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To: GST who wrote (148336)	9/30/2002 3:29:56 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

A good article on KBH LA based homebuider. Bye-bye, spec: KB won't sell a home until a buyer has a mortgage in place. >>What's more, KB Home now manages its building process as if it were a manufacturing line, which lets it manage costs--and growth--in ways it never could before. Ten years ago delivering houses on a strict schedule was nearly impossible; getting crews to show up on time was a willy-nilly affair, dependent mainly on the ability of individual, isolated KB construction managers to hound their subcontractors into action. Today everything is coordinated at KB's data center in Pomona, Calif., where a sophisticated computer system sends nightly scheduling e-mails to subcontractors and also handles billing and payments. The system has saved tons of time--and, Mezger estimates, hundreds of thousands of dollars in blueprint costs alone. "KB has one of the best computer-based scheduling programs I've seen," says Matthew Moyer, an equity analyst who follows the industry for A.G. Edwards in St. Louis.<< fortune.com