Forget the Cost – It's Time to Think About ROI

Explore factors to consider when calculating ROI and lifetime value of a machine tool.

Wade Anderson, product specialist manager and tech centers manager at Okuma America Corp. explains why you need to Forget the Cost – It's Time to Think About ROI.

Purchasing a machine tool is no small decision – it’s one that requires an evaluation beyond the initial machine tool purchase price. On the surface this evaluation can seem like a daunting task, but Wade Anderson and the Okuma team have taken the guesswork out of this process by developing an ROI calculator which includes key criteria to be considered by shops of all sizes. Using the calculation method, shop owners and operators can calculate metrics such as total profit per job, part cycle time, cost per part, margin levels and more.