section 2 of 3: Roi considerations
Many companies consider labor reduction alone in their ROI calculations. Most automation systems are not equal, so comparing vendors can be difficult. In other words, considering price alone is generally not the best approach.
Consider these contributing factors to ROI:
Revenue per square foot density
Ongoing maintenance cost
Improvement in employee perception of their factory
Improvement in customer perception of your factory
Use the button below to download our Automation ROI Calculator (.xlsx) and plug in your own numbers to see what kind of a return you can expect on your investment. When you’re finished, please proceed to Section 3 to finish your application.