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Justification
FAQ Justification Req. Help

 

Cost justification of purchasing a tool pre-setter.

Common sense tell us presetting tools off the machine is the correct solution? why would this be true, well it is commonly accepted that a machine tool only cuts metal for an average of 55%, set-up and inspection account for 35% with the remaining 10% for other factors such as maintenance etc. Do the maths, with machining costs typically in the 20 to 30 per hour range.

Example. 

If you can save 20% on your set-up time working 1 machine 35 hours a week for 48 weeks a year this would equate to the following.

7 hours saved a week * 30/h = 210 per week.

210 * 48 weeks = savings of 10,080 per year, per machine, per shift. 

With tool preseters starting in the low thousands what are you waiting for? After 3 to 4 months your profit margin just got a lot better, not to mention your machine availability, the reduction in scrap, and the possibility cut first time with out having to re-check all just go to compound these savings even further. 

Go on give us a call and start to make savings this quarter.

 

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Last modified: 20 May 2009 , by Philip P. Crump