Justification for AMUG expenditure
We hear it all the time: “How do I justify an additive manufacturing (AM) system purchase?” The answer lies in developing a compelling return on investment (ROI). But that is a simple concept that can be very hard to do.
In response, the Additive Manufacturing Users Group (AMUG) will feature a session at the 2013 conference that will explore a variety of approaches for a sound financial justification. The session will be co-hosted by Mark Barfoot, AMUG vice president, and Todd Grimm, AMUG AM Industry Advisor.
This will be a can’t-miss event. It will detail how the financial calculations are done and show how to account for intangible benefits, such as education of your engineering staff, time savings and overall project savings by having a better product in the end.
Whether or not you’ve ever justified equipment, you are sure to gain some insights during this session. This session will help you get the company decision makers to sign the purchase order.