TOC3 Australia

Stonewood Homes

ViAGO Client. TOC3 practitioner: Andrew Kay (Project Manager) & Andrew Cranwell. Credit to Phil Spitalney TOC Contractor.

Product: Custom Built Homes

alt

Issues

  • Long lead time to build homes
  • Unhappy customers
  • Unhappy sub contractors
  • High Stress levels
  • Poor profitability

Action taken, changes made

  • On-site consulting project: Critical Chain Project Management
  • Installed Critical Chain based scheduling and Pipeline Management
  • Supervisors and Subcontractors trained to follow the new system

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


New Zealand Press:

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) …

  • I can sleep at night with the knowledge that the projects are where they should be and there is a workable plan for the completion of the home.
  • Clients have a completion date that is real.
  • I have been away on holiday twice since the implementation of our project board, this has been without the need to take a phone for fear of the need for my direction. More importantly upon my return everything is still in order.
  • We have clients that are in their completed homes that consider us their friends after the process of building their home. They tell us their personal news and take delight in us sharing parts of our lives with them. This is a real breakthrough.”

Kevin Norris, Owner Stonewood Homes, Matamata, New Zealand

 

video

Exepron

exepron

Exepron is a unique multi-project Critical Chain Project Management Software solution with embedded real time intelligence to plan, schedule and execute projects.
Exepron answers the 7 most critical questions of project management in real time.
Contact us to find out how.

NEWS

Stonewood HomesViAGO Client. TOC3 practitioner: Andrew Kay (Project Manager) & Andrew Cranwell. Credit to Phil Spitalney TOC Contractor.Product: Custo...
The following client has achieved substantial results with TOC after Lean and some Six Sigma practices where already embedded in the organisation. So ...

In a nutshell

Theory of Constraints is not a secret but it might well as be.  To achieve rapid, significant and lasting business improvement demands a profound change in thinking. Thinking has to shift ...
1. PROBLEM DEFINITION: Understand Environment and agree on Core Problem to solve (2 - 5 days)We understand your environment - site audit We get to meet your key people and you get to know&nb...
Please note that some of the client results we report have been achieved whilst working in association with other TOC practices. We only report results here where our practitioners have had ...
“The best thing about KI - You make the duct we want when we want it.” Recent customer praise of Kavanagh Industries...
PROJECT MANAGEMENT THAT DELIVERS30 DAY FREE TRIAL Synchronize 50 Projects 15 GB Storage Capacity Unlimited User Access Global Collaboration No CustomizationStart now...
We have had some dramatic changes to the business in recent years including new ownership. However, we are still running the same system you helped install - it just works!\" Paul Winterflo...
 Get a high percentage of your projects back on track - fastRecent research shows that up to 50% of an organisations projects are at risk at any given time. The most prevalent problem b...
 Grant Johnston: Managing Director “That’s ******* amazing” Commenting on 75% reduction of WIP in under 3 weeks.Brad Johnston: Operations Director “I’m very pleased with that” (...
A key component of our mission is to make lives better for everyone.We refuse to work with companies that use the solutions to cut costs by reducing the workforce. It\'s a bad sign, creating ...
  ...

Testimonials

Login Form



TOCICO

tocico_1

Certified Practitioners