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  1. Courses
  2. On-Demand Course: Smart Man...

On-Demand Course: Smart Manufacturing Justification and ROI

  

Course Description

An organization's journey towards Smart Manufacturing is marked by milestones, based on an established vision and roadmap towards intelligent, real time orchestration and optimization of business, physical, and digital processes within factories and across the entire value chain. Often these milestones require the development of a justification and ROI, and in many cases, the implementation of a Manufacturing Execution System (MES), or other manufacturing software system, is an important step along the path.

The course will introduce you to the concepts and major components required to complete an ROI and justification incorporating some examples from MES.  It will also provide guidance about the kind of questions that need to be answered throughout the process, and the various considerations that need to be included in the calculations.

You will learn about the major elements necessary to produce an effective ROI, including the importance of partnering with the correct stakeholders, acquiring an executive sponsor, and understanding and articulating the present state and desired future state. We will present various tools used to identify and document manufacturing issues, and provide examples of commonly occurring costs, as well as quantitative and qualitative benefits.
 
Upon completion of this course you will be able to: 
  • Identify the stakeholders and audience for your proposal (i.e., who needs to approve the software application)
  • Identify and quantify the business benefits associated with the solution
  • Identify and quantify the costs associated with the investment
  • Develop various types of cost/benefit analysis, such as:
    • Return on Investment (ROI)
    • Net Present Value (NPV)
    • Internal Rate of Return (IRR)
  • Present the analysis to the stakeholders using the tips presented throughout the course.
If you have any questions or technical difficulties, please contact education@mesa.org.

Note: Complete each module below until you see a check mark next to the module. Once the entire list is checked you can earn the Certificate.
Online Course Smart Manufacturing    


Includes:

  •  Course with 8 modules
  •  3.5 hour complete course time
  • 1 Survey
  • Metrics Guidebook
  •  Certificate of Completion
  • Access on all devices
BONUS
MESA's Collaborative Manufacturing Dictionary included with the purchase of all online courses!


Members: take advantage of special member discount pricing for courses. All MESA Members have an account on the site. Sign in with your membership email address. Set your password here.

Not a member? Learn more about MESA membership here.

$300.00 - $450.00
Members
$300.00
Non-Members
$450.00
Basic Members
$300.00
Premium Members
$300.00
Premium Individual Manufacturers
$300.00
Items Included in the Purchase of this Course

Building a Justification and ROI: Module 1 - Introduction

SCORM: Smart Manufacturing Justification and ROI - M1 Intro

Building a Justification and ROI: Module 2 - Organizational Support and Alignment

SCORM: Smart Manufacturing Justification and ROI - M2 Organizational Support/Alignment

Building a Justification and ROI: Module 3 - Definition and Assessment

SCORM: Smart Manufacturing Justification and ROI - M3 Definition and Assessment

Building a Justification and ROI: Module 4 - Identifying Stakeholders

SCORM: Smart Manufacturing Justification and ROI - M4 Identifying Stakeholders

Building a Justification and ROI: Module 5 - Identifying Benefits

SCORM: Smart Manufacturing Justification and ROI - M5 Identifying Benefits

Building a Justification and ROI: Module 6 - Quantifying Benefits

SCORM: Smart Manufacturing Justificati and ROI - M6 Quantifying Benefits

Building a Justification and ROI: Module 7 - Identifying Costs

SCORM: Smart Manufacturing Justification and ROI - M7 Costs

Building a Justification and ROI: Module 8 - Justification and ROI

SCORM: Smart Manufacturing Justification and ROI - M8 Cost Benefit

Building a Justification and ROI Survey

Survey: 5 questions
Document Icon

MESA Metrics Guidebook: ROI and Justification for MES

Document: MESA Metrics Guidebook: ROI and Justification for MES
Document Icon

MESA_Metrics_Guidebook_and_Framework_Second_Edition_8-24-2011

Document: MESA_Metrics_Guidebook_and_Framework_Second_Edition_8-24-2011
Document Icon

Correlating P2B Performance MESA Metrics Research Report

Document: Correlating P2B Performance MESA Metrics Research Report
Document Icon

MESA Smart Manufacturing Dictionary

Document: MESA Smart Manufacturing Dictionary
Document Icon

ROI Course Resources

Document: ROI Course Resources

Course Contributors

Section: 1 Document

Certificate of Course Completion

Certificate: 0/9 Course items completed
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