Webinar Covers Analyzing Costs, Benefits of Transformative Tech
Many companies will be considering investments in equipment that will significantly alter their operations at IMTS 2018. This webinar from Index Traub will cover how to evaluate these technologies, which questions to ask and how to finance such technologies.
Making the decision to invest in new equipment can be difficult. There are many aspects to consider, including measuring the costs and benefits of adopting new technology. If the goal of the machine is simply increasing the speed and throughput of an existing process, this process can be straightforward. But if the technology will impact the capabilities, processes or workflow of an operation, the decision becomes complicated.
With IMTS 2018 approaching, this issue is likely on the minds of many. A webinar titled “Weighing Your Future: Evaluating Cost, Profit and Financing when Adopting Transformative Technologies,” presented by Index Traub, can help guide companies through the process. Index Traub’s president and CEO Tom Clark and Equipment Finance Group president and CEO Chris Lyle will cover the methodology to evaluate technologies that significantly alter an operation, give insights into questions to ask exhibitors at trade shows when considering new technologies and offer a comparison of financing options for investing in such technology.
The webinar will take place August 23, 2018, at 2 p.m. E.T. Attendees can visit short.productionmachining.com/Index823 to learn more or register.
Hard turning isn’t hard to do. However, it does require an understanding of the process dynamics and a systematic approach to the tooling involved. This article looks at how proper preparation will deliver consistent, predictable hard-turning results.
Because endworking is often considered only as a preliminary step for shaft work typical of the automotive industry, potential productivity gains are being passed by. Newer technology has enabled these machines to handle far more applications.
Hard turning can be a cost effective alternative for shops looking to streamline part processing.