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EQUIPMENT JUSTIFICATION Training
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ARE YOU EXPERIENCING ANY OF THESE CHALLENGES?
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Think new machinery will make
your operations more efficient? |
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Identified repetitive processes and wondering
if they could be eliminated or be more cost-effective with new
equipment? |
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Considering investing in new equipment or
replacing old? |
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Need accurate numbers to obtain financing
for capital expenditures? |
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Wish you could weigh the financial implications
of alternative equipment purchase decisions? |
…If the answer is "Yes,"
then MMEC's Equipment Justification
training may be what you need.
PREREQUISITE: None
Course Description:
New equipment must pay its way. Upon taking this course, participants
will be able to analyze and answer the question, "Is it feasible
and financially responsible to purchase this equipment?" The
course will review the process of analyzing equipment purchases
by comparing the cost of the new equipment against the sum of the
increased output and quality, combined with the reduced labor, materials,
and equipment costs. Participants will learn how to gather and analyze
data on the current and expected process times, waste factors, quality
improvements, and other cost comparisons.
LEARN HOW TO:
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Assess equipment purchases
using unbiased, logical, and quantifiable analysis. |
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Become more confident that your equipment
purchases will have a positive impact on your bottom line. |
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Compare the cost/benefit of old versus proposed
new equipment. |
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Identify and quantify the costs and benefits
associated with a particular piece of equipment (new or old). |
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Quickly gather and analyze data that will
contribute to your equipment analysis and purchase decision. |
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Clearly present equipment justification
analysis to bankers or other capital lending sources. |
WHO SHOULD PARTICIPATE: Company
owners and business/financial managers.
COURSE LENGTH & FORMAT: 4
Hours; classroom presentation, case studies, discussion and Q&A.
CLASS SIZE GUIDELINES:
Public Event: 10 minimum
Private Company Event: Variable (depending on company demand)
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ADDITIONAL INFO
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MMEC Field Engineer
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