There are many advantages of utilizing automation using lasers when building single and multifamily homes such as the pre-built components. There’s a lot more value in your goods and services than just the components you deliver. In this series, we’ll expound on those additional values and explore ways you can use automation to deliver even more while increasing your margin and capacity by up to 40%.
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Efficiency Unleashed: Cutting Cycle Times in Component Manufacturing
From a builder’s perspective, anything they can do to reduce the total time it takes to complete a construction project, from start to finish, exponentially increases profitability. Everything that can reduce or improve the predictability of their building (cycle) time is valuable. A 300-unit apartment building costs about $100 million to build, the monthly repayment of that loan is almost $500,000. Each day that a project isn’t completed costs $16,000 in principal and interest. Coincidently, each day 300 units can’t be rented for $1,600, is also an opportunity squandered, literally $16,000 potential rent. Every day we can help reduce the builder’s days to completion. We can do that by delivering panels or floor cassettes faster, with fewer defects than we are today. If our cycle times are faster than our competition, we’re providing measurably more value by reducing their cycle times. What would shipping 20-40% more panels and floor cassettes of higher quality, from the same lines, with the same labor mean to your bottom line?
1/5 check back each week for the next blog in this series
