PDA

View Full Version : Plant hire


jamescalvin
Jul 5, 2015, 10:00 PM
Is there any benefits of going for plant hire company than buying new machine?

joypulv
Jul 6, 2015, 01:53 AM
Please clarify your situation. I think I can guess, but without a detailed analysis of your company, the product, and the cost of the machine, we can't possibly answer this.
If this is a homework question, you need to work on it yourself first.

talaniman
Jul 6, 2015, 04:44 AM
Do you mean outsourcing to cut costs as opposed to high initial investment in upgrading equipment? What did your cost benefit analysis reveal to be your timeline to recoup from that investment?

Fr_Chuck
Jul 6, 2015, 06:11 AM
As noted, any purchase of equipment needs to be justified with a ROI statement and long term projections

talaniman
Jul 6, 2015, 06:47 AM
NOTE-ROI, is the return on investment.