MPIF simplifies data collection and offers enhanced reporting with new PMPA annual financial performance survey

December 15, 2015

Dynamic Benchmarking, a provider of customised online benchmarking and reporting solutions based in New Hampshire, USA, has announced the launch of a new interactive survey and data reporting tool for use by the Powder Metallurgy Parts Association (PMPA) of the Metal Powder Industries Federation (MPIF). The web-based platform modernises a long-standing financial performance study to better serve the needs of individual members and the industry as a whole by simplifying data collection, analysis and reporting.

MPIF selected Dynamic Benchmarking to automate the data collection and analysis process for the PMPA Annual Financial Performance Survey. This comprehensive study collects financial, operational, injury and illness, compensation and sustainability data from PMPA members. The survey and its resulting reports have been longstanding member benefits for over 25 years.

“The Annual Financial Performance Survey has long been an integral part of the PMPA value proposition,” stated Jim Dale, Vice President of Member and Industry Relations for MPIF. “In recent years, member involvement has far surpassed simple participation and grown into an industry partnership where member input has extended into the continued improvement of the study.”

Prior to the Dynamic Benchmarking platform, the study was conducted via email with data consolidated and manipulated using spreadsheets to create a series of static reports and graphs that were distributed to members on disks. While comprehensive, the process was daunting and time consuming and the ability to provide customised reports was not feasible.

“We wanted a simpler, less manual process and we found that, and more, with Dynamic Benchmarking,” added Dale. “We’re hopeful that once our members experience how simple and robust this program is, participation in the study will increase.”

In addition to collecting data for fiscal year 2014, the new benchmarking platform will archive previous years’ data securely online, offering members the added benefit of on-demand access to that information.

www.mpif.org  

www.dynamicbenchmarking.com 

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Burgess-Norton and Amsted Automotive: How a legacy automotive supplier is growing with, not despite, electrification
  • Meeting sustainability demands in PM: High-temperature sintering of nickel- and copper-free powder mixtures for low alloyed PM parts
  • World PM2022: An overview of the status and trends in the global PM industry
  • A novel approach for the production of metal powders with tailored chemical compositions: Amazemet’s rePowder
  • Productivity, flexibility, reliability: SACMI’s new press technologies for the changing PM industry
  • Understanding the thermal properties of metal powders: Characterisation of powders using the Hot Disk technique
  • World PM2022: Views on the potential of Field Assisted Sintering for advanced materials

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link