When you're done printing this out CLICK here to get back to the main page.
SAVINGS CALCULATION SHEET
A) Time And Overhead Saving
a) Current Number Of Data Entries Per Day ________
b) Additional Number Of Desired Data Entries Per Day_____
c) Time Required To Write Data ________Sec
d) Time Required To Prepare For Data Entry _________Sec
e) Time Required To Key Enter Data _________Sec
f) Time Required To Correct Data And Reenter ________Hr.
Savings A =[(a +b) (c+d+e)/3600 + (f)] ($/Hr.) (260 Days/Yr) ______
B) Improved Product Margins
Review Last Month's Closed Order Sales vs Cost
a) Sales Dollars ________
b) Number Of Orders Shipped ________
c) Number Of Orders With Unsatisfactory Margin ______
d) Average Percentage Required To Improve Margin _____
Saving B = (c/b ) (a) (d) (12months) $_____________
C) Limit Product Liability & Improve Quality
Review Last Month's Reports
a) Monthly Scrap Dollars _____________
b) Monthly Rework Dollars _____________
c) Monthly Downtime _____________
d) % Saving From Early Identification of
Problems _____________
Saving C = (a + b + c) (d) (12months) $ _____________
D) On-time Shipments And Accurate Deliveries Review Last Month's Reports
a) Cost Of Premium Freight _________
b) Cost Of O/T& Expediting Assoc.
With Delayed Orders _________
c) Cost Of Freight On Error Shipments __________
d) Cost Of Labor On Restocking And Error
Handling e) Cost Of Lost Or Misplaced Material
Savings D = (a + b + c + d) (f) (12months) $_______________
E) Smoother Production And Better Productivity
Review Last Month's Records
a) Hours By Salaried Employees Looking For
Production Or Inventory Items Or Causing
Duplicate Setup.
b)hours By Hourly Employees Looking For Or
Waiting For Material. _____________
c) Potential Savings By Using Time Saved
in (a) In Identifying And Improving Less
Productive Resources. _____________
Saving E = [(a)($/Hr.) + (b)($/Hr.)] (12 months) + (c) $___________
_____________
F ) System Savings
a) Additional or Surplus Hardware Not
Required Due To Data Collection System. _________
b) Cost Of Money (%) _____________
Saving F = (a) (b) $____________
During this review, was there other potential Savings ?? .
____________________________________ ______________
_____________________________________ ______________
Other Savings $ ___________
Annual Savings = A + B + C + D + E + F + Other $ _____________