Overall leadtimes lengthen
From January to February 1998, leadtimes lengthened significantly for all materials except hydraulic cylinders, which may be facing a shortage in supply, as their leadtimes increased by 24.8% in 1997.
From January to February 1998, leadtimes lengthened significantly for all materials except hydraulic cylinders, which may be facing a shortage in supply, as their leadtimes increased by 24.8% in 1997. At the same time, pumps, special fasteners, and valves appeared to meet the demand, since leadtimes consistently dropped in 1997 -- even in light of increased investment in capital equipment. LEADTIMES
Weeks Change, %
Feb 1998 1996 1997 1998*
Gears 7.8 -7.6 -1.9 -5.6
Pumps 5.3 -5 -5 -1.9
Special fasteners 6.7 -4.7 -3.4 0
Valves 4.5 -0.4 -7 -2.7
Hydraulic cylinders 4.9 -16.5 24.8 -0.5
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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.