KEVOS® WORKOS · Improvement
Improvement Value
What is this process improvement worth?
Values the labour time released by an improvement and its payback.
Open the calculatorRuns in your browser. No account needed.
How this tool works
Inputs, units and where to find them
| Input | Unit | Typical source |
|---|---|---|
| Current time / occurrence | min | Measured time per occurrence before the change |
| Improved time / occurrence | min | Measured or trialled time per occurrence after the change |
| Occurrences / week | times | Occurrences per week from records |
| Loaded labour rate | $/hr | Loaded labour rate |
| Implementation cost | $ | One-off implementation cost |
| Working weeks | weeks | Working weeks per year |
Method and formulas
- Hours released = (old − new minutes) × occurrences × weeks ÷ 60
- Annual value = hours released × rate
Limitations
- Released time is not automatically cash
Typical uses
- Kaizen and suggestion schemes
- Prioritising improvement ideas
Who it is for
- Team leaders
- Continuous-improvement staff
What you get
- Hours released and annual value
- Payback in months
Interpreting the result
- Name the work the released hours will do or the cost they avoid
WORKOS tools are screening and decision-support utilities. Verify important financial, engineering, safety, legal or operational decisions using appropriate professional standards and your organisation’s approved data.
