ROI Calculator - Producing vs Purchasing/Importing

1. Current Purchase Details

Investing in your business is a crucial part of future success. When investing specifically in capital equipment one of the key objectives is proving the Return on Investment. This ROI calculator will provide an initial comparison based on bringing production in-house vs purchasing and/or importing. Start by entering your current purchasing details.

Unit (pick your desired calculation unit)
{{ selectedUnit.plural }} Purchased Per Year
Price per {{ selectedUnit.single }}	$
Price paid per year for current {{ selectedUnit.plural \| lowercase }} purchased	{{ curPricePerYear() \| currency }}
Raw Goods Price per {{ selectedUnit.single }}	$

2. Miller Weldmaster Machine Labor Cost

Not sure what your ROI is on purchasing a new Miller Weldmaster machine? This ROI calculator is the first step to providing a quick analysis of how a new Miller Weldmaster machine can save your company time and money.

Need help filling this section out? Please contact your sales representative if you do not already know the number of employees you will need to be efficient and effective with your new Miller Weldmaster machine.

Estimated Production Time per {{ selectedUnit.single }} (min) Divide 1 by your rate of {{ selectedUnit.plural \| lowercase }} produced per minute (example: 12 {{ selectedUnit.plural \| lowercase }} per minute = 1/12 = .083 minutes)
Number of Employees
Hourly Rate ($/hr)	$
Hours per Day
{{ selectedUnit.plural }} Produced in 1 Day	{{wmProductPerDay()}}
Daily Labor Cost	{{wmDailyLaborCost() \| currency}}

3. Financials

We work with multiple finance companies that have multiple options to help you grow your business. These calculations are estimates only. If you would like more information on financing, please let us know.

Machine Price	$
Lease Terms (months)
Calculate Savings based on:

Results

We understand that investing in new equipment is a major business decision, but you won’t do it alone. We are here every step of the way. We hope this Return on Investment provided you and your business with the quick analysis needed in pursuing the decision to invest in your business.

Approximate Monthly Payment {{wmMonthlyPayment() | currency}}

Production Output
{{ selectedUnit.plural }} PRODUCED per Day	{{ wmProductPerDay() \| number }}
{{ selectedUnit.plural }} PRODUCED per Month	{{ wmProductPerMonth() \| number }}
{{ selectedUnit.plural }} PRODUCED per Year	{{ wmProductPerYear() \| number }}
YEAR 1 - Cost per {{ selectedUnit.single \| lowercase }} based on {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural \| lowercase }} including Labor and Machine Purchase	{{ wmPerPiece() \| currency }}
YEAR 1 - Cost per {{ selectedUnit.single \| lowercase }} based on {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural \| lowercase }} including Labor, Machine Purchase, and Raw Goods at {{ data.wmRawGoodsPrice \| currency }} per {{ selectedUnit.single \| lowercase }}	{{ wmPerPieceWithRaw() \| currency }}
YEAR 2 - Cost per {{ selectedUnit.single \| lowercase }} based on {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural \| lowercase }} including Labor and Raw Goods at {{ data.wmRawGoodsPrice \| currency }} per {{ selectedUnit.single \| lowercase }}	{{ wmPerPieceLaborWithRaw() \| currency }}

Labor Costs
per Day	{{ wmDailyLaborCost() \| currency }}
per Month	{{ wmMonthlyLaborCost() \| currency }}
per Year	{{ wmYearlyLaborCost() \| currency }}
Labor costs to produce current purchased amount of {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural }}	{{ laborCurrentPurchased() \| currency }}
Total Labor Costs for {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural }} plus Machine Purchase	{{ currentLaborPlusMachine() \| currency }}
Total Labor Costs Plus Raw Goods Only for {{ data.curEstPiecesPerYear \| number:0 }} {{ selectedUnit.plural }}	{{ currentLaborPlusRaw() \| currency }}
Total Labor Costs, Machine Purchase, and Raw Goods for {{ data.curEstPiecesPerYear \| number:0 }} {{ selectedUnit.plural }}	{{ currentLaborPlusRawPlusMachine() \| currency }}
Total Yearly Labor Costs plus Machine Purchase	{{ wmLaborPlusInvestment() \| currency }}
Total Yearly Labor Costs Plus Raw Goods Only for {{ data.curEstPiecesPerYear \| number:0 }} {{ selectedUnit.plural }}	{{ wmLaborPlusGoods() \| currency }}
Total {{ selectedLaborCostType.display }} Labor Costs, Machine Purchase, and Raw Goods for {{ data.curEstPiecesPerYear \| number:0 }} {{ selectedUnit.plural }}	{{ wmLaborPlusMachinePlusGoods() \| currency }}

Savings
Year 1 Savings based on {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural }}	{{ curFirstYearSavings() \| currency }}
Year 2 Savings based on {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural }}	{{ curSecondYearSavings() \| currency }}
Year 3 Savings based on {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural }}	{{ curThirdYearSavings() \| currency }}
Overall 3-Year Savings based on current purchased amount of {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural }}	{{ curOverallSavings() \| currency }}
Year 1 Savings	{{ wmFirstYearSavings() \| currency }}
Year 2 Savings	{{ wmSecondYearSavings() \| currency }}
Year 3 Savings	{{ wmThirdYearSavings() \| currency }}
Overall 3-Year Savings	{{ wmOverallSavings() \| currency }}

Print Results E-mail Results Clear All

Production Output
{{ selectedUnit.plural }} PRODUCED per Day	{{ wmProductPerDay() \| number }}
{{ selectedUnit.plural }} PRODUCED per Month	{{ wmProductPerMonth() \| number }}
{{ selectedUnit.plural }} PRODUCED per Year	{{ wmProductPerYear() \| number }}
YEAR 1 - Cost per {{ selectedUnit.single \| lowercase }} based on {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural \| lowercase }} including Labor and Machine Purchase	{{ wmPerPiece() \| currency }}
YEAR 1 - Cost per {{ selectedUnit.single \| lowercase }} based on {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural \| lowercase }} including Labor, Machine Purchase, and Raw Goods at {{ data.wmRawGoodsPrice \| currency }} per {{ selectedUnit.single \| lowercase }}	{{ wmPerPieceWithRaw() \| currency }}
YEAR 2 - Cost per {{ selectedUnit.single \| lowercase }} based on {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural \| lowercase }} including Labor and Raw Goods at {{ data.wmRawGoodsPrice \| currency }} per {{ selectedUnit.single \| lowercase }}	{{ wmPerPieceLaborWithRaw() \| currency }}

Labor Costs
per Day	{{ wmDailyLaborCost() \| currency }}
per Month	{{ wmMonthlyLaborCost() \| currency }}
per Year	{{ wmYearlyLaborCost() \| currency }}
Labor costs to produce current purchased amount of {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural }}	{{ laborCurrentPurchased() \| currency }}
Total Labor Costs for {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural }} plus Machine Purchase	{{ currentLaborPlusMachine() \| currency }}
Total Labor Costs Plus Raw Goods Only for {{ data.curEstPiecesPerYear \| number:0 }} {{ selectedUnit.plural }}	{{ currentLaborPlusRaw() \| currency }}
Total Labor Costs, Machine Purchase, and Raw Goods for {{ data.curEstPiecesPerYear \| number:0 }} {{ selectedUnit.plural }}	{{ currentLaborPlusRawPlusMachine() \| currency }}
Total Yearly Labor Costs plus Machine Purchase	{{ wmLaborPlusInvestment() \| currency }}
Total Yearly Labor Costs Plus Raw Goods Only for {{ data.curEstPiecesPerYear \| number:0 }} {{ selectedUnit.plural }}	{{ wmLaborPlusGoods() \| currency }}
Total {{ selectedLaborCostType.display }} Labor Costs, Machine Purchase, and Raw Goods for {{ data.curEstPiecesPerYear \| number:0 }} {{ selectedUnit.plural }}	{{ wmLaborPlusMachinePlusGoods() \| currency }}

Savings
Year 1 Savings based on {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural }}	{{ curFirstYearSavings() \| currency }}
Year 2 Savings based on {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural }}	{{ curSecondYearSavings() \| currency }}
Year 3 Savings based on {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural }}	{{ curThirdYearSavings() \| currency }}
Overall 3-Year Savings based on current purchased amount of {{ data.curEstPiecesPerYear \| number }} {{ selectedUnit.plural }}	{{ curOverallSavings() \| currency }}
Year 1 Savings	{{ wmFirstYearSavings() \| currency }}
Year 2 Savings	{{ wmSecondYearSavings() \| currency }}
Year 3 Savings	{{ wmThirdYearSavings() \| currency }}
Overall 3-Year Savings	{{ wmOverallSavings() \| currency }}