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Equipment And Its Effect on ROI

Last updated 5 years ago

Originally Posted by CleanLink

By: Mickey Crowe

It is always wise to evaluate the productivity of a piece of equipment to determine its ROI (Return on Investment) when compared to what is currently being utilized. Identifying the right equipment is crucial to keeping costs under control and managing productivity.

One mistake that many make is a “one size fits all mentality” which can lead to poor fits for some tasks. Although it is always recommended to standardize whenever possible since it simplifies parts, training and repairs, one needs to be always looking for better technology that could increase productivity. Standardizing can only go so far in that a more productive tool may be available but not used for the wrong reasons.

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Mickey Crowe has been involved in the industry for over 35 years. He is a trainer, speaker and consultant. You can reach Mickey at 678.314.2171 or CTCG50@comcast.net.

 

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