Chicago, Illinois – There is a lot more to justifying a capital investment than the purchase price of a machine tool. Many other factors have a big impact on the effectiveness and profitability of a new machine. This presentation will demonstrate how you can accurately justify making an investment in new equipment that will yield the lowest piece-cost - and maximize profits! In order to make a wise investment one must understand the costs involved, the tangible and intangible benefits, and the cost of not making the investment, and finally, how to accurately calculate the payback.
About the speaker
Jeffrey Reinert, president & CEO of INDEX Corp., has been in the machine tool industry for over 30 years. He has held positions in both Management and Sales Engineering. Prior to joining Index in 2008, Jeff owned a distribution company for machine tools in Indiana. Jeff is one of the founding members of CMTSE and was both a chapter and board member of the South Bend Chapter for Society of Manufacturing Engineers.
Registration for the IMTS 2016 Conferences opens this month.
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