Topic Track: Plant Operations
Session Topic: Cost Justification
There is a lot more to justifying a capital investment than the purchase price of a machine tool. Many other factors have a big impact on the effectiveness and profitability of a new machine.
This presentation will demonstrate how to accurately justify making an investment in new equipment to yield the lowest piece-cost. To make a wise investment one must understand the costs involved, the tangible and intangible benefits, the cost of not making the investment, and how to calculate the payback.
Index Corp. is the North American subsidiary of the Index Group, one of the world’s leading providers of CNC turning machines. Via the Index and Traub brands, we offer standard-setting Swiss, production, multi-tasking, and multi-spindle CNC machines that perform multiple high precision operations in a single setup with rapid changeover and zero handling.
Our team works closely with manufacturers of precision turned parts to determine the best solutions for their part mix and production requirements. We take an active role in the implementation of the machines to ensure optimal performance from day one. This results in our customers achieving a strong ROI and persistent competitive advantage.
Index introduced the first CNC multi-spindle machine and remains the world’s largest producer of these highly productive machines. Globally, we provide more than 50% of all CNC multi-spindle machines, which are used to annually produce millions of high-precision parts for the medical, aerospace, automotive, and fluid power industries.
Traub Swiss-type machines offer an optimum mix of flexibility, speed and accuracy to producers of precision parts. The TNL line of fixed/sliding headstock machines features a variety of options including a B axis, capacity to accommodate up to 52 tools, and quick convertibility between fixed and sliding headstock operation.
Index Corp.’s 65,000ft2 U.S. headquarters in Noblesville, Indiana, includes application engineering, turnkey solution development, parts and service support, and a machine demonstration and training center. The Index Group employs more than 3,000 people and is present around the world with 5 production sites, 5 international sales and service companies, and 80 representative offices.
IMTS 2018 Booth #338136