Financial Benchmarking with the DSC Report
MHEDA has been dedicated to offering benchmarking resources to help members understand their profitability level and how they compare to their competition. In this course, MHEDA members give a first-hand account of how and why they use the DSC report in their businesses. They discuss the major data points in the report to explain what the data means, why that might be happening, and how to use it to implement change and strengthen your business.
The course includes:
- About the DSC Report (1:05)
- Why Benchmark? (3:34)
- Profit Margin (5:19)
- Financial Leverage/Debt to Equity (3:30)
- Operating Expenses (3:52)
- Asset Productivity (2:30)
- Employee Productivity (6:27)
- Aftermarket Operations (4:23)
- Margin by Product Category (7:26)
This course will review data from the 2023 Industrial Truck DSC Report. Reports are also compiled for Storage & Handling and Engineered Systems.
Member Price: FREE
About the DSC Survey & Report:
The MHEDA DSC (Distributor Statistical Comparison) Report is an annual financial benchmarking study that independently and confidentially analyzes financial data from MHEDA distributor and integrator members to provide key insights into how high-profit firms generate better profit numbers. It focuses intently on the key profit drivers – growth, gross margin, expenses, inventory turnover and accounts receivable collections. Survey participants receive a customizable, interactive dashboard for financial benchmarking. Learn more at www.mheda.org/dsc-survey.
Jeremy has a background in product design and business development and most recently as CEO of an IoT company in the mobility industry. Jeremy currently leads MHEDA’s Master Manager Program, hosted by his company Goalmakers. MHEDA’s Master Manager Program helps managers develop leadership skills, as well as financial fundamentals. The Master Manager Program weaves MHEDA’s DSC Benchmarking Results into the curriculum where Jeremy speaks to the financial trends of each report.
Alliance Material Handling
All Lift Services
Membership & Advocacy Manager
Register yourself and/or other employees of your company!
Click the button below to register yourself or other employees for this course. You will be able to register multiple employees at the same time. Once you complete the registration, you will receive an order confirmation receipt and each registrant will receive an email confirmation with a link to access their course. The registrants will have access to the course for 90 days from the date of registration.
Member Price: FREE