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.
Like this post? Share it!
Recent Posts
Allison Forsythe Speaks About the Value of Participating in Standards Development
We’re excited to share a new onboarding video from Allison Forsythe, your Standards and Program Manager at the National Fluid Power Association (NFPA). In this video, Allison highlights the important work we’re doing in standards development and how you can get involved. At NFPA, we manage both domestic and international standards, including those through the…
Enhance Your 2025 NFPA Annual Conference Experience By Bringing a Guest
2025 NFPA Annual ConferenceFebruary 25-27, 2025Tucson, AZRegistration Now Open The 2025 NFPA Annual Conference is not just about professional growth—it’s an opportunity to connect with your peers, your industry, and even your loved ones. As always, we’re offering an inviting Spouse/Guest Program that encourages you to bring someone special along to share in this experience.…
NFPA Executive Leadership Program Dives into the Art of Negotiation
The NFPA Executive Leadership Program is an in-depth and interactive program that helps emerging leaders in the fluid power industry develop their network and advance their management and leadership skills through tailored content. Its sessions are presented in collaboration with the Kellogg School of Management at Northwestern University, with Kellogg faculty helping to curate interactions among…