The best way to determine whether your machine shop is as successful or effective as it could be is to compare its key performance indicators with industry leaders. Modern Machine Shop’s “Top Shops” benchmarking program enables you to do just that.
Launched last year, Top Shops offers all types of shops the chance to see how they stack up against similar companies. The 2012 program began early in the year with a comprehensive online survey that identified shopfloor practices as well as operational and business metrics that define world-class competitiveness in discrete parts manufacturing. In Booth W-160 at the entrance to the West Hall, you can pick up a free copy of the Executive Summary of survey results.
The Executive Summary compares performance data of the Top Shops benchmarking group with the other shops that took part in the survey. That benchmarking group is a collection of the best-performing shops determined by totaling the points assigned to certain financial- and technology-related survey questions.
Be sure to grab a copy of the Top Shops Executive Summary, and feel free to pick up copies of Modern Machine Shop and any of the other manufacturing-related magazines Gardner Business Media publishes.