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.
All machinery requires routine maintenance.
For many manufacturers getting the maximum productivity out of their CNC machines requires addressing how work flows throughout the entire manufacturing process. Gosiger has a number of options that can aid manufacturers by managing materials, tools and workpieces at various stages of the process.
One of the most prominent technological trends on display at IMTS 2012 had more to do with communications and process control than speeds, feeds and other mechanical specifications. While CNC machine tool OEMs continue to create better, faster and more accurate products, they also enable greater interoperability between various machines, controls and software applications by establishing shop floor networks to share data. By using XML and Internet Protocol technologies, CNC machines provide real-time data that promotes greater manufacturing efficiencies.
The federal government is taking a much closer look at how employees are classified and if employers are abiding by appropriate wage and hour laws. For manufacturing companies, a major concern is the distinction between non-exempt and exempt employees. 