Automation: benefits beyond the obvious 

Increased profitability

Today, organizations are challenged to make the most of every resource—capital, material, and human—every minute of operation. Many find that equipment financing enables them to expand, pivot, and innovate their business models.

What does that look like for our customers?

Here are some examples of how a few of our clients used equipment financing and automation to enhance productivity and reliability, increase performance and reduce operating costs. For each of these organizations, moving to automation and robotics made good business sense.
“We leave at 5 p.m. and return at 8 a.m. to a cabinet full of product ready to ship. That’s the quality-of-life factor, the gravy is in the ROI.” 

 

– Scott Mappin, CEO Strategy Milling

CAD CAM direct milling 

New state-of-the art equipment dramatically increased the volume and accuracy of output while optimizing this client’s use of raw materials. Digitizing the equipment and reallocating otherwise mundane tasks allows the machines to run 24/7 and be managed remotely to ensure steady production and minimize maintenance downtime.
The manufacturing of electric vehicles (EV) alone requires between 300 and 3,000 chips per unit, and EV demand sharply increased by 50% between 2019 and 2020.1

Chip manufacturing

Microchips are found in nearly everything today and demand continues to rise. One Key client who manufactures microchip parts financed intelligent automation software to address both material and labor supply shortages. By doing so, the company realized greater resource efficiency, more timely production, less waste, and improved quality.
“The equipment helped us achieve a 15% increase in yield, an estimated 30% increase in quality, higher efficiencies in the processing shed, and reduced claims from overseas customers.” 

 

– Jason Davenport, Owner/President Allied Potato

International agricultural grower and exporter

Global food demand is expected to increase by 35% to 56% between 2010 and 2050.2 By automating equipment from field to export, our client gained better nutrient distribution, higher water efficiency, and can process a higher yield more quickly of superior quality. Another benefit? Employees are enjoying an improved work/life balance and job satisfaction.
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The benefits?

Increased profitability
Speed to market
Stakeholder satisfaction

 Automation trends at a glance

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Research found that within three months of investment, U.S. companies witnessed an average year-on-year increase in revenue of 7%, or an extra $195 billion per month.3

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of senior business executives surveyed will shorten timelines for implementing digital business initiatives.4

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of surveyed executives expect to increase spending on digital business initiatives.4

How can Key Equipment Finance help?

Cost can be a big reason why some shy away from investing in automation. Many organizations look to Key to help them acquire equipment to achieve immediate objectives and long-term goals. Here’s why:

Enhanced cash flow

Enhanced cash flow

We do not require large cash outlays up front. Instead, we offer fixed monthly payments spread over time. This frees up cash and working capital for other business needs and improves budgeting and forecasting, too.

Unparalleled flexibility

Unparalleled flexibility

Leasing with Key allows you to “try before you buy” and stay nimble as you determine the best strategy. We offer:

  • Terms tailored to align with budget and seasonal revenue requirements
  • Add-on features to support growth or expansion
  • Mid-term upgrades to help protect against owning obsolete equipment
  • Terms tailored to align with budget and seasonal revenue requirements
  • Add-on features to support growth or expansion
  • Mid-term upgrades to help protect against owning obsolete equipment

Bundling capabilities

Bundling capabilities
Did you know you can include all related costs — equipment, software, installation, training and even consulting fees — into one payment plan? Key helps you acquire the total solution you need now, rather than piece-meal your strategy based on a constrained budget.

Get started today

Now that you’ve caught a glimpse of the advantages of innovation and automation, see how you can acquire the solutions you need – and how Key Equipment Finance can help lead the way. Dive deeper with the complete content.
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