Adhesives Blog

Surviving the Recession (8/31/09)

August 31, 2009
IPC survey results show that electronics manufacturers are responding to the recession with constructive and forward-looking initiatives.

IPC - Association Connecting Electronics Industries® has released the results of its latest Fast Facts survey, Survival Strategies and Success Measures in the Electronics Industry. With data from a representative sample of electronics OEMs, EMS companies, PCB manufacturers and suppliers, the survey reveals the strategies companies are using to weather the recession, the recession’s impact on their relationships with suppliers, and how they measure success.

          Survey results show that electronics manufacturers are responding to the recession with constructive and forward-looking initiatives, such as targeting new markets and developing new products and services, to increase revenue. These initiatives will help them emerge from the recession with more potential customers and new offerings in the pipeline, and the benefits will be long lasting. They are also making long-term investments in process improvement, staff development and upgrading facilities and equipment.

          On the cost-reduction end, changing suppliers or renegotiating supplier contracts was the most highly rated strategy for its impact on the bottom line. Administrative decisions such as salary freezes and travel cuts were also cited among those having the highest impact.

          In addition to tracking basic revenue and profit, most companies in the industry also measure their sales growth rates, cost of goods sold as a percent of sales, and return on sales.

         What is your company doing to weather the recession? Leave a comment below.


You must login or register in order to post a comment.



Image Galleries

ASI April 2014 Photo Gallery

Our April 2014 issue is now available!


ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

Adhesives & Sealants Industry Magazine

ASI July 2015 issue

2015 July

The July issue features our annual Distributor Directory! Be sure to check it out!
Table Of Contents Subscribe

"Cultural Fit"

A recent opinion piece in the New York Times observed that new employees are often hired based on the personal similarities they share with their interviewers. How important is “cultural fit” when hiring someone?
View Results Poll Archive


Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

ASI 2014 Buyers GuideASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 


facebook_40px twitter_40  youtube_40pxlinkedin_40 google+ icon ASI 30px

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.