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Events over the last 4 years have seen many businesses put on hold process improvements and automation of their production facilities. Reasons for delaying changes to businesses are varied however have often come down to businesses choosing to do nothing rather than risk incorrectly predicting the future.
So can a business look to automate and become more efficient with constant uncertainty about the future health of the global economy? The answer is yes – particularly if a business case can be presented for the automation to be cost effective across the complete range of likely future economic climates.
For example – Will automation be cost effective if sales levels remain the same or even decrease? And can the automation also cater for increases in sales and future growth of the business.
With growing shortages of skilled and unskilled workers, and the cost of labour increasing each year businesses which choose not to change risk falling further behind their competition.
So for many businesses now is the time to review their operations and consider automation of key components. The reasons why now is the best time are:
Businesses need to continually be looking at ways to improve the bottom line and it makes sense to have experts around you who can help explore solutions which have the biggest impact on your business.
And when considering the question of how best to finance automation projects remember the five rules of equipment finance:
In general use anyone except your bank to finance your equipment.
For further information please contact Interlease on 03 9429-4299
Andrew Sutherland – Director: 0407 746 474 or asutherland@interlease.com.au
Nick Graham – Consultant: 0411 348 916 or ngraham@interlease.com.au
Ken Richards – Director: 0408 842 678 or krichards@interlease.com.au
Gary Wilkie – Director: 0412 311 032 or gwilkie@interlease.com.au
Or visit www.interlease.com.au
Article by Andrew Sutherland
Whether you’re after a machine, spare part, power tool, or need to book a service call Headland will help you find the right solution in a timely manner.
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