Makino
In today’s highly competitive market, it’s essential for manufacturers to implement new technology that improves production and increases efficiency. Many manufacturers will research low-cost solutions as well as high-performance machinery. While a standard return on investment (ROI) analysis only focuses on equipment price, to accurately measure the cost/benefit factor for each, it’s vital to calculate true ROI.
1) WHAT SHOULD I INCORPORATE WHEN CALCULATING TRUE ROI?
In addition to including acquisition costs in the ROI calculation, you’ll also want to examine how the equipment will impact operating costs, maintenance costs, and decommissioning costs.
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