EP 94: Just Past Time: Lumber Procurement Method
Update: 2024-09-26
Description
In this episode, Charles DeLaTorre joins us. We break down how #lumber users are adopting the JPT (Just Past Time) inventory method and what it means for the market. With everyone betting on higher prices next year, how should buyers, sellers, and risk managers play their hand? With everyone thinking one thing it will probably not play out the way we all have it scripted in out head. We also dive into why mills keep clinging to outdated pricing formulas when selling to the big-box giants. Why are there still a high amount of shorts in the market? The conversation gets lively, and whether you're at the office, in the car, or out for a run, you'll leave feeling smarter—and maybe even a step ahead of the game!
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