Top Shops Executive Summary


Issue link:

Contents of this Issue


Page 22 of 23

Executive Summary SPONSORED BY AMT | IMTS 21 SURVEY METHODOLOGY The tables in this Executive Summary for directive questions are presented with survey answers listed in descending order based on the number of responses. The tables for open-ended ques- tions include the number of responses as well as the median, average, 80th percentile and 20th percentile statistics. The 20th percentile is the value below which 20 percent of answers fall. The 80th percentile is the value below which 85 percent of answers fall. When looking for a mid-point fgure, it's often best to focus on the median rather than the average. Unlike averages/means, the median better serves as the midpoint of the values because it is not distorted by a few unusually high or low values in a given sample. In a few instances, the median is 0, which indi- cates that more than half of participants for a particular ques- tion responded 0. When this is the case, it's often better to refer to the average fgure. TOP SHOPS ONLINE RESOURCES To complement the benchmarking survey, we've developed a custom digital magazine edition that contains our Top Shops articles, video and profles of the four Honors Program winners for 2015. The digital edition is found in the Top Shops Zone at . In addition, we offer our Top Shops LinkedIn group. This exclusive group—now with nearly 1,800 members—is designed for decision-makers in North American machining facilities. We've tried to keep the group solely for machine shop personnel by letting in only those who to seem ft that description. The exclusivity is part of what makes this group different and valuable, but what really makes it valuable is your participation in it. Email to join the group and add your insight. Machining Technology Applied Engineering— Yankton, South Dakota Shopfoor Practices Protomatic—Dexter, Michigan Business Strategies Chapter 2— Lake Mills, Wisconsin Human Resources Leanwerks—Ogden, Utah The Top Shops benchmarking initiative included an Honors Program to highlight select shops that performed well in each of the four main survey categories. These shops were vetted by Modern Machine Shop Senior Editor Derek Korn. Congratulations to the following Honors Program winners for 2015. TOP SHOPS HONORS PROGRAM 2015 Award Winners ABOUT MODERN MACHINE SHOP MODERN MACHINE SHOP 6915 Valley Avenue • Cincinnati, Ohio 45244 Phone: 513-527-8800 • Fax: 513-527-8801 Modern Machine Shop is the fagship magazine of publisher Gardner Business Media located in Cincinnati, Ohio. Since 1928, the magazine has focused on the application of advanced machining technologies by shops and manufacturers serving a wide range of industries.

Articles in this issue

Links on this page

Archives of this issue

view archives of Top Shops Executive Summary - 2015