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Highlights of the Ready Mixed Concrete Industry Data Report. Presented to the 47 th Annual Business Administration Conference by William B. Allen Allen - Villere Partners October 17, 2005. Benchmarking. Assists in helping to analyze the cost of doing business
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Highlights of the Ready Mixed Concrete Industry Data Report Presented to the 47th Annual Business Administration Conference by William B. Allen Allen - Villere Partners October 17, 2005
Benchmarking • Assists in helping to analyze the cost of doing business • Assists in helping to analyze the efficiency of an operation
Surveys Available • Industry Data Survey • Fleet Benchmarking Survey • Safety Benchmarking Survey • Environmental Costs Survey • Compensation Survey
The Industry Data Survey • Company Size Analysis By % Sales & $-Per-Yd • Regional Analysis By % Sales & $-Per-Yd • Rural, Urban & Mixed Region Analyses • Five Year Trend Analysis
Ready Mixed Concrete Profitability $ Per Yard
SummaryWhat Can We Do To Improve Our Bottom Line? • Compare Strengths & Weaknesses to Peers • Improve Your Management Financial Cost Data (Use NRMCA’s Chart of Accounts) • Know Your Break-Even Point • Cost Out Jobs (Use NRMCA’s Job Cost Program) • Price Jobs Based On A Desired Return