Calculate your savings

Benefit Calculator

Please find the benefit calculator which helps you analyze the potential savings in your production by implementing a TriVision solution.

Calculate your savings with TriVision

Improved quality control

Improved maintenance

Improved operation

Improved compliance

The result of the analysis

Process for assessing the benefits

In order to calculate your potential savings using a solution from TriVision, you will be asked a set of questions regarding four parts of your current production.

The following calculator will focus:

  1. Current quality level in your production
  2. Current maintenance level in your production
  3. Current operational level in your production
  4. Current risk and cost of recall

 

The calculator will assess the potential benefits and savings of implementing a TriVision solution for each of the four operational aspects and present a complete overview of the opportunity.

Please start by filled out the box on the right. Expected time to complete calculator is approximately 4 minutes.

Cost of poor quality control

The TriVision solution offers customers an un-matched level of quality inspection.

Please fill in your current quality level to assess the opportunity with the TriVision solution.

Cost of unforeseen production stop:

The TriVision solution helps customers with warning of increased risk of unforeseen production stops, which allows for better planned maintenance.

Please fill in your current maintenance level to assess the opportunity with the TriVision solution.

Optimized cycle time

The TriVision solution helps customers optimize the current production cycle time by highlighting the correlation between quality and production speed.

Please fill in your current operational level to assess the opportunity with the TriVision solution.

Cost of recalls

The TriVision solution helps customers reduce the risk of product recalls and increase the compliance level, by having high quality inspection of all produced units.

Please fill in your current risk and cost of potential product recalls to assess the opportunity with the TriVision solution.

The potential benefits and savings of implementing a TriVision solution.

Please find the combined benefits of all four operational aspects and the total savings of implementing a TriVision solution.

Contact details
Improved quality control
Improved maintenance
Improved operation
Improved compliance
Overview
Improved quality control
Products produced per second
Units
(Cost of poor quality control)
Hours of operation per day
Hours
Operating days per week
Days
Production weeks per year
Weeks
Material cost per product
Euro
Cost of core product
Euro
Reuseability of discarded products
%
Current rejection rate
%
Cost of stopped production (per minute)
Euros
Calculated savings
Number of products produced per year
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Units
Total production cost pr. product
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Euros
Number of rejected products per year
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Euros
Annual material cost of rejected products
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Euros
Annual loss of production time due to rejected products
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Hours
Annual cost of lost production time
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Euros
Annual cost of rejected products (cost of production time + materials)
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Euros
Typical improvement of rejection rate by implementing VisioPointer
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%
Annual saving in reduced number of bad products
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Euros
Improved maintenance
Average time of an unplanned stop
Minutes
(Cost of unforseen production stop)
Number of unplanned stops per day
Cost of stopped production per minute: {{ cost_of_stopped_production_model }} Euros
Calculated savings
Annual lost production time due to unplanned stops
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Hours
Annual cost of lost production time due to unplanned stops
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Euros
Expected reduction of stops by implementing VP
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%
Annual saving in reduced number of unplanned stops
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Euros
Improved operation
Current performance
%
(Optimized cycletime)
Calculated savings
Annual production hours
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Hours
Lost production time due to low cycle time
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Hours
Annual cost of lost production due to low cycle time
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Euros
Improved compliance
Number of products in recall
Units
(Cost of recall)
Cost of identifying impacted retailers
Euros
Managing the PR fallout
Euros
Fines and insurance cost
Euros
Sales price
Euros
Loss in future sales the following year
%
Mean time between packaging recalls
Year(s)
Cost of stopped production per minute: {{ cost_of_stopped_production_model }} Euros
Total production cost pr. product: {{ gracefulNumber(total_production_cost_pr_product, ',', '.', false, 1000) }} Euros
 
Calculated savings
Material cost for products recalled
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Euros
Wasted production time
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Minutes
Production time cost for products recalled
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Euros
Handling and transportation cost of products recalled
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Euros
Market related cost (incl. PR cost, fines, and increased insurance)
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Euros
Calculated profit per product
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Euros
Profit loss of future sales
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Euros
Annual average cost of recalls due to packaging errors
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Euros
Improved quality control +
Number of products produced per year
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Units
Number of rejected products per year
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Units
Annual material cost of rejected products
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Euros
Annual loss of production time due to rejected products
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Hours
Annual cost of lost production time
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Euros
Annual cost of rejected products (cost of production time + materials)
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Euros
Typical improvement of rejection rate by implementing VisioPointer
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%
Annual saving in reduced number of bad products
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Euros
Improved maintenance +
Annual lost production time due to unplanned stops
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Hours
Annual saving in reduced number of unplanned stops
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Euros
Improved operation +
Annual production hours
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Hours
Lost production time due to low cycle time
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Hours
Annual cost of lost production due to low cycle time
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Euros
Improved compliance =
Material cost for products recalled
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Euros
Production time cost for products recalled
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Euros
Handling and transportation cost of products recalled
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Euros
Market related cost (incl. PR cost, fines, and increased insurance)
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Euros
Calculated profit per product
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Euros
Profit loss of future sales
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Euros
Annual average cost of recalls
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Euros
Total annual savings and gains
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OLE K. NECKELMANN
NEED HELP? CONTACT ME

OLE K. NECKELMANN

Commercial Director, partner

Phone: +45 63 15 47 00

Mail: okn@trivision.dk

Contact
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