The following formula is a very helpful instrument that can help you to calculate your payback and also support you in your decision-making process. With the use of our Thomas V Hopper Loaders, the productivity of a gatherer can be improved by 40%, since the pockets are always fed at the same height and at the same speed. On the other hand, because of the height of the pile in the pocket, the weight loaded on the gripper and sucker bars is much lighter. The result is less maintenance and less stops, all resulting in a 60% reduction in labor costs.
The following figures are based on a general situation, so take them as a reference to calculate your own increase of productivity. Of course, we will be more than happy to calculate it for you.
- Considering that the binder runs at a speed of 8000/hour with 32 page signatures on a 12-pocket job.
- For this job, without the use of the Thomas V, 1 employee loads 3 pockets plus 2 workers to feed the 4 loaders. Total of people used for 12 pockets: (6).
- For the same job, with the use of our Thomas V, you will only need 2 people to feed the 12 pockets at 8000/hour.
- So, we have a saving of 4 persons for this particular job at this speed. Then, 4 persons at an average wage of $12.00/hrs give you a total of $48.00/hr. savings.
- If you save $48.00/hr and you work 24 hours per day, we will come up to a total of $1,152.00 saving per day.
- Then, $1,152.00/day times 300 working days per year equals: $345,600.00 of savings per year.
- If the average price of a hopper loader is: $25,500/ unit and we look for 12 units: $25,500 times 12 units equals: $306,000.00
- $345,600.00 of saving divided by 12 months = $28,800.00 of saving per month. Being $306,000.00 the price paid for 12 units, divided by $28,800.00 of money saved per month = 10.6 months’ payback.