Franklin Building Supply - December 2021

Franklin Building Supply - December 2021

OWNER -TO- OWNER www.franklinbuildingsupply.com | 208-514-2200 | 9222 W. Barnes Dr., Boise, ID 83709 DECEMBER 2021 NOBODY CARES LIKE AN OWNER

In January, we will welcome 71 new owners into our employee- ownership of FBS. This happens every six months, on Jan. 1 and July 1, when folks who have reached eligibility automatically become owners. Each of the 71 will wake up that day and put their pants on the same way they did the day before. They may not feel different initially, but they are special. They will be part of a rare breed in our industry that owns a piece of the company where they make their living. How does owning a piece of the company matter? Think of something that belongs to you or a family member that holds a lot of sentimental value. Maybe it’s an heirloom, like jewelry, clothes, family recipes, or handwritten letters. Maybe you inherited something of value, like a multi-generational home or an antique car. Maybe it’s the stories your relatives told you over and over that encompass your family’s history. Whatever it was, as soon as it fell under your care, the time and mental energy you spent to ensure it was well looked after and ready to be passed down again became your commitment as its steward or owner. When someone has an ownership mentality to preserve and maintain something important to them, it means they take extra steps to look after it. That’s why it’s often said that “nobody cares like an owner.” Of course, thinking and acting like an owner is a big part of what helps employee-owned companies stand out. People who work at an employee-owned company will often go the extra mile to make sure their operations are running smoothly, or their clients are consistently satisfied, or the community they’re a part of feels well- served by the jobs and services they provide. Why do employee-owners care more? Not only is there the pride of ownership, but when every employee has an ownership stake, there is a direct financial link between the company’s success and their individual success. With this alignment of incentives, employee-owners who buy into thinking like an owner and

collectively building an ownership culture can

drive improvement in the company’s performance and thus benefit themselves.

For example, team members can shift from seeing a new coworker’s onboarding process as

primarily the responsibility of management, to understanding how their own expertise can prepare

a new colleague for their role. While customer or client service previously might have only mattered between a team member and their supervisor, employee-owners understand that retaining and expanding their company’s business can impact the company’s share price. This ultimately affects their account balances — which can motivate them to play a more collaborative role in delivering high-quality service. At the end of the day, employee-owners who embrace a sense of ownership — and are comfortable wearing their “owners” hats — care deeply about playing an active role in shaping the future success of their company. Here’s a salute to the 71 new employee-owners; may their “skin in the game” help us continue to differentiate ourselves in the marketplace and build real wealth over their careers.

– Rick Lierz CEO

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We try to take good care of our equipment, but even the best maintained trucks, forklifts, and machinery have a lifespan. Keeping up on replacing equipment over time helps us to remain efficient and current. The same goes for buildings and unique assets like our land, whether it is paved or gravel. Maintenance and improvements are often necessary and expensive. It takes an organized system to be able to prioritize for the best results, and we have such a system. Managers are responsible for the condition of their assets. Each fall, while they are putting together budgets for the next year, they refine a list of their asset needs. Many times this is repair or replacement, but as we grow, they might want to add new capabilities, like a new truck. The managers rank their requests and explain their reasoning. The Executive Committee then gathers to review and make decisions. Just like your home budget, the first task is to determine how much we can spend on these projects, which we call CapEx, short for Capital Expenditures. Once we know that amount, we begin the process of analyzing the requests and weighing them next to all the others. Part of the process is determining if the request fits the location’s business plan and the company’s strategy. Some items are deemed crucial to either keeping the business operating or accommodating the growth we wish to pursue. Replacing equipment at the end of its useful life is a relatively easy yes decision. Requests for new equipment or building additions will be measured against the sales and profit it could generate. Even this process is ripe for continuous improvement. Future plans include building a predictive model as many as 10–15 years ahead, to help the company and managers plan better for CapEx needs and reinvesting our CapEx dollars in the smartest way possible. For now, when you see a new truck or forklift roll into your yard, you will know that it was purchased using a careful study of our ongoing needs. IMPROVING OUR ASSETS THROUGH CAREFUL ANALYSIS

NEW OWNERS!

Pocatello Boise Jaguar Boise Boise Boise Pocatello

Pocatello Caldwell Jerome Truss

Alan Pooley Alek Smith

Jordan Wilde Jose Arregui

Amanda James Anthony Healey Ashly Sisco Austin Rosales Brayden Danner Breann Jones Brett Saylor Bryan Malang Caleb Baker Casey Gurnett Corban Wallin Dalton Turnbough Danny Martinez Donald Thomas Donald Pearson Drew Ake Easton Lucero Elijah Lavender Francis Vitug Guiseppi Imbriani Heidi Magdaleno Jacob Severance Jaime Bermudez Jr. Jammie Ruelas Jason Martin Javier Ramirez Jennifer Malone

Joseph Jeffers Justin Goracke Kaden Lemons Kaleb Gauthier KC Vertner Kennith Nield Kevin Farnworth Khris Kecskes Kory Kautz Mason Brensel Matthew Christensen

DDF DDF

Fruitland Fruitland Gooding McCall Boise McCall Jerome Truss Jaguar McCall DDF Jerome Truss Jaguar Caldwell

Jaguar Jerome Boise Jerome

Boise Boise Boise Caldwell Jerome Truss

Michael Brown Michael Purcell Michelle Cruz Mitchell Sherman Noah Davis

Boise Boise Pocatello Elko

Jaguar Jerome

Oleksandr Tarasenko Richard Belmontez Jr.

Boise Boise Jaguar

Burley McCall Boise Fruitland Jaguar Pocatello Boise Supply Caldwell

Robert Rogers Ryan Richmond Sarah Spence Scott Still Seth Higginson Susan Mowers Travis Saine Trent Griffith Trevor Abrams Trevor Parkin Triston McCleskey Tyler Abrams Vicente Pettit Victor Elias Zachary Flatter

Caldwell Caldwell Boise Pocatello Jerome Truss Boise Boise Boise Burley Boise Elko Pocatello Sawtooth Door

Twin Falls Pocatello Boise Caldwell Fruitland Caldwell Boise

Jeremy Pierce Jerry Cheney Jesse Espinosa

Jessica Berlin Jesslynn Lund Joel Garcia Jonathan Williamson

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Congratulations to the big winners of the Franklin Building Supply Fishing Derby. Each of these champions wins a $250 gift card. Thank you to everyone who participated in the derby this year. GRAND CHAMPIONS OF THE 2021 FISHING DERBY

BIGGEST FISH: Carrie Morgan’s 83-inch striped marlin. Carrie is the wife of Jerome GM Jeff Morgan.

MOST FISH: Duane Dowell. Duane is a cabinet installer in Boise’s cabinet shop. A few folks caught fish all year long and submitted photos to prove it. No one outfished Duane nor sent in more photos of his fish.

IMPRESSIVE FISH: Kellen Palmer’s 29-inch steelhead. Kellen is a CDL Driver in Boise. This was close; there were so many nice fish, but Kellen’s was stunning.

MOST FUN FISHING: Joey Enochson family. Joey is the operations manager for finish products in Boise. Joey and his family posted pictures from many family fishing outings throughout the year. They nudged out the Vogel family and

a

Design Innovations department outing for this award.

There were a lot of cool photos of FBS kids and grandkids fishing. You get to vote for the Fisher Kid: Best of the Next Generation award. The most votes by Dec. 15 wins. To vote, go to the FBS website, find the fishing derby page under employee resources. See all the entries, and send your vote by email to [email protected]

JANUARY ANNIVERSARIES

JANUARY BIRTHDAYS

LOCATION - EMPLOYEE - YEARS

Sawtooth Door Jerome Boise Truss Caldwell Boise Boise Boise Supply Pocatello Bellevue McCall Bellevue Boise Supply Boise Jerome Truss

Ivan Barriente Ivan Arevalo Moises Alvarado Logan Valentine Becky Waitman Chris Bazzle Kaila Burnside Michael Hoskins Jason Powers Dean Holmes Coby Thrasher Tony Luchi Mason Wilson Joseph Walker Cameron Sato David Gardner Andrew Mannion Erik Olsen Tizoc Gonzalez Payton Ake Cody Huft Daniel Guadarrama Kalen Thompson Abel Lima Jr.

1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 3

Pocatello Boise Fruitland

Maddy Hazelbush Jordan Lierz Tracy Wheeler Skyler Bateman Aaron Arevalo Evan Hess Jonathan Sanches Robert Carver Jose Verdusco Chad Peterson Rick Runyon Aaron Lowther Brian Tucker Chris Morrison Grayson Mohr Neil Lewis Fisher Fisher Levi Smith Chris Wirdzek James Baker Doug Cox Joey Green Rusty Anderson John Rifelj

3 3 3 3 3 3 3 4 4 4 4 4 4 5 5 6 6 6 6 7 8 8

Wyatt Benson Edi Bosnjak Guiseppi Imbriani Jim Priess Justin Blaha Matthew Derbidge Richard Belmontez Don Goins Justin Stallard Scott Binkley Andrew Choules Robert Smith James Bermudez Sr. Brad Davis James Shrewsbury Christopher Brethauer Jared Choat Ron Esta Logan Valentine Skyler Bateman Zachary Downer Joseph Lopez Freddy Ruiz Jill Flabel Mitch Montgomery Nick Lang Dana Parker Steven Grijalva Chrissy Larimore

Jordan Lierz Jordan Ioane

1 1 1 1 2 2 3 3 4 5 5 5 6 6 6 7 7 7 7 9 9 9 9

15 16 17 17 17 17 19 19 19 19 20 21 22 22 22 22 22 23 24 25 26 26 26 27 27 29 29 29 30 31 31

Sergio Barajas Michelle Cruz Bob Liehe Doug Sheldon Joanne Armolea Emma May Salvador Sanchez Torres

McCall Jerome Jerome Truss Boise Caldwell Caldwell Boise Burley Boise Supply Boise

Moises Sotelo Austin Halley Matt Farnworth Alan Akberdin Orin Calahan Greg Mips Tom Mosgrove Levi Smith Scott Still Ken Leavitt Earl Purser Nathaniel Cripe Kasey Jensen Rayanne Roche Shannon Brown Lily Sheridan Derek Byington Brian Cardenas

Jaguar Jaguar Burley Boise Jaguar Jaguar Boise Boise Boise

Boise Boise Boise Twin Falls

Boise Boise

10 10 11 12 13 14 14 15

Jerome Truss Jerome Truss Jerome Truss Boise Truss

Neil Lewis Paul Lewis

Fruitland Pocatello

16 19

Joseph Lewis Huge Hughes

Jackson Theberge Dalton Turnbough

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PRST STD US POSTAGE PAID BOISE, ID PERMIT 411

www.franklinbuildingsupply.com 9222 W. Barnes Dr. Boise, ID 83709

I N S I D E

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Nobody Cares Like an Owner

New Owners Improving Our Assets Through Careful Analysis

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Fishing Derby Results January Birthdays and Anniversaries

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Spotlight on Kaila Burnside

KAILA BURNSIDE IN THE SPOTLIGHT

Our Employees Define Franklin Building Supply

Kaila is an inside sales/ inventory count specialist in the Boise Supply location and has been with us just shy of a year now. Here at Franklin Building Supply, we pride

When it comes to aligning with LEAN, a series of five principles designed to improve the efficiency in the workplace, Kaila believes she is able to contribute to process improvement and efficiency by completing timely and accurate cycle counts. “By staying on top of inventory, I can take that extra step back and look at the overall flow of the products in the yard. I have been able to find, correct, and prevent numerous errors by simply knowing what products are and aren't in the yard,” Kaila adds. In her free time, she likes to get out and explore! Whether it be a road trip to a new place or just taking in some fresh air, Kaila likes being outdoors. “I also enjoy spending time with my friends and family, and this is the best time of year to do so! This time of year is my favorite — holidays, sweater weather, and football, of course!” Kaila, thank you for making Franklin Building Supply an enjoyable experience for our clients and other employees. Your friendliness, talent, and professionalism are great assets to the team!

ourselves on hiring the very best people for the job, and Kaila is just another example of that.

“My favorite part about my job is that there is always something new to learn,” she tells us. While Kaila is new to the industry, she already has so much proven knowledge of the industry, supplies, product, and company. “As I learn, I can better assist customers with their projects, whether they are big or small,” Kaila states. She feels that it is such a rewarding experience when a client leaves feeling confident and excited with everything they need for their project or job. Because Kaila is new to the industry, she admits that sometimes, the learning curve can be a bit of a challenge, especially when it comes to getting on the same page with customers and contractors, but she is grateful for the challenges that come her way because no matter what, she finds the solution.

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