EQUIPMENT JUSTIFICATION
Does my company need Equipment Justification Assistance?

• Looking at investing in new equipment?
  
• Replacing old equipment?
• Need accurate numbers to obtain financing?
• Think the purchase of new machinery will make operations more efficient?
• Identified any repetitive process(es) that may be eliminated or be more cost effective with new equipment?
  

If YES, your company may benefit from Equipment Justification Assistance…

Equipment Justification Assistance is…
justifying an investment in equipment by proving the equipment is both necessary and profitable. Equipment Justification confirms that the equipment can perform process(es), that capacity fits need, and that it is cost effective. (New equipment must pay its way.)

What are the benefits; why do I need to take the time and effort?

• Ensures purchasing the most appropriate equipment
• Financially justifies equipment purchase, a language bankers understand
  

How can MMEC help implement an Equipment Justification project?

MMEC works with you and your team to examine your equipment needs. Together we answer the question, "Is it feasible and financially responsible to purchase this equipment?" Initially, we assist you in defining what equipment best fits your needs based on the processes performed and capacity required. Then we help you determine if the equipment purchase is financially justifiable by comparing the cost of the new equipment against the sum of the increased output and quality, and the reduced labor, materials, and equipment costs.

Specifically, we help you gather and analyze data on the current and expected process times, waste factors, quality improvements, and other cost comparisons.