Cost Savings Worksheet
Using BLACK MAGIC® Staples

 
Staple Removal    
______ / 3600 x  _______ x  ______ x 12 =  ________ (a)
Time (sec)
to remove staples
per tire.
Labor cost per hour Tires made per month  
       
Damage    

________ x 12

x _______ = _________ (b)
Envelopes damaged by metal staples per month. Envelope cost  
       

________ x 12

x _______ = _________ (c)
Wick pads torn by metal staples per month. Wick pad cost  
       
Rework    

________ x 12

x _______ = _________ (d)
Re-runs from using damaged envelope per month. Cost per
re-run
 
     
Injury    

________ x 12

x _______ = _________ (e)
Worker Injuries from metal staples on floor per month Average cost of worker injury  
     
Quality    
( ________ +  ________ ) x _______ = __________ (f)
Customer complaints for leaving metal staple in tire
per month
Dissatisfied customers that do not complain per month Cost of customer complaints  
     

________ x 12

x _______ = _________ (g)
Cost of improved quality per tire due to elimination of cut marks where metal staples removed Tires/month  
     
Fasteners    
( ________  -  ________ ) x _______ = __________ (h)
Cost of metal staples per thousand Cost of Black Magic® staple
per thousand
Annual staple consumption in thousands  
     

TOTAL ANNUAL SAVINGS

__________________ 

 

(add a through h) 

 
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