Waste & Scrap Cost Calculator
Track TIMWOODS 8 Wastes & Calculate Waste Reduction ROI
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
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Enter your waste data, TIMWOODS costs, and click calculate to see comprehensive waste cost analysis and reduction opportunities.
