Sandvik Coromant's corporate website now features the Payback Calculator, an investment and component analysis tool that allows customers to calculate their own returns on investment.
After customers input the cost for a new machine and an estimate on how long it will take to recoup the invested funds, they are taken through four steps that evaluate everything from required man-hours and delays in machining to levels of fixed machine costs and preferred production times.
The calculator then draws conclusions from the analysis of entered values, offering instant feedback to the direct and indirect benefits of making smart choices when selecting new machine tools.
Sandvik Coromant developed the Payback Calculator as a part of its Machine Investment process, a total package of services that aids customers in unleashing the potential of machine investments right from the start.
"Optimized performance and reduced payback times are key considerations in purchasing decisions," says Sven-Olof ahlqvist, senior manager of machine investment at Sandvik Coromant. "By using the payback calculator, customers are able to compare a standard investment and resulting profit to that offered by Sandvik Coromant and see that productivity gains of 10% to 15% are possible if the right machine and tooling choices are made."
Explore the July August 2008 Issue
Check out more from this issue and find your next story to read.
Latest from Aerospace Manufacturing and Design
- Mitutoyo's Metlogix M3 with the Mitutoyo Quick Image Vision System
- IMTS 2024 Booth Tour: SW North America
- Eve Air Mobility receives $50 million
- Starrett's AVR400 vision metrology system
- IMTS 2024 Booth Tour: HAINBUCH America Corporation
- Applications open for 2025 EAA Aviation scholarships
- Join us for the latest in robotics and automation for manufacturing
- Learn to navigate the challenges of contracting with the Department of Defense