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11th Annual Top Shops Benchmarking Program Opens with New Features

Each shop that participates will receive a custom report that compares its data with all others that completed the survey. The report also includes a shop’s overall survey rank and indicates the areas in which the company is particularly strong, on par with others or should target for improvement.
In addition, our company’s Gardner Intelligence group now can cut Top Shops data in a variety of different ways to present the precise information you might need. For example, perhaps you’re only interested in seeing your data compared with shops that serve the aerospace industry, or those that use horizontal machining centers, or those that are located in the same region as you. It’s also possible for shops that don’t participate in the survey to purchase general reports ....

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Pandemic Continues Machine Tool Industry Downturn, but U.S. Now a Top 4 Producer

While the global machine tool industry continues its downturn, production exceeds consumption according to the 2020 World Machine Tool Report from Gardner Intelligence. ....

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Why Fast Quoting Delivers Better Business Opportunities

Why Fast Quoting Delivers Better Business Opportunities
To help job shops understand how to support the changing needs of part buyers, Paperless Parts surveyed more than 400 part buyers on their preferences for finding, selecting, and working with job shops.
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It was once OK to let RFQs pile up for days and get to them when you could. Buyers were patient and willing to wait to see who would come in with the best deal. Not anymore. With today’s accelerated business climate buyers increasingly expect on-demand services. OEM’s are facing increasing demands for flexibility from their own customers yet no longer are willing to keep large parts inventories on hand. When their plans change, they need parts in a hurry and the shops that can respond quickly with a quote and a short lead time will win the work, and perhaps at a better margin. The slower shop can lose the opportunity before their quote even ....

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Glass fiber supply chain struggles amid pandemic, economic recovery

Fig. 1. Overall business activity of glass fiber manufacturers from 2015 to early 2021, based on data from Gardner Intelligence.
As the coronavirus pandemic enters its second year, and as the global economy slowly re-opens, the worldwide glass fiber supply chain is facing shortage of some products, caused by shipping delays and a fast-evolving demand environment. As a result, some glass fiber formats are in short supply, affecting the fabrication of composite parts and structures for the marine, recreational vehicles and some consumer markets.
As noted in
CompositesWorld’s monthly Composites Fabricating Index reports by Gardner Intelligence Chief Economist Michael Guckes, even as production and new orders recover, supply chain challenges continue to persist across the entire composites (and manufacturing in general) market into the new year. ....

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