The OpX Leadership Network's Total Cost of Ownership: Packaging and Processing Machine Guidelines for CPGs and OEMs breaks down the ongoing costs that factor into the true cost of running machinery, from design and application through maintenance and environmental concern to allow CPGs and OEMs to move the discussion beyond the price tag to focus on the Total Cost of Ownership. Purchase price is one element when making a decision for a capital project. Other aspects of the solution related to operating and maintenance costs will impact the total cost, often far more than the original purchase price. Professionals with decades of experience on all sizes of capital projects have shared their ideas to provide other industry teams with a consistent set of metrics and approach for your decision.
Use the playbook and associated checklist to identify and quantify the costs that will impact your business far beyond the day the equipment begins producing for your business.