Author Archives: Pete Alles

Internet of Things / IoT Committee
The NFPA Internet of Things Committee held a conference call December 12 to discuss the results of the recent survey of members concerning IoT capabilities and what the results mean for plans going forward. The conclusions they made, based in part on the survey, are that: There’s an opportunity for the Committee to create a...

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Internet of Things / IoT Committee
NFPA’s Internet of Things Committee is moving forward in developing resources and programming aimed at building a stronger awareness of IoT and IoT approaches for fluid power, including: Web-based IoT resources for members; Conference and webinar programming on IoT strategy and tactics; Recruiting IoT service providers into membership; Surveying members to benchmark the current state...

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Internet of Things / IoT Committee
Members of NFPA’s new Internet of Things Committee recently began scoping out activities to help NFPA bring useful information about IoT and fluid power to members. The committee agreed on two initial projects moving forward: An email-based survey of members to benchmark the current state of IoT activity within the fluid power industry. Respondents will...

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Collaboration
The Industrial Internet of Things is developing rapidly, with the potential to transform products, services, markets, and how people and businesses function. Fluid power as a technology, and as an industry, is no exception. Explore ways to make your company as well as the fluid power industry survive and thrive during these times of change...

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Industrial Internet of Things
Back in February, the NFPA Board of Directors identified the Industrial Internet of Things (IIoT) as a development trend NFPA should be watching in order to consider how we might help members and the industry leverage IIoT as part of our mission to strengthen the fluid power industry. NFPA’s Supplier membership was also recently rewritten...

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NFPA News
It’s been a solid growth year for the fluid power industry overall, and if you missed the 2018 NFPA Annual Report, it’s been a great year for the association as well. Thanks to member support, NFPA market information programs, many of which depend on member participation, continue to be a reliable source of predictive information:...

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Imports and exports of fluid power
The U.S. International Trade Commission recently posted full 2017 trade data to its website.  The data is made available in a huge searchable database, but fluid power products are scattered across a series of NAICS codes. To get all the fluid power products in one place, take a look at NFPA’s Annual Fluid Power Import-Export...

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NFPA member news
Eighteen months ago we reported the somewhat disordered state of NFPA websites and our plan to clean up the mess.  It’s been a long and occasionally painful process, but with the December 19 launch of a new NFPA.com site, we’re almost there. What's different is that content is now organized more intuitively across our sites,...

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Profit Report, Financial Benchmark Survey
Also known as the PROFIT Report, and conducted with the help of the Profit Planning Group, this annual survey helps distributors benchmark financial performance on indicators that relate directly to profitability. Each participating company will receive a confidential Performance Analysis Report that directly compares performance and profitability with groups of peer companies. Participants also receive...

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NFPA introduces PROFIT Report in 2018
Long popular with distributors in fluid power and other industries, the Profit Planning Group’s survey-based PROFIT Report will be available to NFPA member distributors starting in January. The survey can be filled out using balance sheet and income statement information, as well as operations information such as staffing numbers and sales breakdowns by product type...

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