2016 Benchmarking Executive Summary Now Online

Much about our Top Shops benchmarking survey revolves around providing numbers and values that machine shops can compare to their own to see where they rate against industry leaders.

Here are three examples. In this our sixth survey edition, our Top Shops benchmarking group (the group that represents the top 20 percent of shops as determined by totaling the points assigned to certain business- and technology-related questions) reports median spindle uptime of 72 percent compared to 60 percent for other surveyed shops. 2015 profit margin for Top Shops and other shops were 15 and 8 percent, respectively. Plus, quote-to-book ratio for Top Shops was 61 percent compared to 50 percent for other surveyed shops.

These and other such shopfloor and financial metrics are included in this digital 2016 Top Shops Executive Summary that we created. Review it to see how your shop compares.