MAPI — Manufacturers Alliance News and Reports — Global Outlook and More

A weekly round-up of the MAPI resources available to NFPA members through NFPA’s membership in MAPI. 

MAPI

Issues in the Brief

Survey: Utilizing Technology to Expand Tax Capabilities
MAPI and PwC recently collaborated on a survey of MAPI’s tax council members to evaluate their tax function and determine…

In the Global Outlook, the Only Constant Is Change
The changes in the global economic picture have been the most consequential since Bretton Woods, with new powers, dramatic crises, and constant change. The bottom line in the outlook is that we’re still in a slow-growth world, one struggling to adjust to post-recession dynamics.

Parker Hannifin Uses Opportunity Thinking to Drive Growth
Parker Hannifin, a global leader in motion and control technologies, needed to develop a strategic vision within their Electromechanical Automation business. Leadership wanted to determine where they were uniquely advantaged to drive investments in fewer, but bigger, initiatives.

The Disappointing Truth About Diversity and Inclusion for U.S. Manufacturers
Even though two-thirds of surveyed U.S. manufacturers have focused on recruiting and retaining women and/or minorities for a number of years, these strategies have not improved diversity in the sector.

A New Buyer’s Journey: Ensuring You Have the Technology and Processes to Succeed
The buyer’s journey has changed, and B2B manufacturers have been slow to adapt. They’re underinvesting in key areas like digital marketing, lead management systems, and other tools to enable faster growth. As a result, they’re not connecting with an increasingly large segment of buyers to whom the Internet is second nature.

 

Economic Update

How Important Is U.S. Manufacturing Today?
Manufactured goods are ubiquitous at home, in transit, and at work, but the narrow definition of manufacturing industries in national statistics implies that the sector is of only minor importance to economic activity. The traditional finding is that manufacturers’ proportion of gross domestic product (GDP) is only about 11% and manufacturing’s share of economy-wide full-time equivalent employment is just 9%.

U.S. Industrial Outlook: Growth Acceleration Is Around the Corner
Manufacturing industrial production was essentially unchanged in the first quarter of 2016 and then fell at a 1% annual rate in the second quarter. July production grew at a 6% annual rate, so the third quarter is off to a good start. The strong July begs the question of whether the month’s growth was a fluke.

Recent Posts

NFPA Seeking Volunteers for Electrification in Fluid Power Task Force

Deadline to Respond is August 18, 2022 Electrification is a buzzword throughout most industries now and is a common topic being discussed at conferences, events, and board rooms. While many businesses and industries have already embraced electrification, others are still working to understand the impacts, opportunities, and decision points to make. To add further confusion,…

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In Memoriam: Tom Wanke

The National Fluid Power Association is saddened to share the news that Tom Wanke, CFPE, director of the Fluid Power Industrial Consortium and Industry Relations at Milwaukee School of Engineering, passed away June 21, 2022. “Tom’s impact on the fluid power industry will be felt for generations,” said Eric Lanke, president and CEO of the…

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Meet a Fluid Power Scholarship Winner – Brendan McCluskey

Programs like the Fluid Power Scholarships are made possible in part by the generous support of industry volunteers as well as NFPA Education and Technology Foundation and Pascal Society donors. Support these efforts by making a donation. The NFPA Education and Technology Foundation has awarded nineteen $2,000 scholarships to students pursuing fluid power technology fields of study. Here’s one of the winners, Brendan McCluskey.…

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