Measuring the ROI in manufacturing is key to being profitable and being able to stay in business. To understand this metric an engineer, analyst or business owner will need to look at several main areas to break observations down into actionable information. Here’s what you need to know about measuring ROI in manufacturing.
How to Analyze the Cost?
To determine the ROI on the purchase of new manufacturing equipment, you’ll first need to examine the costs. Here is a sample list of considerations to determine..