Waste & Scrap Cost Calculator

Track TIMWOODS 8 Wastes & Calculate Waste Reduction ROI

Lean Manufacturing & Waste Tracking: This calculator helps identify and quantify the 8 wastes (TIMWOODS) in your manufacturing operations: Transport, Inventory, Motion, Waiting, Overprocessing, Overproduction, Defects, and Skills (unused talent). Track scrap costs, calculate scrap metal recovery value, and calculate ROI for waste reduction initiatives. Optimised for South African manufacturing context with ZAR currency and local scrap metal prices.

Material Scrap

Target: <5% for efficient operations

Scrap Recovery

Current SA price: R3-5/kg

Rework Costs

Typical: 1.5x (includes overhead costs)

8 Wastes (TIMWOODS)

Estimate monthly cost for each waste category

Unnecessary movement of materials, parts, or information

Excess stock that ties up capital and space

Unnecessary movement of people (walking, reaching, searching)

Idle time waiting for materials, information, or equipment

Doing more work than customer requires

Producing more or earlier than needed

Errors, rework, scrap, and warranty claims

Underutilizing employee knowledge and abilities

Other Costs

Company Info

Waste Reduction Initiative

Typical lean initiatives: 15-35% waste reduction

No Results Yet

Enter your waste data, TIMWOODS costs, and click calculate to see comprehensive waste cost analysis and reduction opportunities.