Purchasing a machine tool is no small decision – it’s one that requires an evaluation past the upfront cost. At Okuma, we’re here to help you understand and calculate the total cost of ownership (TCO) involved in purchasing a machine tool and the significant impact it will have on your shop floor’s profitability.
Approximately 15% of a machine’s overall cost is its purchase price, 85% is its lifetime operations.
It’s a fact. A significant way for machine shops to save, profit, and see a better ROI is to invest in a quality, high-precision machine tool. But you must look past the machine’s price tag to costs that accumulate during the lifetime of the machine.
Let’s explore a few additional key questions that you should ask yourself before selecting your next machine tool solely on price alone.
Ask questions. Take the time to inquire. Do the math. And remember, we’re here to help you make an informed decision around the total cost of ownership and the true value of the machine tool you choose.
The bottom line is, if you really want to save, invest in a quality machine tool.