Wise people never wait until a problem darkens their doorstep to look for solutions. And you cannot possibly find solutions if you continually underestimate your problem. Hence, training IS the go-to solution. Training is considered a dirty word by some HR officials and managers because it’s seen as an unnecessary expense.

During a 5-year period, we’ve collected data from 1000s of clients throughout several major industries—automotive, aerospace and medical, to name a few—and discovered that there are companies bleeding as much as $10.5 million annually in liability and nonliability costs directly related to a lack of GD&T knowledge among workers.

These are the three ways not training can affect your bottom line.

1. Drawing Errors

A whopping 80% of engineering drawings contain errors, according to Alex Krulikowski, ETI’s founder. He spent nearly 30 years working directly with companies and has seen errors on 1000s of drawings. When a drawing is riddled with errors, it forces the manufacturing and quality folks to make uninformed decisions. This leaves the door open to costly mistakes later.

2. Non Liability Costs

When you create a bad part based on a flawed drawing, there will be problems by the time it gets to the inspection process, or distributed to suppliers. When a part has to be scrapped or reworked, there are associated costs with that, along with additional labor costs. There are instances where parts that should be retooled go on to the consumer market, which causes larger problems, such as recalls and lawsuits, down the road.

3. Liability Costs

These are the most expensive and unpredictable errors you could make. Some companies roll the dice on these, so to speak, because they need to push a product out and don’t consider outside factors that could really hurt the end product. But in some industries, such as automotive, you cannot afford to gamble on thinner profit margins. One really big lawsuit can result in company downsizing and a big loss in reputation.

Both non liability and liability costs typically range from $10,000 to $10,000,000 for each case. So every time you incur one of these costs, you’re footing a pricey bill. Whereas, you can spend a tiny fraction of those costs to have a better educated and confident workforce.

Which one makes more sense to you? Training, or not training?