Page 15 - MetalForming March 2014

Best Practices
Industry Served
40% 30% 20% 10%
0%
38%
5%
6% 3%
1%
8% 6%
9%
11%
13%
Annual Revenues in Millions
40%
30%
20%
10%
0% Less than
$5 million
38%
$20-49 million
20%
More than $50 million
11%
16%
14%
$5-9 $10-19 million million
Number of Employees
50% 40% 30% 20% 10%
0%
19% 15%
39%
100 to 249
9%
Less than 20
20 to 49
50 to 99
11%
6%
250 to 500 500+
areas of management, quality and productivity. Survey par- ticipants represent a broad cross-section of the metalform- ing industry.
• Some 40 percent of respondents primarily supply the automotive industry. Industrial/consumer hardware and agriculture/off-highway were the next highest industries represented, comprising approximately 10 percent each.
• Close to 40 percent have sales from $20 to $49 million, and 20 percent record sales exceeding $50 million.
• 39 percent of survey participants employ between 100 and 249 associates, 19 percent employ 50 to 99 associates and 15 percent have 20 to 49 employees; 85 percent have a nonunion workforce.
The survey helps companies benchmark their perform- ance against the industry average for a number of financial and operational metrics. Survey participants also can com- pare their performance against best-in-class performers
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MetalForming/March 2014 13
Automotive/Light Truck Aerospace
Agriculture/Off-Highway Truck Heavy
Electronics Telecommunications Industrial/Consumer Hardware
Medical Appliance/Home Products
Other