KEVOS® WORKOS · Improvement

Jig and Fixture Return on Investment

Is this jig or fixture worth building?

Calculates payback and first-year return of a jig or fixture from time, scrap and maintenance effects.

Open the calculatorRuns in your browser. No account needed.

How this tool works

Inputs, units and where to find them

InputUnitTypical source
Design and build investment$Design and build cost
Time saved / runminTime saved per run (trial or estimate)
Runs / monthrunsRuns per month from the schedule
Labour rate$/hrLoaded labour rate
Monthly scrap and rework savings$Monthly scrap and rework reduction
Fixture maintenance / month$Monthly fixture maintenance and calibration

Method and formulas

  1. Monthly benefit = time saved ÷ 60 × runs × rate + scrap saving − maintenance
  2. Payback = investment ÷ monthly benefit
  3. Bands: up to 12 months strong, up to 24 review (tool defaults)

Limitations

  • Assumes usage continues at the entered rate

Typical uses

  • Approving fixture builds
  • Comparing fixture designs

Who it is for

  • Manufacturing engineers
  • Toolroom and production managers

What you get

  • STRONG CASE, REVIEW / JUSTIFY or WEAK CASE
  • Payback in months and first-year ROI

Interpreting the result

  • Replace the 12 and 24-month bands with your own payback policy

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.

Open the Jig and Fixture Return on Investment calculator