Tuesday, August 15, 2023

Quarter 2 Diving Equipment Manufacturing Purchase Index (MPI) Data Now Available

 DEMA has released quarter 2 data for the Diving Equipment Manufacturing Purchase Index (MPI). The data includes New Orders and Inventories in key diving equipment Categories.

Data from the newly released MPI data covers quarter 2 (Q2) of 2023 and compares it to Q2 2022 and Q1 2023. The data is available in two different reports, Category and Equipment Type, both of which are available in the DEMA Store.

DEMA’s MPI is unique in that it captures aggregate trend data for New Orders and for Inventory in stock on a quarterly basis.  Participating manufacturers report to an independent third-party administrator (TPA) to ensure their data remains confidential and secure. Reporting consists of companies comparing their data points in the current reporting period to those in the previous quarter, as well as to the same quarter during the previous year. 

  • New Orders: Reflects the levels of new orders received from customers.
  • Inventories: Reflects the changes in inventory levels in stock at the time of the report.

Data is aggregated for all participating companies by the TPA and made available for review. No individual company data is reported. The reported data combines domestic (US) with international information.

For both New Orders and Inventory, the trend data in the available MPI report is read as a percentage from 0 to 100:

  • An MPI reading equaling 50 percent indicates no change.
  • An MPI reading of less than 50 percent indicates a contraction.
  • An MPI greater than 50 percent indicates an expansion of new orders or inventories, as compared with the previous quarter or previous year.

The further from 50 percent (in either direction) the greater the level of change (trend) has occurred during the reporting period.

Aggregated data is available on both Equipment Type and Category. The Category definitions can be found within the report and include Soft Goods, Exposure Protection, Hard Goods and Accessories and Bags.  Each Category is further defined within the reports as Equipment Types, and include regulators, BCs, fins, masks, snorkels, wetsuits, drysuits, and more.

Reporting companies receive the aggregated data from the TPA that includes all the detailed Equipment Types in the Categories in which they report. These companies also earn seniority space selection points connected to DEMA Show, enabling them to select exhibit space at the Show before other, non-participating companies.  All DEMA Member Manufacturers selling equipment included in the study are eligible to participate.

DEMA Members can download the broad Category reports at no cost, and non-members can pay a non-member rate for this data.  DEMA Members also have access to more detailed Equipment Type data at member rates, while others can purchase this data at non-member rates. Both the Category and Equipment Type, both of which are available in the DEMA Store.

DEMA is excited to again make valid manufacturing data available for the Industry! For more information, see the MPI reports for Q2 2023.

Interested in participating? Apply to be part of the MPI here.

Tuesday, August 1, 2023

Slate Announced for 2024-2026 DEMA Board of Directors Election

DEMA is pleased to announce the nominees for the 2024-2026 DEMA Board of Directors are: 

Category A1 – Manufacturers, Distributors and Affiliated Field/Sales Representatives:

  • Mike Hollis, PROASIA Design Co, Ltd. (Incumbent)
  • Jason Leggatt, Shearwater Research Inc. 
  • Patrick Danko, Garmin

Category A2 – Diver Certification and Training Agencies, and Affiliated Field/Sales Representative:

  • Jeff Mondle, PADI Americas (Incumbent)

Category A3 – Dive Publishing, Media, Dive Industry Consulting, Associations & Non-Retail Service Providers:

  • Jerry Beaty, Dive Training Magazine
  • Jeffrey Bozanic, Next Generation Services
  • Dan Orr, Dan Orr Consulting (Incumbent)

Category A4 – Retail Distribution of Diving Goods & Services:

  • Richard Thomas, International Scuba
  • Allison Fontaine-Trainor, Scuba Trainors, LLC dba Dive On It Scuba 

Category A5 – Dive Travel Provider or Resort:

  • Jason Belport, Clearly Cayman Resorts
  • Shana Phelan, Pura Vida Divers LLC 

DEMA Members interested in running in the 2024-2026 Board election can still be included on the ballot by becoming write in candidates. For further details and deadline information interested Members should complete the Board Election Write In Nominee Request.  

NOTE: Write-in candidates and those petitioning for them must be current 2023 DEMA Members AND must be renewed for 2024 by January 16, 2024, the date of record for the election. Deadline to petition for a write-in candidate is September 11, 2023. 

For membership information please contact membership@dema.org or (858) 616-6408. In accordance with the DEMA Bylaws, Directors serve three-year terms.  More information on DEMA's Board of Directors and Bylaws is available on DEMA.org.