DrillMeister Tool Cost Reduction Calculator

DrillMeister Tool Cost Reduction Calculator

This calculator allows you to analyze the benefits of switching from your current solid drill to our head exchangeable drill, DrillMeister.
By entering values in the following fields, you can calculate the expected tool life of DrillMeister for the same tool cost you spend on your current solid drill (break-even point) and the expected annual savings from the extended tool life.
Representative values are pre-filled in each field, but please modify them according to your situation and check the results.
* Click here to see examples of extended tool life with DrillMeister
* Click here to see the benefits in tool management after switching to DrillMeister

Current Solid Drill

*required fields
Currency
Drill diameter
Hole depth
Purchase price of current solid drill
Regrinding frequency
Regrinding/recoating cost

Current Tool Life

Tool life in number of holes
Tool life in machining length m

Discount Rate for Tools

Discount rate Please enter the discount rate that is applied to the standard price when you purchase tools from your tool supplier. The discount rate represents the percentage of how much the purchase price is discounted compared to the standard price. A range of 30-60% is a general guideline. For exact values, please contact your tool supplier.

Machined Parts and Production Conditions

Monthly production quantity of parts using the drill
Number of holes in one part

You will be able to save…

Tool Cost of Current Solid Drill

Tool cost per hole of current tool 0.025USD
Annual tool cost of current tool 11,760USD per year

Break-Even Point for Switching to DrillMeister

Tool life in number of holes for the same tool cost of the current solid drill 1,918holes
(Tool life in drilling length for the same tool cost of the current solid drill) 96m
* Click here to see examples of extended tool life with DrillMeister

Tool Cost Reduction Target and Effect

When aiming to reduce tool cost by 30% compared to the current solid drill

Required tool life in number of holes 2,741holes
(Required tool life in drilling length) 137m
Annual cost reduction 3,528USD per year

When aiming to reduce tool cost by 50% compared to the current solid drill

Required tool life in number of holes 3,837holes
(Required tool life in drilling length) 192m
Annual cost reduction 5880USD per year

Notes and Disclaimers

  • The tool cost calculation for DrillMeister assumes no regrinding or recoating.
  • The tool life of the drill body of DrillMeister (Head dia. ø6.0 – 25.9) is calculated assuming the drill body will be replaced after using 30 drill heads.
  • The tool life of the drill body of AddMeisterDrill (Head dia. ø4.0 – 5.9) is calculated assuming the drill body will be replaced after using 10 drill heads.
  • The simulation results do not guarantee the actual effects. Please note that the actual effects may vary depending on individual circumstances.

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