In today’s unprecedented business environment, making decisions based on facts has never been more important for package printers and converters. Successfully navigating the weeks and months ahead will require businesses to monitor reliable industry business indicators. In an effort to help firms come out stronger on other side, the combined NAPCO and SGIA research teams launched an industry-wide initiative to measure key business indicators today and in the future.
We need support of the industry and are looking for package printers and converters to take our 3 to 5 minute survey: https://www.research.net/r/CV191NPKBP
All results collected will be kept strictly confidential and reported in the aggregate. High-level results of the research will be published on NAPCO Media and SGIA websites and include:
- The most up-to-date indexes of business indicators to show how the industry is reacting to the economic environment
- Analysis of these indicators
- Actions organizations are taking to protect their companies from the effects of the COVID-19 crisis.
The ongoing research effort will track and report on the following key business indicators:
Leading Indicators
- Work-on-hand
- Quote activity/estimates
- Production payroll hours
- Confidence
Coincident/Lagging Indicators
- Sales
- Production/amount of work
- Employment
- Prices
- Pre-tax Profitability
Companies that participate in the research will receive exclusive, in-depth analysis reports of our COVID-19 research findings that are not made publicly available. Participants will also be invited to join an ongoing research panel to continually update business indicators. Panel participation requires members to take short surveys on an ongoing basis. All results collected will be kept strictly confidential and reported in the aggregate.
This essential initiative will provide key and ongoing benchmarks to help packaging printers and converters optimize decision making in unprecedented economic conditions. After the crisis ends, the research will provide ongoing benchmarks to support business planning.
In addition to packaging, the research will monitor the following other industries
- Commercial printers
- Graphic and sign producers
- Apparel decorators
- Functional printers
We hope you will join our initiative and help us to deliver critical industry measures and indicators. Take the survey now https://www.research.net/r/CV191NPKBP
Lisa Cross is the principal analyst of NAPCO Research (a unit of NAPCO Media) where she conducts market research and analysis on emerging trends and changing dynamics in the commercial, in-plant and packaging industries, and the market forces that are driving those changes. With decades of experience covering the graphic arts and marketing industries, Cross has authored thousands of articles on a variety of topics, including technology trends, business strategy, sales, marketing and legislation.