I'm being called into a meeting this morning on the justification of a new wire machine. In short, how do you all justify a new machine?
A little background info: We have an existing machine bought new in 2003. Overall it runs very well with minor issues. We do have a problem now that's to the point of calling in a service tech. I mentioned while they're there just have a general pm done as well. That's to the tune of $6-7k. Mgt seems to think the machine is nearing the end of it's life and would rather put that towards a new machine. If we're going to get new I'd like to also keep the existing as we do have the work-load to keep 2 running. We do mostly stamping die work to support our production. We are not a job shop and do not do any outside work. Thanks in advance for any suggestions.
A little background info: We have an existing machine bought new in 2003. Overall it runs very well with minor issues. We do have a problem now that's to the point of calling in a service tech. I mentioned while they're there just have a general pm done as well. That's to the tune of $6-7k. Mgt seems to think the machine is nearing the end of it's life and would rather put that towards a new machine. If we're going to get new I'd like to also keep the existing as we do have the work-load to keep 2 running. We do mostly stamping die work to support our production. We are not a job shop and do not do any outside work. Thanks in advance for any suggestions.