Leadtimes see a decline
The latest survey reveals that leadtimes decreased from May to June, although the trend for the rest of the year will be an increase in leadtimes.
The latest survey reveals that leadtimes decreased from May to June, although the trend for the rest of the year will be an increase in leadtimes. At present, supplies of these components seem plentiful, as indicated by falling leadtimes for the last 12 mo, with the exception of hydraulic cylinders, whose leadtimes have lengthened from 4.8 wk (June 1997) to 6.4 wk (June 1998), an increase of 33%.
Annual Salary Survey
After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.