Solomon Coyle Launches YE2024 Operational Performance and Financial Benchmarking Survey
This industry-leading survey provides distributors with standardized performance comparisons, empowering them to make data-driven decisions for higher profitability and operational excellence. Submissions are due by Monday, April 21.
Unmatched Insights for Contract Distributors The survey is open to aligned distributors of Allsteel, Haworth, Kimball Int’l, MillerKnoll, Steelcase, Teknion, and non-aligned distributors alike, ensuring the broadest participation and the most comprehensive dataset.
Shelley Rosetta, principal, encourages all distributors to participate, saying, “The financial benchmarking survey data provide clear, consistent comparisons to identify key opportunities for improvement which empowers leaders to navigate challenges and drive meaningful growth with confidence.”
Exclusive Benefits for Participants Upon validation of their completed surveys, participants will gain access to the Benchmark Survey results, which offer invaluable insights into industry trends, performance benchmarks, and opportunities for growth. These results help define actionable strategies for improving performance, profitability, and shareholder value.
Key details
- No Cost to Participate: Dealers can participate in the Benchmark Survey at no charge.
- Reporting Requirements: Participants must submit one overarching survey for their enterprise.
- Multiple Submissions: Dealers who wish to submit surveys for branches or subsets of their enterprise will need a SCi3 subscription.
- Simplified Submission Process: The survey has been streamlined for easier and more efficient completion.
- Advanced Data Mapping Tool: A user-friendly Excel workbook designed to simplify survey completion and boost efficiency for future submissions, complete with video tutorials.
- New Comprehensive Guides: Calculate key financial metrics, and determine services for COGS and Residuals.
Our Research and Business Analytics specialists are here to support you—whether you’re new to the process or a seasoned participant. The team is ready to answer questions and ensure a smooth, stress-free experience.
About Solomon Coyle
Solomon Coyle is a trusted resource for contract distributors, offering research, benchmarking, and consulting services designed to elevate business performance and profitability. Through initiatives like the Benchmarking Survey, Solomon Coyle leads the industry in delivering actionable insights and driving success.