Fluid Power Journal

New! NFPA Financial Benchmark Survey Available for Distributor Members

The NFPA Financial Benchmark Survey, also known as the PROFIT Report, and conducted with the help of the Profit Planning Group, is an annual survey that helps distributors benchmark financial performance on indicators that relate directly to profitability. Participation is required to receive the results, which include:

The NFPA Financial Benchmark Report: A financial and operating profile of all participating members using metrics in sales, gross margin, expenses, inventory, assets, employee productivity, and operations to identify what really influences profitability.

Performance Analysis Report: A confidential report sent directly to you comparing your firm with your peers. The report ranks you in every important metric and helps participants identify how they can improve their profits.

Profit Dashboard: An interactive tool to help you plan financial improvements and compare your company to others.

This survey takes under an hour to complete, and it’s free to participate. Watch the mail for the survey, which should arrive the week of January 22. The submission deadline is April 5, 2018. Contact Pete Alles at palles@nfpa.com with questions.

Confidentiality Information: All survey data goes directly to the Profit Planning Group for aggregation, reporting, analysis and assurance of confidentiality. Reports present only aggregated results. Masking procedures are used so no individual firm data can be identified, and survey forms are destroyed after processing. NFPA will never see your data.

 

Share this information.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Sponsor

Sponsors

Get Our Enews!

Sign up for the FPJ Insider Guide

Sign up to receive fluid power industry news, economic updates, professional development content, and product news delivered right to your inbox.

We will never share your data with a third party without your permission. Adjust your email preferences at any time, and unsubscribing is quick and easy.

Fluid Power Journal Resources