Lumber Prices, Profit Margins + Delays: How to Protect your Business from Supply Disruptions

Industry

webinar

Demand for residential projects is sky-high. But supply shortages, lumber in particular, threaten the profit margins and schedules of builders across the country. In some markets*, the price of lumber has increased by more than 80% since mid-April.


For fixed price builders, that means the price you promised your clients back when you started their project may tank your profit for the year. For open-book builders, your project financials may be protected, but supply delays have wreaked havoc on your schedules.


Without a specific plan to implement now on your upcoming jobs, you may be battling both profitability and schedule issues at the same time, later.

Join Donny Wyatt, Founder + CEO of CoConstruct, Paul Colwell, Managing Director of Cullum Homes, Dan DeVol, Founder and President of DeVol Builders and  Phil Randolph from CBUSA to discuss three short-term mitigation approaches that you can use to protect your margins despite unpredictable lumber prices. 

Learn How To:

  • Navigate this without hurting your margins
  • Get your jobs built (and built on time)
  • Leverage an Escalation Clause to account for material price changes

*Chicago Agent Magazine, NAHB to President Trump: Skyrocketing lumber prices threaten the economy, August 14, 2020

Webinar Presenters:

New to CoConstruct?

Get a demoLearn more

WATCH A DEMO NOW

Fill out the form to get access to a full demo video now + a designated CoConstruct expert to answer all your questions.

By submitting your information, you are consenting to let CoConstruct maintain the data you provide and to contact you via phone or email.
Questions? Please read our full privacy policy.

Find construction software features + learn best practices.