Optimize your resources to reduce the debt of becoming a least-hassle supplier. When Albert Einstein was once asked to name mankind’s greatest invention, his answer was “compound interest.” While the federal funds rate was near zero, it made sense for businesses to load up on debt and pay virtually no interest. Now, with higher interest rates compounding the impact, it’s…
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The Technology Upside in an Economic Downturn
Embrace the paradox: Invest in tech partners and people now, while an impending recession makes talent and time abundant. DIGITAL TRANSFORMATION RATIONALEResearchers preparing the 2022 KPMG U.S. Technology Survey Report asked businesses: “What are the key drivers of your organization’s digital transformation and corresponding investments?” As the United States slides into a recession, our industry is starting to feel it.…
Read MoreNewsflash: The digital enterprise is not complicated
Ready-mix concrete is a “now” industry. Real time. No delay. It’s time for us to catch up with what our kids already have: Instant access to information and collaboration with everyone all the time. The phrase “digital enterprise” makes a ton of money for lots of advisors from big-name consultancies. They use it as a noun, verb and adverb. They…
Read MoreConcrete A I(nnovation)
Concrete mix technology is demanding and, all too often, thankless. We ask our people to guarantee the structural integrity of the design and minimize costs despite the host of bad things that can happen with mix components and transit. When things go right, our folks are invisible. Yet when things go wrong, they are the first to bear the brunt…
Read MoreHow the Pandemic Changed Ready-Mix: A Look Back
BY VICTORIA K. SICARAS Although not completely on the other side of the pandemic, we each have our own set of lessons learned since March 2020. Like many in the ready-mix industry, the Martin Marietta Rocky Mountain Ready Mix District’s journey to a new normal began when office employees faced a transition from working on premises to working at home, virtually…
Read MoreWhen Time and Inventory Collide
For most concrete producers, high-tech inventory management is well worth the investment. by Craig Yeack
Read MoreCloud or Closet: What’s Best for Internet Security?
Ready-mix producers are weighing the risks of keeping their data in-house by Craig Yeack
Read More2021: Year of the Digital Enterprise
From paperless to wireless, ready-mix producers can thrive in a digital era By: Craig Yeack
Read MoreReady-Mix for Small Town, USA
Technology plays a unique role for producers who serve small markets By Craig Yeack
Read MoreThe Value of Control
Producers are investing in precision over tradition when it comes to cooling concrete By Craig Yeack
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