You should be aware of the cost of operation within your organization for one second. Since there are 60 seconds in a minute, many tend to overlook the real value of such a small number.
As an example let’s assume that a textile printer is operating a single press at 350 units per hour and printing 5.833 shirts per minute. By eliminating just one second of production time you can increase the press production to 5.933 shirts per minute. By assuming a $2 net per shirt that would generate an additional $15,418 USD per year. If you can save 2 seconds you can double that amount and if you have two presses the additional revenue could be a whopping $61,672 USD per year.
Of course, every shop will vary as their overhead and related costs are different and thus you need this spreadsheet to find your own value of one second. Also, this Microsoft Excel Spreadsheet can show you the savings on a variety of examples.
Format: Microsoft Excel Spreadsheet, requires Microsoft Excel or compatible program.
File Size: 14 kb
Publisher: Solutions Publishing
Sold by: ScreenprintBooks.com
Author: Bill Hood
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