Equipment Justification: Do A 360˚ Review
An experienced in-plant consultant suggests 12 crucial areas to examine when attempting to justify new equipment for your in-plant.
My response: “Let’s see what the numbers tell us.”
We owe it to our subordinates—as well as to our superiors—to ask our suppliers, our customers and our fellow associates, “What needs to change, and what opportunities have we not addressed?” I humbly (and occasionally) admit that I have a gift for “telling a story with numbers.” That’s what an effective equipment justification study is about.
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