Applications
Capital Equipment Justification
Investment in new plant and equipment by today’s manufacturing
industry is at an all-time high. So it’s even more crucial
that the return on that investment is guaranteed. The justification
for such expenditure is often difficult to make, and clear, quantifiable,
measurable benefits and financial returns are becoming increasingly
important to support investment decisions. The case for investment
needs to be well proven and accepted at every level. ProModel provides
the ability to measure and quantify the effects of new equipment
on key manufacturing performance metrics. For example will the investment
result in solving a bottleneck and increasing production output
or merely shifting a bottleneck somewhere else. To be certain ahead
of time, and in advance of capital expenditure, companies are using
ProModel to help them analyse all the effects in advance and reduce
the risk of uncertainty.
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