Estimated Cost Savings and Production Gains
Daily Labour Cost Savings:
Based on an industry average hourly rate of $33 AUD per operator. This figure is based on industry averages gathered from client conversations.
This figure combines two types of savings:
– Time saved for the operator still completing the task (multiplied by their hourly rate)
– Full daily cost of any operators who are no longer required
The two are added together to calculate your total daily saving.
Annual Labour Cost Savings:
This multiplies your total daily saving by 260 working days to estimate the annual labour cost impact
based on a standard operational calendar.
Potential Increase in Production Capacity:
This indicates how much additional output you could achieve by reallocating the time saved each day
back into production, without increasing hours or labour.