Project justification is critical to driving corporate competitiveness
Clearly, any new automation project requires economic justification. Although this often involves hard “dollars and cents” quantification of cost savings from increased production, reduced raw material costs, or increased uptime, it is also about “soft” benefits, such as reducing risks and improving agility. All contribute to making your company more competitive. This article will focus on the latter, while also highlighting considerations for the former.
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by Dick Hill (DHill@arcweb.com) is vice president and general manager of ARC’s manufacturing advisory services. Hill is responsible for developing the strategic direction for ARC products, services, and geographical expansion. He is also responsible for covering advanced software business worldwide. In addition, he provides leadership for support of ARC’s manufacturing advisory service team and clients.
from InTech