C OMMENT & OPINION THE MAIN AGENDA
Peter Hindle MBE, BMF chairman looks at some of the issues facing the market and what the BMF is doing to help its members and the wider industry.
THE BMF EXISTS to promote the interests of its members, to create sector can prosper and the general good of the industry.
BMF chairman is to help shape our strategic plan and therein.
A good plan should help up, and put actions in place to mitigate threats opportunities presented. activities in 2017 are
Partnering for progress This is an industry that thrives on relationships. amongst the reasons members give for joining the BMF. Similarly, the BMF recognises the importance of strategic trade and industry bodies, particularly those customers. If merchants are to fully support their trade customers, they need
their business so they can provide the services they trade bodies that represent give our members an inside
Building relationships may also help us to attract more young people to our going objectives. There is a huge need for more apprentices both in merchanting and for our supplier members in manufacturing. In order to achieve a constant stream of young people coming into type of apprenticeship that is both relevant to life today, and attractive to the target audience.
apprenticeships currently on offer to merchants is holding trade bodies could help us to develop a completely different programme. The plumbing industry, for apprenticeships. During the the three main plumbing trade organisations, SNIPEF in Scotland, the APHC and
most recently CIPHE. One idea is a Construction apprentices get to understand the bigger picture through gaining three strands of experience, site. Many current branch managers started their style apprenticeship? It also offers the apprentice greater
A new model
for accurate forecasting. building materials supply good past data. Our Builders Merchants Building Index uses this data to give a top line report on sales category performance to all BMF members. Those subscribing
products and regions are
Our next challenge is to provide an equivalent to happen in the next 12 possible for merchants and suppliers to forecast their more accurately.
Most forecasts tend use next year. The BMF model of lead indicators to signal
need to understand the to affect merchant sales. relevant lead indicators. An economics graduate about construction and consider solutions that come
updates on progress.
DEALS – VOLUMES DOWN, VALUES UP? Keith Pickering, Partner, Catalyst Corporate Finance
IF THERE IS no such thing as bad publicity, then the Construction sector is having a great time. It is in the headlines everyday – unfortunately much of it is During November
12
and early December, have all posted strong the stamp duty impact on higher end homes and the
housing transaction volumes theory says are the biggest driver of RM&I spend.
January 2017 BMJ
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