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US Cutting Tool Institute
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Your Complete Guide to Inventory Forecasting
An accurate inventory forecast is invaluable, especially when supply chains and consumer demand are changing rapidly. Effective inventory forecasting can mean the difference between profitability and piles of unsold goods that eat up your available cash.
Jul 1st, 2021
Cutting Tool Orders Continue Slow Recovery Through Early 2021
Supply chain challenges, reluctance in a portion of the workforce to return and rising material prices were cited as possible drags on the market.
May 12th, 2021
US Cutting Tool Consumption Sunk 22% in 2020
Orders picked up steadily after bottoming out at down 36 percent year-over-year in May, but still have a long way to go to comparative breakeven.
Feb 17th, 2021
September US Cutting Tool Orders Up 15% From August, Sparking Optimism
Though still down 20 percent year-over-year, the market's continued recovery has been far better than anticipated during the spring.
Nov 17th, 2020
August US Cutting Tool Orders Down 33.5% YoY
Though down only 0.2 percent from July, consultants say orders appear to have found a bottom in August.
Oct 21st, 2020
July US Cutting Tool Orders Down 31% Year-Over-Year
The chairman of the Association for Manufacturing Technology said, "It is clear that the climb to better sales volumes will be extended and bumpy.”
Sep 17th, 2020
June US Cutting Tool Consumption Up 10% From May
Though still down nearly 25 percent from a year earlier, the numbers are trending toward the positive.
Aug 12th, 2020
May US Cutting Tool Orders Down 36% YoY
AMT's Cutting Tool chairman says estimating when recovery will arrive is still anyone's guess.
Jul 20th, 2020
March Cutting Tool Orders Tick Up from Feb.
Year-to-date orders were down 9% through March and are expected to worsen as Q2 shows the full impact of COVID-19.
May 18th, 2020