Climbing prices are shutting out some potential buyers, but savvy purchasing can help offset pressures exerted by market conditions

Direct costs are usually the largest slice of the cost-component pie for home builders. Cutting those costs goes a long way toward saving your business money

Your processes can teach you so much and save you a lot of cash. But you need metrics

Most builders buy drywall turnkey, with both the material and the labor provided by the same contractor. Purchasing expert Charles Schneider offers a better solution

When it comes to getting the best price on lumber, it’s not always about the volume of material purchased — relationships count

Measuring the lowest total cost of operations and counting every dollar, no matter who it goes to initially, are among the key tenets of purchasing. But there are more

There's waste, and then there's waste-mistaken. Builders must learn the difference

Home builders that adopt the total cost model to purchasing and operations are guaranteed to save in the long run. Here’s a road map for getting started

Builders that purchase labor and material on bid price alone are guaranteed only that they will never operate by lowest total cost