CNC Machine Shops, Case Study
November 26, 2012
Gardner Research recently completed an in-depth study of CNC machine shops to better understand what separates high-performance shops – those that excel at income, profit and growth – from average ones. The study found that the characteristics of these higher performing CNC machine shops included gross sales that were 14% higher than other shops, and median net income margin of 12.9% versus 5.9%. Moreover, the average growth rate for high performing CNC machine shops was 51.6% while the other shops averaged only 25.1% growth.
So what do the higher performing shops do differently than their competitors? Among the findings are these critical issues:
Gosiger can help you determine the equipment and technologies you need to insure that your CNC machine shop achieves and maintains peak performance. To learn more about the Top Shops survey data, go here.