The information is only an illustration on how insert tooling can make your company more productive.

Based on the following information here is how much money and time is lost using standard form tools on long run jobs

Your Shop Rate: $60

Cycle Time: 3.5 seconds

 Total Standard Form Tool Costs

Dovetail: $170 x 2 - $340

Sharpen: 40 times at 15 min.: $597

Lost time : 1200 minutes or 72,000 seconds

Cost: $1200

Total parts not produced:  20,571

Your Tools Real Cost: $2137

 

 

Total Insert Tooling Cost

Insert Holder: $250

40 Inserts: $20- $800

Sharpen: No cost

Lost time: 60 minutes or 3600 seconds

Cost: $60

Total parts not produced: 1028

Insert Tooling  Real Cost: $1210