Douglas Lacina, President of Milwaukee Cylinder, shares his insights on leveraging NFPA’s powerful statistics programs to navigate the fluid power industry with confidence.
In his testimonial, Douglas highlights the unique breadth of data available through NFPA, something he notes is rare in other industries. Whether it’s the State of the Fluid Power Industry Report or the Stats Toolbox, these resources provide invaluable insights into market trends, helping companies like Milwaukee Cylinder make informed decisions.
Here’s what Douglas finds most impactful:
- Monthly Order Intake and Shipment Projections: Stay ahead with next-month, next-quarter, and 12-month forecasts.
- Stats Toolbox: A comprehensive resource for assessing market share and understanding industry dynamics.
- Expert Economic Analysis: Access insights from economists at ITR and Oxford to align your strategy with market trends.
Douglas explains how NFPA’s statistics programs support his work:
- Employee Town Halls: Share industry trends to engage and inform staff.
- Board and Investor Meetings: Present market updates that add strategic value.
- Strategic Planning and Budgeting: Use projections to guide investments and growth decisions.
“It’s a game-changer,” says Douglas, as he recommends NFPA’s resources to all members.
Watch the full video to hear Douglas’s testimonial and discover how NFPA’s statistics programs can transform your approach to market analysis and decision-making.