How to Calculate the Financial Benefits?

In business, an improvement project must return a profit to be considered valuable. This basic principles applies to productivity improvements, growth programs, as well as training sessions and green initiatives. But too many projects are kicked-off and money is spent without quantifying desired outcomes – and good opportunities are not funded because benefits are unclear. Such lack of cost-benefit understanding invariably leads to poor return on investment, project failure, financial losses, and missed chances to improve competitiveness. We can do better!

Cost Calculator

We have developed online calculators that are simple, yet effective to help managers and controllers quantify improvement potentials, determine the feasibility of a project, and estimate the return on investment. You can now calculate the impact of quality, efficiency, throughput on costs and profits.

1. Labor Efficiency Cost Calculator
2. Equipment Effectiveness Cost Calculator
3. Non-Quality Cost Calculator

Calculate here: https://www.leanmap.com/calculator/