For the past five years Gardner Business Media, has annually surveyed CNC machine shops to find out how the top performers get that way. The 2015 study participants break down this way: 46% are independent job shops performing short run and non-repeating work; 38% are shops that have contracts for repeating work; and 16% are captive shops of larger manufacturers.
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Why are some CNC shops more successful than others? There could be many reasons why an individual shop fails or succeeds, but what are the common denominators among higher performing CNC shops? Surveys conducted by Gardner Research help us understand what highly successful shops are doing to grow by twice the national average with gross sales 20% higher.
Read MoreTags: Productivity, CNC Machine Shops, Gardner Business Media
Gardner Research conducts annual surveys of CNC machine shops to help identify common traits that breed greater success. Naturally, much of their findings involve a focus on advanced machining technologies as a way to improve productivity and profitability. However as important as it is to have the right equipment and applications expertise, there are a number of less obvious factors that higher performing CNC machine shops have in common. Here are 5 important ones: