Summary
Manufacturing Automation ROI is Tragically Undervalued by Small and Medium Manufacturing Companies If you ask leadership at the average American manufacturing company, “How are automation investment decisions made?” You will inevitably hear “We calculate the ROI, and if there is a return in under X months, we make the investment." This is not bad business thinking. However, most manufactures are incorrectly calculating their ROI. This is because they are only considering the most basic values of automation investment.
Astute executives quickly weigh an investment decision with a narrative that parallels the Story of John Henry, the Steal Driving Man. […]
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