ON DEMAND WEBINAR /Thursday, June 15, 2017/11:00 AM — 12:00 PM CDT
Total Cost of Ownership
Former Sr. Director, Corporate Engineering and Technology
Supervising Staff Engineer
One of the most significant challenges facing consumer packaged goods manufacturers (CPGs) and original equipment manufacturers (OEMs) today is determining the initial purchase price versus the long-term cost of owning capital equipment.
That’s the focus of this webinar! Listen and you’ll learn about:
The initial negative cash flows of capital equipment investment
The ongoing negative operational cash flows required to utilize that investment
The future positive cash flows that occur as a benefit of the investment
The eventual gain or loss on disposal or redeployment of the investment
This discussion will provide TCO criteria for both manufacturers and users of capital equipment across industry for use by sales, operations, finance, etc., and help you develop guidelines and checklists that include all major costs for acquisition, operations, and disposal.
Madinah Allen, Former Sr. Director, Corporate Engineering and Technology
Madinah Allen is serving as Head Coach – CapEx for the FSO Institute. In Madinah’s most recent role as Sr. Director of Corporate Engineering and Technology for Snyder’s-Lance, Inc. she developed corporate structure and governance for engineering and technology across the company to include transformational change to capital planning, project management and execution, talent acquisition and development. She was responsible for comprehensive asset management of fixed assets totaling $745+MM providing technical leadership, direction and counsel to R&D, Marketing, Commercialization and other key leadership functions. Madinah has held leadership roles with leading manufacturers including ConAgra Foods, PepsiCo-Tropicana, and Procter & Gamble.
Terry Miller, Supervising Staff Engineer
Terry Miller is a Supervising Staff Engineer for Hormel Foods in Austin. MN. His team of engineers and technicians specify and purchase all process related equipment for the company. Terry brings over 30 years of experience in maintenance and engineering fields. He or his team have been involved in many different OpX programs to include TCO, FAT, Sanitary Design, and we are presently working on the RFP process document.