Technology Blog
Learn How to Achieve True ROI in Your Machine Shop
You might be tempted to arrive at your total cost of coolant (TCC) by multiplying coolant costs by usage — but that approach only tells a small part of the story. That’s why we’re exploring the hidden costs of CNC coolant in our latest white paper.
Some of these hidden costs include:
- Simple cost per fill. It costs you something each time someone has to monitor, mix, fill and report a CNC machine. This expense can quickly add up once you multiply this cost by the number of machines in your shop.
- Opportunity costs. Taking workers away from more productive activities each time they need to dump coolant into the sump is a hidden opportunity cost. These interrupted minutes per sump per shift quickly add up.
- Productivity gains. Machines that have the correct concentrations of coolant are more likely to run more at their maximum rate for more hours of the day — keeping the spindles spinning and putting money back in your pocket.
- Machine stoppages. Automating the coolant delivery process reduces the number of machine stoppages, minimizing a costly source of downtime.
- Tooling wear. Automatic, consistent coolant delivery with the right concentration means your tools won't wear as quickly, cutting down on the cost to buy new tools.
- Coolant concentration. Using an automated system means your machinists won’t err on the side of using higher-than-necessary coolant concentrations, saving you money.
The good news is, automatic coolant management systems like our FullShop™ System enable you to address these various hidden coolant costs. In our new white paper, we take a look at how this game-changing system can help you achieve true ROI and keep you producing year after year.
To learn more, download our white paper.
