Scrap Cost Calculator
Calculate the True Cost of Scrap
Enter your production volume, scrap rates, and costs to see the financial impact. Set a target rate to quantify the savings from quality improvements.
Input Parameters
units
%
%
$/unit
$/unit
Total cost per scrapped unit: $20
Results
Annual Scrap Cost
$120,000
500 units scrapped per month
Scrapped Units
500
per month
Material Loss
$4,000
per month
Labor Loss
$6,000
per month
Current (5%)$120,000/yr
Target (2%)$48,000/yr
Monthly Savings
$6,000
Annual Savings
$72,000
Reducing scrap from 5% to 2% is a 60% reduction in defects, saving 300 units per month.
Reduce Scrap
Track Scrap in Real Time and Catch Defects Earlier.
WorkCell monitors scrap rates by machine, operator, and part number - so you can identify root causes fast and stop bleeding money on defects.