Cost savings calculator

The GapGun can dramatically cut manufacturing costs and inspection times on the shop floor whilst at the same time controlling product quality, cutting damage, and reducing customer complaints. Although it can take considerable effort and careful research to put a hard figure against several of these benefits, it is fortunately very easy to calculate the benefit of time savings.

The cost savings calculator allows you to put a figure against time savings by filling in a few fields: Enter the labour rate and timing info and it will generate a report (also available as a PDF) for use in an internal business case.

Although we recommend contacting us with details of your application in order to get the most meaningful calculation, the following pre-calculated cases have been created as a starting point: The key to an accurate calculation is to have the correct figures for both GapGun and existing inspection techniques.

Description

Value

Select your currency
Labour rate (per hour) *
Number of working days per year *
Shift pattern (shifts per day) *
Time currently required to measure the part (hh:mm:ss) *
Description of the current process
(eg. vernier caliper, digimatic caliper, cmm, etc...)
Time required to measure the part by gapgun (hh:mm:ss)
(If this is left blank, this time will be estimated based on the manual time above)
Description of the GapGun process
(eg. handheld, robot mounted, etc...)
  Cost
Typical number of units currently measured per hour 3.5
Typical number of units measured per hour by GapGun 60.0
 
Units per shift currently 28
Units per shift with GapGun 480
 
Current labour cost per measured unit $28
Labour cost per measured unit with GapGun $1
 
Current labour cost per shift $793
GapGun labour cost per shift $46
 
Current labour cost per year $507,733
GapGun labour cost per year $29,866
 
Time savings over current methods using GapGun (hours per year) 4,818.8
 
GapGun labour savings per shift $746
GapGun labour savings per day $1,493
GapGun labour savings per month $39,822
GapGun labour savings per year $477,866

 

For more information on the cost saving benefits of the GapGun, please feel free to contact us.

Link to this calculation     Printable version   Download PDF