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Segen Quick Change

ROI Calculator

Segen Quick Changes Provides A
Quick Return on Investment

For a quick idea of how this tooling can affect your operations, simply refer to the application below, where we’ve made some basic assumptions operational fees and tooling changeover times.

Comparison of Average Loss on Set-Up Changes (Machining Hour $90)
Conventional Nuts & Bolts   Segen Quick-Change
 
40/min = $60   2/min = $3
    $57 SAVINGS
increased efficiency with quick-change
(assumption 200 working days) Based on Published Averages
Vise Example 12 Month Savings with Segen Quick-Change
Savings $27.00 1 machine 5 machines 5 machines
With every change 1 shift 1 shift 3 shifts
1 set-up change per day $5,400 $27,000 $81,000
2 set-up changes per day $10,800 $54,000 $162,000
4 set-up changes per day $21,600 $108,000 $324,000
 
Fixture Example 12 Month Savings with Segen Quick-Change
Savings $57.00 1 machine 5 machines 5 machines
With every change 1 shift 1 shift 3 shifts
1 set-up change per day $11,400 $57,000 $171,000
2 set-up changes per day $22,800 $144,000 $342,000
4 set-up changes per day $45,600 $228,000 $684,000
Segen Quick-Change Estimated Payback
Cost Savings
# of Changeovers/Day # of Changeovers/(355) Year Average Time Savings (minutes) Average Time Savings (hours) Gained Sales Dollars ($625/hour)
6 2,130 19,170 319.5 $199,688
8 2,840 25,560 426.0 $266,250

*Average time saving = 9 minutes
Lost sales dollars could be considered at 625 $/hr (based on 50 parts per hour and an average selling price of $12/part plus non-plastic costs.)

 

Project Costs = $177,051
component costs part number price qty total qty Cost
Formers Cylinder Lock PD438CFV $572 9 108 $61,776
Molds Knob-tapped PD438CB $72 30 360 $25,920
Platen           $15,000
 
Installation Cost Est Hours To Modify
(each cylinder)
Qty Total Cylinder QTY Total Hours Cost
Thermoformers / cylinder 4 9 108 432 $54,000
Mold modification / knobs
(quote from Western Mold)
  30 &685 $20,355
12 cylinder lock / knobs required per machine

Price information: Segen-online

Shop rate used $125/hr

 

Simple Payback
  Cost Savings Payback (Years)
6 changeovers $177,051 $199,688 0.89
8 changeovers $177,051 $266,250 0.66