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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.
All key aspects of the sawmill business are examined in detail including costs, revenues, product mix, yields and productivity.
Sawmill competition in the US South is rapidly increasing and even small changes to old paradigms will likely have significant impact to all participants in the supply chain.
Sawmills that monitor technology and staffing changes through benchmarking services can take advantage of the latest advances driving automation, efficiency and analytics, and they will be well-positioned in the global lumber trade as a result.
With the rise of the information age, sawmillers are also becoming more sophisticated in how they collect and share data. The newest mills and most sophisticated operators will use the increasing abundance of information to make data-driven decisions and to rapidly identify and respond to changing trends. Improved productivity, lumber recovery, superior grade yields and data-driven decision making will allow these mills to maximize their productivity in a highly competitive environment.
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Forest2Market works closely with clients to build customized market studies and consulting engagements that answer specific business questions and address specific concerns.
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