Excerpt 1: How to Justify the Cost of a Rapid Prototyping System

Frontline engineers usually have no difficulty seeing the value of an additive manufacturing system, but convincing the executives who must sign off on the capital expense is more difficult. A white paper is available to help designers, engineers and product managers make the business case for a system. The first in a series of excerpts from this white paper entitled “Making the Case: How to Justify the Cost of a Rapid Prototyping System,” provides an overview of the paper and is followed by a link to the complete paper.

“To designers, engineers and product managers, the value of additive manufacturing machines for rapid prototyping is unquestionable. Yet, in spite of the obvious value, it may not be clear how to convince management and the accounting department that the benefits justify the capital expenditure. The challenge is two-fold: 1) conveying the value in objective terms, 2) writing the business case in a style that executive management embraces and the finance department understands. To improve the odds of gaining approval, this white paper offers guidelines and tips for creating a compelling business case for the acquisition of additive manufacturing equipment for prototyping.”

View or download the complete white paper: Making the Case: How to Justify the Cost of a Rapid Prototying system.

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