Making investment decisions for any business can be a daunting task, particularly if the investment includes capital equipment. When considering such investments, many owners want to understand the return on investment (ROI) for that investment. To fully understand ROI, several factors need to be taken into consideration. Join Wade Anderson, product specialist sales manager at Okuma America Corporation, as he shares his perspectives and formulas for ROI calculations for manufacturing applications.

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  • Understanding ROI beyond equipment specifications
  • Assessing your processes to understand the true cost of manufactured parts
  • Tools and calculations for initial ROI assessments
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    Wade Anderson
    Product Specialist Sales Manager
    Wade is a machinist by trade who started programming machine tools in 1992. His early years were spent working for companies machining large, heavy equipment components. Wade became an applications engineer for a machine tool builder, where he spent eleven years developing super-abrasive aerospace and medical processes with an emphasis on five-axis grinding. He did a lot of five-axis programming and machine tool troubleshooting—even building machine tools from the ground up. Wade joined Okuma America Corporation in 2005 as an applications engineer and moved from there to inside sales, sales engineer and regional manager. He was recently promoted to product specialist sales manager and tech centers manager, where his diverse background enables him to help Okuma's distributors and end users go beyond their manufacturing challenges.