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For details on the performed checks and individual boundaries go to [..LINK….].
Economical Assessment
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Economical assessment is performed for all technologies passing the technical checks. Unsuitable technologies are filtered out and not shown in the cost and savings breakdown.
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The Total Cost of Manufacturing table provides detailed information about the composition of the estimated total cost, as it is broken down into Material, Labor and Overhead cost. Further the estimated lead time per technology is provided as raw value in this table as well.
Following the assessment of cost, the results are compared to the provided economical data on the original part. In order to be fully for its savings potential, the following data is required:
Current part price
Current lead time
Yearly Demand
Downtime avoidance (in hours)
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KPI cards are additionally provided and by default highlight the recommended technologies in terms of potential Monetary and Lead time savings.