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Millennials want high-tech options and multigenerational spaces in their new homes.
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Earlier communication with trade partners is one key to controlling costs.
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The American Dream is to have both a home and a job. Builders across the country would like to help create both.
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Better coordination with trade partners is one answer.
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With a little ingenuity, shopping on a shoestring can look like a million bucks.
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They are fewer in number, and their expectations don’t always match conventional wisdom, say three experts.
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It lives where you can find it, on demand.
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Volume adds clout, but vendor costs aren't ruled by size alone.
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General Electric remains the dominate appliance supplier to the high production home builder market, but in recent months Whirlpool Corp. has grabbed some high-profile market share. In the last six months Whirlpool Appliances has nabbed exclusive contracts to supply all the appliances to Toll...
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Why is no one measuring the biggest robbers of profit?
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Generations of builders say the advice of the legendary business consultant, now 92 years old, has proved invaluable over the years.
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One of home building's own supply chain chiefs reacts to the industry's failure to adapt.
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For years a great resource lay largely untapped within the purchasing departments of large production builders--the ability to buy cheaper and more efficiently nationally. Everybody knew the potential was there. It was often cited as a primary advantage of being a big national home builder. Yet...
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After taking in the potential implications of the announcement, overall, analysts said they think Centex needs the deal.
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Ex-Wilshire Homes purchasing exec finds a way to offer back-office services to builders at no charge by tapping into supply chain revenue.
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Purchasing agents and suppliers put aside past differences to find a recipe for improvement in 2009.
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Banks take their time reselling foreclosures, modifying mortgages, and approving short sales.
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Fear of what the housing market will bring has combined with the credit crunch to throw off normal cycles for lumber purchasing.
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Building material prices have skyrocketed, and builders are bearing the brunt of the increases.
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Builders may be reducing square footage, skimming down home features, and reducing floor plan sets to bring the price per square foot of new homes down, but there is a lot of money being left on the table by failing to efficiently source materials and services.