2020 LBM Employee Recruitment, Retention, and Training Report

The LBM industry has grown steadily for nine years, with the top 100 ProSales dealers growing their combined revenue to $61.46 billion, according to the 2019 ProSales 100 report. However, this success doesn’t mean the industry is without its challenges. The biggest challenges are in hiring, training, and retaining quality employees, according to more than half (58%) of ProSales magazine readers in a 2019 survey.

In response to this industrywide challenge, Dealer’s Choice and ProSales magazine conducted a joint survey, in 2020, to benchmark the hiring, retention, and training practices of construction supply dealers. The research found that most dealers have recruitment, retention, and training practices, but the degree to which they offer them varies greatly.

Commissioned by:
Dealers’ Choice

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PropTech Investments to Improve Your Multifamily Portfolio

Your Multifamily Technology Opportunity: How, when and why offering better physical security and broader property technology solutions increases your revenue.

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Five Ways to Eliminate the Biggest Challenges Property Managers Face Today

How might a facility, property or asset management company respond to challenges so they can spend more time attracting reliable tenants and increasing revenue?

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Succession Planning for the LBM Dealer

Planning for succession in a small business can be a difficult situation. This whitepaper is a high-level guide on how to implement a succession plan and how to get your business in the best shape possible before the transition. Ideally, you want to end up with a thorough plan, in writing, with which all involved parties agree.

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Build Your LBMH Business for Success in Any Economy

Economic forces pressure businesses to adapt in order to survive. The result is an economy built on businesses that have made themselves immune to downturns. For the lumber, building materials, and hardware industry, the outcome has been a movement toward technological progress. LBMH businesses that have seized market share following shifts in the economy have shared common evolutionary advantages.

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Cash Is King: Improving Cash Flow with Efficient Accounts Receivable

The relationship between a company’s profitability and its cash flow isn’t always fully understood. Many businesses tend to manage operations from the bottom line, believing that if sales are increasing, the business is profitable and success is guaranteed. The problem with this thinking is that businesses don’t pay their vendors from the bottom line, they pay from positive cash flow. Read more about improving cash flow with effective Accounts Receivable.

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EBook - 7 Myths of Cloud Computing: Debunked!

There remains a great deal of uncertainty among business owners about whether moving to a cloud-based solution is right for their businesses. Let’s examine the myths holding businesses back from moving to the cloud.

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Video: Columbia College Student Center Construction Uses Laser Scan and Point Cloud Data

Watch how laser scanning technologies were used in the construction of a 5-story student center. Situated next to Chicago's elevated train tracks, this project presented unique challenges. Laser applications were used for modeling and quality control on concrete pours. This construction company lessened the amount of re-work, proving true savings to the client.

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Broad, Immediate, and Profound: Laser Scanning Helps Guide the Rebirth of L.A.’s Legendary Century Plaza Hotel in a $2.5 Billion Development Project

To strip the Century Plaza Hotel down to its structural components, the Webcor team needed to precisely understand existing conditions. Among the challenges: aged construction documentation and the architect’s extremely tight tolerances for the interior rebuild. Read how laser scanning identified key issues that were able to be resolved to help move this construction project forward.

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$50 Million Chicago Construction Project Adopts Next-Gen Workflow

Read how Pepper Construction uses laser-based applications to automate, simplify, and transform building processes. Columbia College’s new student center in Chicago abuts an elevated train track, presenting unique challenges for construction. Laser scanning technologies were used for modeling, and maximum efficiencies in preparing concrete pours.

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