The 2015 LBM Distribution Conference brought together some of the industry’s top thought leaders in key LBM business areas including inventory management, employee recruiting, pricing strategy, succession planning, mergers & acquisitions, and much, much more. Hosted by LBM Journal and Principia Consulting, the 2015 LBM Distribution Conference convened in Atlanta for two days of shared insight, advice and practical takeaways to help lift the LBM distribution industry as a whole. While space constraints prevent us from sharing every nugget of knowledge delivered at the conference, what follows is a brief recap from speakers and panelists who are helping to shape our industry.
Speakers and Panelists
PANEL DISCUSSION: The Big and the Small
– Larry Adams, president & GM, Robinson Builder’s Mart
– L.T. Gibson, president & CEO, US LBM
– Michael Cassidy, former president & CEO, TW Perry
– Russ Kathrein, president, Alexander Lumber
For the sake of the panel’s discussion, moderator Tony Misura of The Misura Group set the parameters for what defines whether an organization is big or small. Anything over $500 million is big, the panel agreed. Also agreed is that whether a small business or a large one, the object is the same: take care of customers and employees and grow the business. Panelists from both the large and small groups said that they see more consolidation on the horizon. While any merger needs to focus on winning at a local market level, all panelists agreed that an increasing focus in the next five years will be on technology and finding the right staff and leadership.