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• About Us / Return On Investment (ROI)
At Routsis we are constantly asked “I know we need training, but how do I justify it?” There are many ways to justify and quantify such needs. Since poorly skilled employees are the root cause of most production losses, the highest return on investment comes from these three categories: Scrap, Downtime, and Equipment Damage.
In a recent industry survey we found that most companies lose over a quarter of a million dollars annually in scrap and reworked parts, yet are not willing to invest a fraction of this to remedy the problem. As a result, the trend continues and as the company expands and grows the financial losses become staggering. Our customers typically realize reductions of over 61% in scrap and rework while also eliminating customer returns – all as a direct result of improving the skills and confidence of their workforce.
Competent Workers Provide Immediate Payback Through:
* Lower scrap rates
* Reduced mold damage
* Decreased machine downtime
* Improved troubleshooting time
* Faster machine startup
* Fewer defects
* Consistent part quality
* Highly repeatable processes
* Shorter cycle times
* Less accidents
* Process optimization
* Increased customer satisfaction
* Quicker changeovers
* Extended tool and machine life
* More energy efficient processes
“Since we've integrated Routsis' interactive training into our in-house training program, we have realized significant results. A 60 percent reduction in the first year in scrap and rework costs were then followed by an additional 10 to 15 percent per year over the following 3 years.
By providing detailed training, our employees actively participate in the defect-prevention process. After understanding the process, they have the confidence and awareness to communicate potential problems in a more timely and effective basis.”
Steve Malinoski
Director of Quality & Engineering
Scitech Plastics Group
West Hatfield, MA
The Most Advanced Equipment Cannot Compensate for Poorly Skilled Workers
Despite major advances in technology, machine manufacturers have still not eliminated the need for a good molder. A strong fundamental knowledge of injection molding is necessary to properly set-up, troubleshoot, and maintain a stable process.
Do You Underestimate the Cost of Downtime?
In our experience, managers underrate the impact of downtime on their company, often ignoring hidden downtime in their calculations. Downtime is not only the time when the machine lies idle, not making parts. Mold change time, troubleshooting time, additional cycle time and any time when the machine is producing defective parts also constitutes downtime. Faster mold changes, more stable processes, and shorter cycle times can easily reduce this by more than 65%.
How Much Are Damaged Molds and Equipment Costing Your Company?
Although any piece of equipment can malfunction, smashed and damaged molds are generally the result of improper handling, processing, or maintenance. Employees lacking competence ignore signs of wear or violate good practices because they don't know any better. In most cases, they do not understand the impact of their actions to the company and their customers. We have found that virtually all employees want to do their jobs well, but most have never received the skill and confidence building tools necessary to do so.
It's Time to Get Serious about Training Your Employees
Investing in professional training demonstrates a commitment to your employees. Improvements in company loyalty and morale, as well as reduced turnover, will be clearly evident. A commitment to workforce competence is also an impressive selling point for both your current and future customers.
A Skilled and Competent Workforce Directly Increases Your Profits
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