagements that answer specific business questions and address specific concerns.