7/19/2017 | 1 MINUTE READ

Why (and How) to Benchmark Your Machining Business

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Doug Woods, president of AMT—The Association For Manufacturing Technology, shares the importance of benchmarking your manufacturing business and how the Top Shops program and conference can help.


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Continuous improvement should be a goal for any machining business, but “unless you know what you’re shooting against, unless you have some frame of reference, it’s hard to do that,” says Doug Woods, president of AMT - The Association For Manufacturing Technology. That’s why shops need benchmarks, standards by which to measure not just one company’s progress, but its progress compared to other shops.

How can you get that information? Participating in Modern Machine Shop’s Top Shops program is one way. For the past six years, this anonymous survey has provided a means for participating shops to gage their own operations in comparison to their peers’. As Mr. Woods explains in the video embedded in this post, the data collected also helps advance the manufacturing industry at large by providing insight into how the best-in-class shops nationwide are using technology.

New this year, the Top Shops program is also hosting a conference where Top Shops winners and other manufacturing professionals will share tips, tools and technologies that have helped them succeed. The event takes place September 5-7 in Indianapolis, Indiana. Get the details about Top Shops Conference 2017 here and hear more from Mr. Woods in the video above. 


  • Access the 2016 Top Shops Executive Summary

    Read analysis and consider the data gathered in our magazine’s sixth annual Top Shops benchmarking program.

  • Top Shops: Do You Have What It Takes?

    Modern Machine Shop's Top Shops Program is more than just an honor—it’s a pathway to excellence. The annual benchmarking program is an opportunity to guide your shop’s improvement efforts and gage where you rank among industry-leading machining businesses. This interactive story helps you decide: How does your business stack up?

  • Read the 2014 Top Shops Benchmarking Executive Summary

    See a comparison of Top Shops survey responses between the benchmarking group with the other shops that participated in this year’s survey.