This is the big question: what is the cost of the equipment, and is the move system even financially viable for your situation? This is a complicated question to think about. There is initial cost, installation cost, training cost, potential facility upgrade cost, the cost of actually operating the material handling system, the cost to keep the system running and replace wear parts, and so on. It’s a lot to think about! Then, anyone trying to pick a material handling system needs to make sure they consider both upfront cost and total cost of ownership in their analysis. You obviously need to know if purchasing the system fits into your budget right now, but you also want to know how it’s going to compare cost-wise over a period of years or over its total lifespan. In this episode, we do a deep dive into all of the cost considerations.