Tool Presetters: An Investment that Pays for Itself… Quickly
When purchasing a piece of equipment, it is important to understand the return on investment. Tool presetters vary in shape, size and functionality, but one thing they all have in common is that they can provide incredible value for your production facility. Tool presetter systems vary in price from around $10,000 to well over $100,000 but can often provide a full return on investment in less than one year.
It can be difficult to quantify how a tool presetter is worth the capital investment, but it all comes down to improving your shop efficiency. Tool presetters reduce set-up time, reduce scrap and extend tool life. Suppose you have 6 machining centers. You change jobs twice a day with an average of 40 tools per job. If touching off a tool takes two and a half minutes, then this leaves each tool spindle idle for 200 minutes per day. Six spindles idle for 200 minutes per day = 1,200 minutes wasted per day. That’s 20 hours of time that your machine spindles are not cutting chips, and this costs you money!
With a machine rate of $100 per hour, those 20 hours cost you $2,000 per day in lost time, $40,000 a month, and nearly $500,000 within a 50-week year. To keep numbers realistic, cut that number in half. That is still a savings of $250K per year from a tool presetter.
Not all presetters are created equal.
Omega Tool Measuring Machines, formerly Parlec presetters has been designing, building and servicing the world’s only USA made presetters for over 30 years. We are so confident with the construction of our equipment that we are the only presetter company that offers a 10-year limited warranty. In the above example, with $250K in savings each year, an Omega presetter will pay for itself in a few months.
It is also important to understand that this example only considers the spindle time saved by using a presetter. An investment in a presetter also leads to additional savings due to:
- Reduced scrap rates
- Longer tool life
- Reduced machine crashes due to incorrect tool length/diameter
- Operator error or “fat fingering”
- Ability to kit jobs
Interested in learning how much you could be saving with an Omega TMM Presetter?
Calculate Your ROI