Shops throughout the automotive industry face many common challenges from part quality and cost reduction to the most critical factor – on time delivery. While the challenges are the same, the approaches to manufacturing and part machining can differ greatly from one tier to the next.
Manufacturers typically purchase new equipment to obtain higher capacity or improved methods and technologies for production. With a significant capital investment, the purchase price is always carefully examined to determine return on investment (ROI) for these new CNC machining centers, but it can be challenging for many shops to calculate the true ROI. Most manufacturers focus only on equipment price when making calculations and neglect to evaluate the total life cycle cost or anticipated performance of the equipment. This oversight can often dwarf the original purchase price.