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How to Define, Estimate, and Prove Out the Value of Smart Manufacturing Technologies

EAST Session: Abstract : Manufacturers are keen and pragmatic on how their capital is used to advance their state of manufacturing.  And it is clear to them how investments in physical assets bring operational value.  What is not so clear is the value-add of technology to their operations.  In this session, you will learn how to translate the value of technology to operations to facilitate internal planning and justification for technology investments. You will learn how to build a business case around technology to show the expected value and ROI of that investment. Using this approach, the project team can report the financial gains to key constituents to help with continued funding and support.  Significance/Importance : Manufacturers are keen and pragmatic on how their capital is used to advance their state of manufacturing.  And it is clear to them how investments in physical assets bring operational value.  What is not so clear is the value-add of technology to their operations.  In this session, you will learn how to translate the value of technology to operations to facilitate internal planning and justification for technology investments. 

Linde

EAST Exhibitor: At Linde, we are a trusted provider of industrial gases, applications, products, equipment and services that support welding, cutting and other processes. Our PROSTAR® product line includes welding supplies, cutting machines and automation from a large variety of manufacturers, and our strategically distributed plants and hubs allow us to efficiently supply our customers with our full range of industrial and process gases. We are an overall solutions provider and through our exclusive StarSolver® Productivity Enhancement Program, we work with you to reduce manufacturing costs, increase productivity and improve quality. We also have five R&D centers dedicated to developing new technologies that help you do just that.

Fowler High Precision Inc

EAST Exhibitor: Fowler High Precision is globally recognized as one of today's leading suppliers of high quality inspection, leveling, control and calibration equipment. Since 1946, we have been dedicated to supplying the most innovative products available anywhere in the world. Fowler’s long-standing affiliations with other industry leaders such as Wyler, Sylvac, Bowers and Trimos have helped us remain dynamic, responsive and at the forefront of our industry’s ever-changing demands. With a strong commitment to innovative products and smart customer-focused people Fowler High Precision is well positioned for continued strong growth for the next 65 years.

ECI Software Solutions

EAST Exhibitor: We provide small- and medium-sized manufacturers with a full suite of flexible and configurable cloud-based ERP software systems that provide complete visibility into, and control of, their business operations, enabling them for growth.