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ROI AnalysisJanuary 8, 20258 min read

Calculating ROI: Why Digital Time Study Software Pays for Itself

Real-world case studies showing how manufacturers achieve 300-500% ROI by digitizing their time study processes. Learn the exact calculations and metrics that matter.

Lisa Thompson
Manufacturing Consultant
Calculating ROI: Why Digital Time Study Software Pays for Itself

The Business Case for Digital Time Studies

Traditional paper-based time studies are costly, error-prone, and time-consuming. Digital solutions offer immediate returns through improved accuracy, reduced study time, and enhanced data analysis capabilities.

Quantifying the Investment

Consider these typical costs and savings when evaluating time study software:

Traditional Method Costs

  • 4-6 hours per study
    Average completion time
  • 15-20% error rate
    Requiring costly rework
  • Limited analysis capabilities
    Basic Excel functionality
  • 2-3 hours report generation
    Manual formatting and charts

Digital Solution Benefits

  • 50-70% time reduction
    Automated calculations
  • 95%+ accuracy rate
    Built-in validation
  • Real-time analytics
    Live dashboards and reporting
  • Automated calculations
    Eliminate human error

Real-World ROI Examples

1

Automotive Manufacturer

50 engineers • Large scale operation

400% ROI
Achieved within 8 months

Reduced study time from 5 hours to 1.5 hours per study, eliminating bottlenecks and improving engineer productivity.

2

Electronics Assembly

High-precision manufacturing

300% ROI
Through error elimination

Improved accuracy eliminated costly rework and disputes, while professional reports impressed executives.

Calculate Your ROI

ROI = (Annual Savings - Software Cost) / Software Cost × 100

Most organizations see positive ROI within 6-12 months of implementation.

Key Takeaways

  • Professional time study methodologies require systematic implementation
  • Digital tools significantly improve accuracy and efficiency
  • Continuous improvement culture drives sustainable results

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