Product: Custom Built Homes
Issues
Action taken, changes made
Measure |
Before |
3 months after CC project installed |
Improvement |
Lead Time to build standard 3 Br modern home |
110 – 120 days Industry standard |
73 Days consistent plus or minus 5 days |
30% - 35% lead time reduced |
Cash Flow |
Not bad, sometimes going to 30-60 days. |
Great |
Suppliers/contractors paid on time, and before time if they are in a tight spot. |
Progress Payments |
Unreliable |
Reliable on time |
More projects hitting payment stages more regularly = predictable cash flow |
Profitability |
Struggling to break even |
Tangible difference. |
As a volume business the ability to produce more = Better returns. |
Customer Satisfaction |
Lots of complaints |
Lots of praise |
One home on the market 2 weeks early (63 day build). |
Contractor Satisfaction |
Lots of complaints |
Lots of praise for everyone |
New levels of trust and payments on time |
Stress levels |
High – many sleepless nights |
Much lower, ability to switch off and leave it to others. |
Taken holidays for first time in years |
Tauranga Gets Gold!
“Stonewood Homes, Matamata New Zealand enjoyed phenomenal success with two gold medals in the House of the Year Awards 2008. They won the prestigious Category Winner and Gold Medal for their entry in the Homes $350,000 to $450,000 category.
“Some of the standout results (they are all standout, these are the real biggies) …
Kevin Norris, Owner Stonewood Homes, Matamata, New Zealand
Certified Practitioners