FLO Automatic Greasing System ROI Calculator

Calculate Your Return on investment in 5 easy steps

Complete section 1 (mandatory) as well as any other section. NOTE: PLEASE USE YOUR “TAB” KEY TO TAB THROUGH THE FIELDS to auto-calculate each field, or the results will not calculate correctly. Click the “Calculate” button to get your final result.

1) Cost of Labour to Grease Manually 1 time, daily, 5 days per week

Number of lube points on machine:

Hourly labour rate for Operator: $

(Typical Ontario rate $22/hr)

Number of weeks machine used per year:

Total Labour Cost per year to Manually Grease: $

2) Cost of Lost Production due to Greasing Manually 1 time, daily, 5 days per week.

Hourly Production Value of Machine: $

(e.g. production value of loader in 1 hour - $200)

Total Lost Production per year due to Manually Greasing: $

3) Annual Cost of Failed Components on Machine due to Manually Greasing

Cost of Failed Components per Occurrence: $

(e.g. Bucket pins $1000, bushings $100)

Number of Failure Occurrences per year:

(e.g. 1 failure every 2 years would be 0.5)

Number of days required to conduct repairs per Occurrence:

(e.g. 2 days to change bucket pins and bushings)

Daily Rental Cost for Replacement Machine while repairs conducted: $

Total Cost of Component Failure per year due to Manually Greasing: $

Total Annual Costs due to Manual Greasing per Machine: $

4) Savings with Automatic Greasing System

Estimated 95% Savings on Labour & lost production to manually grease: $

Estimated 50% Savings on Parts, labor & lost production to repair failed components: $

Total Annual Savings: $

5) ROI of Automatic Greasing System

Break Even Point in Months:

Calculation:

First Year Savings per Machine:

FLO Automatic Greasing System ROI Calculator

Calculate Your Return on investment in 5 easy steps

Note: ROI calculation is for budgeting purposes only.Actual cost of system will vary according to installation location and machine requiring system.

Note: ROI calculation is for budgeting purposes only.
Actual cost of system will vary according to installation location and machine requiring system.