This just hit my email in-basket.
AM has just published their "2008 Machine Shop Benchmark Survey Analysis" at
07/22/2008
American Machinist conducted its third annual survey of machine shops to gather information our readers need to accurately gauge their competitive positions in the industry, and to help them make plans to systematically improve their operations and become more efficient.
We have identified the critical indicators and best practices that lead to improved productivity and profitability and, with the responses to questions about those indicators and best practices, we are able to identify a set of shops whose performance puts them in the lead of all the shops surveyed.
That group of shops is our benchmark set, and represents the top
20 percent of shops that responded to the survey. "
The amount of money shops spend on tooling per year is one of the stand-out statistics that separate the benchmark shops from all of the others. Shops in the benchmark set spend $92,500 a year (the median spending level, according to the survey), while the median for all shops is $47,500 and the median for shops that are not in the benchmark group is only $30,000 a year. So, benchmark shops spend three times as much on tooling each year as all other shops do.
============ Any critiques or comments from our money players?
Unka' George [George McDuffee]
------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end?
Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625).