What to Consider When Calculating Machine Tool Total Cost of Ownership

ELK GROVE VILLAGE, IL, October 19, 2021 - 

Manufacturers everywhere are feeling the pressure to reduce operating costs. Understanding the true total cost of ownership (TCO) of your machine tool will allow you to make a more informed decision and better evaluate the true value and cost.

Having worked with thousands of shops going through the purchasing process, Shibaura Machine Company, America is able to assist owners in calculating the TCO. The most successful machine tool purchase decisions take into consideration not only initial machine and variable costs. 

Calculating Machine Tool Total Cost of Ownership

Understanding all factors can not only enable you to purchase the right machine tool but also make an immediate difference on revenue earned on each job from day one. 

Upfront costs

• Machine
• Automation
• Tooling and fixturing
• Facility preparation

After purchase costs

In order to truly compete in a global market, you will want to look beyond initial upfront costs to the accumulated after purchase lifetime machine costs. 

• Machine operator
• Programmer 
• Utilities
• Depreciation/resale value
• Operator and maintenance staff training
• Workpiece material
• Perishable tooling
• Machine maintenance *

*Shibaura Machine Company, America customers find that their costs are less when compared to competitor machines due to the quality of the Shibaura Machine products.

What is Your TCO?

Shibaura Machine Company, America understands that purchasing a machine tool is not a small decision. It is one that will significantly impact your shop's profitability. Our team can assist owners to understand the true TCO, from up-front costs to after-purchase cost considerations. Contact our machine tool sales team to learn more MT-Sales@shibaura-machine.com