Calculating the ROI of manual tasks and inefficiencies
In organizations, time-consuming manual tasks, inefficiencies, and errors result in hidden costs. By automating business processes, companies can eliminate repetitive tasks, gain real-time insights, and make data-driven decisions to optimize workflows and reduce operational costs.
This ROI analysis evaluates inefficiencies across Administration & Planning, Production & Operations, Quality Control, and Internal Communication. By calculating the total time and cost of these activities on a weekly and yearly basis, you can gain insights into potential savings through process improvements or automation.
The table below highlights common inefficiencies, key metrics to track, and formulas to estimate their annual impact. These insights provide a clear view of (hidden) costs.
To ensure accurate estimates, provide average values for each activity. If an activity is not relevant to your company, simply leave it blank.
Work Orders & Admin
Time spent per week searching for work orders
Enter value greater than 0
Enter value greater than 0
Time spent per week on manual admin
Enter value greater than 0
Time lost per week due to miscommunication
Enter value greater than 0
Enter value greater than 0
Errors & Quality Control
Time spent per week correcting errors
Enter value greater than 0
Enter value greater than 0
Time lost per week on reworking products
Enter value greater than 0
Enter value greater than 0
Hours per week machines are idle
Enter value greater than 0
Time spent per week searching for parts
Enter value greater than 0
Enter value greater than 0
Inspections & Problem Solving
Time spent per day on inspections
Enter value greater than 0
Enter value greater than 0
Time lost per week solving quality issues
Enter value greater than 0
Enter value greater than 0
Time spent per week retrieving data
Enter value greater than 0
Enter value greater than 0
Training & Communications
Time spent resolving issues via communication
Enter value greater than 0
Enter value greater than 0
Time spent per week onboarding
Enter value greater than 0
Enter value greater than 0
Average employee cost
Enter value greater than 0