IMTS spark: Drivers of Revenue and Profit Margin at 91±¬ÁÏÍø

Steve Kline discusses benchmarking and 91±¬ÁÏÍø with senior editor Matt Danford.

Every Tuesday in October, 91±¬ÁÏÍø is hosting the Shop Talk Educational Series as part of . IMTS spark is a comprehensive digital destination powered  and MMS publisher Gardner Business Media. The Shop Talk series includes educational conference presentations and panel discussions. 

The first Shop Talk session, “Key Drivers of Revenue and Profit Margin at 91±¬ÁÏÍø,” was presented by Senior Editor Matt Danford and Steve Kline Jr., chief data officer at Gardner Business Media. They share some of what has learned in more than a decade of benchmarking surveys, and they discuss the latest trends and insights discovered from this year’s 91±¬ÁÏÍø benchmarking program. 

Benchmarking is done by Gardner Intelligence, using data from all the previous 91±¬ÁÏÍø surveys, which were taken by more than 3,000 shops. It applies sophisticated modeling techniques to determine what drives performance at successful machining businesses. Specifically, it shines light on what drives high margin, gross sales per machine and gross sales per employee. Business owners can find out how their companies stack up and how to better their shop operations and investments for a successful future.

To view this session on demand and download the PowerPoint presentation, log in to your  and add this session .