[{"@context":"http:\/\/schema.org","@type":"BlogPosting","publisher":{"@type":"Organization","founder":"https:\/\/www.dynamicconveyor.com\/#person","award":["2016 U.S. Patent No. 9,394,111 for the DynaClean brand","2015 Silver Achievement Safety Award","2014 Winner of Michigan Top 50 Companies to Watch","2014 U.S. Patent No. 8,919,541 for the DynaClean brand","2014 One of Michigan\u2019s Economic Bright Spots","2000 Family Friendly Business Award of Muskegon County","1996, 1997, 1998 & 1999 One of the State\u2019s Fastest Growing Companies"],"logo":{"@type":"ImageObject","url":"https:\/\/www.dynamicconveyor.com\/wp-content\/uploads\/2023\/01\/Dynamic-Conveyor-Logo-Rev.png","name":"Dynamic Conveyor logo","height":"118","width":"486","@id":"https:\/\/www.dynamicconveyor.com\/wp-content\/uploads\/2023\/01\/Dynamic-Conveyor-Logo-Rev.png"},"address":{"@type":"PostalAddress","name":"Dynamic Conveyor Location","addressCountry":"US","addressLocality":"Norton Shores","addressRegion":"Michigan","postalCode":"49441","streetAddress":"5980 Grand Haven Rd","@id":"https:\/\/www.dynamicconveyor.com\/#PostalAddress1"},"knowsAbout":"https:\/\/www.wikidata.org\/wiki\/Q577998","url":"https:\/\/www.dynamicconveyor.com\/about\/","alternateName":["Dynamic Conveyor company","Dynamic Conveyor Corp","Dynamic Conveyor Corporation"],"name":"Dynamic Conveyor","description":"Conveyor manufacturer","email":"sales@dynamicconveyor.com","telephone":"+1 231-798-1483","sameAs":["https:\/\/www.youtube.com\/user\/DynamicConveyorCorp","https:\/\/www.linkedin.com\/company\/237420\/","https:\/\/www.facebook.com\/DynamicConveyor"],"legalName":"Dynamic Conveyor Corporation","duns":"623380664","naics":"333922","foundingDate":"1991-01-01","areaServed":"https:\/\/en.wikipedia.org\/wiki\/North_America","@id":"https:\/\/www.dynamicconveyor.com\/about\/#Organization"},"about":[{"@type":"Thing","url":"https:\/\/www.wikidata.org\/wiki\/Q184199","name":"wiki-automation","@id":"https:\/\/www.wikidata.org\/wiki\/Q184199"},{"@type":"Thing","url":"https:\/\/www.wikidata.org\/wiki\/Q116961513","name":"wiki-conveyor","@id":"https:\/\/www.wikidata.org\/wiki\/Q116961513"}],"mentions":{"@type":"Thing","url":"https:\/\/www.wikidata.org\/wiki\/Q939134","name":"wiki-return-on-investment-roi","sameAs":["kg:\/m\/0h3p28z","https:\/\/en.wikipedia.org\/wiki\/Return_on_investment"],"@id":"https:\/\/www.wikidata.org\/wiki\/Q939134"},"inLanguage":{"@type":"Language","name":"English ","@id":"https:\/\/en.wikipedia.org\/wiki\/English_language"},"author":{"@type":"Person","image":{"@type":"ImageObject","url":"https:\/\/www.dynamicconveyor.com\/wp-content\/uploads\/2022\/01\/Marcie-7-1-e1642452427705.jpg","name":"Marcie Palmer","height":"400","width":"394","@id":"https:\/\/www.dynamicconveyor.com\/wp-content\/uploads\/2022\/01\/Marcie-7-1-e1642452427705.jpg"},"url":"https:\/\/www.dynamicconveyor.com\/marcie-palmer\/","name":"Marcie Palmer","description":"Marcie Palmer is Dynamic Conveyor\u2019s Marketing & Business Development Manager, and is known for her strategic approach and passion for connecting people with solutions.","sameAs":"https:\/\/www.linkedin.com\/in\/marcie-palmer-0648876\/","subjectOf":"https:\/\/www.dynamicconveyor.com\/about\/","gender":"Female","jobTitle":"Marketing & Business Development Manager","workLocation":"https:\/\/www.dynamicconveyor.com\/#place","worksFor":{"@id":"https:\/\/www.dynamicconveyor.com\/about\/#Organization"},"knowsAbout":"https:\/\/www.wikidata.org\/wiki\/Q39809","@id":"https:\/\/www.dynamicconveyor.com\/marcie-palmer\/"},"subjectOf":{"@type":"Blog","url":"https:\/\/www.dynamicconveyor.com\/blog\/","name":"Conveyor Blog","inLanguage":{"@id":"https:\/\/en.wikipedia.org\/wiki\/English_language"},"isFamilyFriendly":true,"isAccessibleForFree":true,"@id":"https:\/\/www.dynamicconveyor.com\/blog\/"},"timeRequired":"P0Y0M0DT0H1M2S","articleBody":"Conveyors and automation equipment can be purchased to reduce your major operational expenses, including labor, maintenance, machine downtime and utilities.  As the labor market continues to deteriorate, many manufacturing organizations are moving towards more automation.  The first step is to contact various conveyor and automation equipment manufacturers and learn about their products, benefits, services and differentiators.  Ask about their customers \u2013 who purchases from them and why.  Request quotations from at least two or three equipment manufacturers.  Ask the manufacturers to include the expected annual downtime and maintenance costs for their systems.  Also be sure to learn about the expected lifetime of their equipment.  Next, use an on-line calculator to generate an analysis and provide the cost justification for each conveyor and automation equipment manufacturer you choose.  A detailed analysis will factor in the projected labor savings, downtime costs, maintenance costs and\/or increased throughput.  For the most accurate labor rate, be sure to include the cost of fringe benefits.  These financial indicators should be included in the analysis:  Payback Period: How long it takes for the equipment to pay for itself. Return on Investment (ROI): Financing can maximize your ROI by freeing up working capital that can be reinvested to generate additional returns. Tax Savings: Section 179 provides tax savings incentives for buying equipment. The Cost of Doing Nothing: Waiting can be expensive. Waiting too long to acquire a machine can mean missing out on savings greater than the cost of the equipment. Conveyors and automation equipment will pay for itself over time.  The savings will eventually equal (then exceed) the cost of the equipment.  For the greatest return on your investment (ROI), you want to exceed the cost of the equipment as soon as possible.  Be sure to carefully review the analysis for each of the equipment manufacturers and identify the one that will give you the quickest ROI.  After choosing the ideal conveyor manufacturer, you will need to decide whether you will pay cash or choose to finance or lease the equipment.  Consider the advantages and disadvantages of paying cash or financing in order to make the best decision for your organization.","name":"How to Justify the Cost of Conveyors and Automation Equipment","headline":"How to Justify the Cost of Conveyors and Automation Equipment","url":"https:\/\/www.dynamicconveyor.com\/conveyors-and-automation-equipment\/","description":"As the labor market deteriorates, manufacturing companies are utilizing conveyors and automation equipment. Learn how to justify the cost.","copyrightYear":2021,"isFamilyFriendly":true,"isAccessibleForFree":true,"wordCount":283,"dateModified":"2021-08-25","datePublished":"2021-08-25","image":{"@type":"ImageObject","url":"https:\/\/www.dynamicconveyor.com\/wp-content\/uploads\/2015\/09\/dynacon_box_filling_for_a_variety_of_different_box_or_tote_sizes-300x225.jpg","name":"Box filling conveyor","height":"225","width":"300","@id":"https:\/\/www.dynamicconveyor.com\/wp-content\/uploads\/2015\/09\/dynacon_box_filling_for_a_variety_of_different_box_or_tote_sizes-300x225.jpg"},"mainEntityOfPage":{"@id":"https:\/\/www.dynamicconveyor.com\/conveyors-and-automation-equipment\/"},"@id":"https:\/\/www.dynamicconveyor.com\/conveyors-and-automation-equipment\/"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"How to Justify the Cost of Conveyors and Automation Equipment","item":"https:\/\/www.dynamicconveyor.com\/conveyors-and-automation-equipment\/#breadcrumbitem"}]}]