Shop Floor Insight ROI Calculator

//Shop Floor Insight ROI Calculator
Shop Floor Insight ROI Calculator2017-11-16T23:18:54+00:00

Invest in automating your shop floor data collection

The Insight Works’ ROI Calculator will demonstrate how implementing Shop Floor Insight, Insight Works’ shop floor data collection module will improve operational efficiency across your organization.

Shop Floor Insight removes the manual tracking of time and automates time capture, field service, as well as time and attendance. Eliminating manual tracking saves significant time and reduces errors.

Use the Shop Floor Insight ROI Calculator to see what your estimated payback period is when you invest in Shop Floor Insight.

Learn more about Shop Floor Insight

Shop Floor Data Collection ROI Calculator

For overtime, missed work, etc
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Estimate depends on how closely schedule is monitored. 3% to 5% is reasonable
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Results

You will save FTEs by reducing the amount of data entry and review required.
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Assumes a quality improvement of 5% through better visibility into problem areas.
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You could generate an extra sales per month. Better on-time delivery due to improved shop floor visibility results in more satisfied customers and improved market share. A 10% improvement in on-time delivery can result in a 1% increase in sales.
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