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Gavin Giguere

Speaker at EAST: Gavin Giguere, Director of Manufacturing | Vice President, Pilot Precision Products | Western MA National Tooling and Machining Association

Elio Trolio

Speaker at EAST: Elio Trolio, Director, Value Consulting, Rockwell Automation

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.