LAM-WOOD Systems
Cuts Manual Effort, Achieves Instant Reporting, and Scales Smoothly with NetSuite & BlueCollar Projects
ClientLam-Wood Systems
IndustryHeavy Timber & Engineered Wood Products
LocationDenver, Colorado
Key SolutionNetSuite ERP, BlueCollar Projects
PartnerBlueCollar Cloud
Overview
Founded in 1977, Lam-Wood Systems supplies heavy timber and engineered wood products to the commercial and multifamily residential construction industries. As their operations expanded and project complexity grew, they faced significant inefficiencies due to an outdated software system. They needed a solution that could integrate their processes, improve financial transparency, and support their future growth.
The challenge
Lam-Wood Systems had been using Sage 300 CRE, a platform that could no longer keep up with the company's growing needs. This outdated system caused several operational challenges:
MANUAL WORKAROUNDS
Critical processes like revenue recognition and inventory tracking relied on time-consuming, manual efforts
LIMITED VISIBILITY
The system provided limited insight into financial and operational data, delaying decisionmaking.
WORK IN PROGRESS (WIP) REPORTS
Preparing WIP reports took up to three days each month.
INEFFICIENT JOB COSTING
Tracking job costs and managing inventory were challenging
GROWTH CONSTRAINTS
Their existing platform lacked the scalability needed for future growth
These issues were preventing Lam-Wood Systems from achieving the operational efficiency they needed
The solution
With the help of BlueCollar Cloud, Lam-Wood Systems began their ERP conversion by implementing NetSuite and the BlueCollar Projects SuiteApp. This transformation addressed their key challenges by automating and streamlining their processes
AUTOMATED REVENUE RECOGNITION
Reduced manual entries and streamlined revenue tracking
REAL-TIME DATA ACCESS
Provided immediate transparency into project financials and inventory costs
ROBUST JOB COSTING SYSTEM:
Enabled better tracking of job costs, improving financial management
ON-DEMANDWIP REPORTS
Reports that once took days to generate are now available in real-time
SCALABILITY FOR FUTURE GROWTH
The platform is designed to support Lam-Wood Systems as they continue to expand
The results
Since implementing NetSuite and BlueCollar Projects, Lam-Wood Systems has seen significant improvements in its operations:
Improved Efficiency
Automated processes reduced the time spent on manual tasks, including job costing and revenue recognition
Real-Time Financial Transparency
The team now has instant access to critical data, enabling faster, more informed decisions
Instant WIP Reporting
Monthly WIP reports that used to take 3 days are now available instantly
Scalability for Growth
The new system allows them to scale their operations effectively, without the bottlenecks they previously faced
NetSuite for Construction Companies
Thursday, March 20, 2025
11:00 a.m.–12:00 p.m. PDT
In the pursuit of operational excellence, choosing the right technology partners can be a game-changer. This is especially true when it comes to managing complex processes like revenue recognition, financial consolidation, and project scheduling. Construction companies are presented with the opportunity to streamline their operations within a unified system by partnering with NetSuite.
Join this webinar to learn how NetSuite helps to:
- Increase visibility to the entire project lifecycle
- Identify efficient cost savings opportunities
- Attract talent
Featured Speakers
Kirt Christensen
Founder and CEO, BlueCollar Cloud Solutions
James Johnson
CFO, Lam-Wood Systems, Inc
Jeremy Crandall
COO, Lam-Wood Systems, Inc
Continous partnership
Lam-Wood Systems continues to rely on BlueCollar Cloud for ongoing support as they optimize and scale their operations further. The company is already planning to leverage additional NetSuite features to continue streamlining workflows and improving overall efficiency