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.
2| Equipment repairs and maintenance: Repair and maintenance costs are like leeches. They suck at your organization’s performance and performance expectations. Don’t just count the repair bill. How much was also lost in wages that were unproductive and revenues that were never billed? Consider all departments when answering this, not just the department whose equipment required repairs.
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