CRAVE TECHNICAL’S ROI GUIDED AUTOMATION PROCESS
Crave Technical can work with you to identify current and projected costs to determine if the project will meet your financial objectives.
When considering an automation project, the financial feasibility of the project must be considered. Project feasibility is determined using a return-on-investment (ROI) analysis, which compares the cost of the project against the economic benefit.
The analysis takes into consideration:
- Headcount reduction
- Estimated scrap reduction
- Work-in-process (WIP) elimination
- Costs to operate and maintain the new equipment versus the current process
- The output of the analysis is the break-even point and the rate-of-return of the project