Maximize Your Savings with the Orbital Stretch Wrapper ROI Calculator The blog informaiton of the FHOPE FHOPEPACK

Name: Maximize Your Savings with the Orbital Stretch Wrapper ROI Calculator
Brand: FHOPE

Investing in an orbital stretch wrapper is a significant decision, especially if you’re looking to improve operational efficiency, reduce manual labor, and optimize packaging costs. But how do you quantify the potential return on investment (ROI)? With Fhope’s Orbital Stretch Wrapper ROI Calculator, you can input specific operational data to see exactly how much you could save on labor and per-load costs by upgrading to an automated orbital wrapping system.

As businesses grow, so do packaging needs, and it’s easy for labor costs to skyrocket without efficient systems in place. The ROI calculator helps make this decision easier by giving clear, data-backed insights into how much you could save on labor costs annually and per pallet wrapped.

The process is straightforward. Simply input details such as the number of pallets wrapped daily, the time it takes to wrap each manually, employee costs, and the cost of an automated wrapper. Let’s dive deeper into the features of the calculator, how it works, and use a practical example to show just how impactful an automated orbital wrapping machine can be for your operation.

How the ROI Calculator Works

The Fhope ROI calculator for orbital stretch wrappers is designed to capture key cost-saving areas related to labor, wrapping efficiency, and machine capabilities. By entering basic information about your current packaging processes, the calculator provides a detailed estimate of your potential savings after switching to an automated orbital wrapping solution.

The calculator requires the following inputs:

Number of pallets wrapped per day: Helps estimate daily output and labor requirements.
Time to wrap each pallet manually: Reflects the current manual labor efficiency and allows the calculator to measure improvements with automation.
Number of employees involved in wrapping: Highlights labor intensity and provides a basis for calculating labor cost reductions.
Hourly wage of employees: Used to estimate direct labor costs.
Fringe benefits (as a percentage): Calculates the additional cost associated with each employee, such as benefits, insurance, and other expenses.
Cost of an automated wrapping machine: Input the price of the desired orbital wrapping machine to include it in the ROI calculation.
Estimated time to wrap a pallet with the machine: Typically, an automated machine completes the process much faster than manual wrapping, allowing for a comparison of time and labor costs.
Number of working days per year: Defines the total operational days, which affects annual savings.

With these inputs, the calculator estimates total labor cost savings and per-load savings, offering valuable insights into the payback period and long-term financial benefits of upgrading to an orbital wrapping machine.

Example Calculation: Realizing the Impact of Automation

Let’s walk through an example to illustrate how the ROI calculator can provide a clear picture of the savings from switching to an automated orbital wrapping machine. Suppose you’re currently wrapping 100 pallets per day manually, and it takes an average of 10 minutes to wrap each pallet. You have two employees handling this task, each earning $15 per hour with an additional 20% in fringe benefits.

Enter Basic Labor and Cost Data:
- Pallets wrapped per day: 100
- Time to wrap each pallet manually: 10 minutes
- Number of employees wrapping: 2
- Hourly wage: $15
- Fringe benefits: 20%
Input Machine and Operation Details:
- Cost of automated wrapping machine: $30,000
- Time to wrap a pallet with the machine: 2 minutes
- Working days per year: 250 days
Calculate Potential Savings:
- Current labor costs: With two employees working a total of 10 minutes per pallet, wrapping 100 pallets per day, labor costs add up quickly. Here, you’re looking at 1,000 minutes (16.67 hours) daily. With an hourly wage of $15 plus 20% fringe benefits, the daily wrapping cost is approximately $300.
- Labor costs with automation: If the machine wraps each pallet in just 2 minutes, the total wrapping time per day drops to 200 minutes (about 3.33 hours), requiring less than one employee’s work time. This translates to approximately $60 daily with the automated machine.
- Daily savings: Switching to an automated machine saves around $240 per day in labor.
- Annual savings: With 250 working days per year, the annual labor cost savings amount to $60,000.
- Per-pallet savings: By comparing the labor cost per pallet, you can see a reduction from $3.00 to $0.60, saving $2.40 on each pallet wrapped.

In this example, the initial $30,000 investment in the orbital wrapping machine pays for itself in approximately six months, with continued savings accruing over the lifespan of the machine. This simplified example highlights the significant labor cost reductions and increased efficiency achievable by moving to automated wrapping.

The Benefits of Using an Orbital Stretch Wrapper

Beyond cost savings, an orbital stretch wrapper introduces a range of benefits that improve overall productivity and operational efficiency. Here’s how:

Speed and Efficiency: Automated wrappers are designed to handle high volumes quickly, allowing your team to allocate time to other critical tasks.
Consistency and Quality: By removing manual variation, an orbital wrapper applies uniform tension and wrapping, improving load stability and reducing product damage.
Reduced Strain on Labor: With less manual effort required, employees experience fewer strain-related injuries, enhancing workplace safety.
Predictable Maintenance and Long-Term Reliability: Many orbital wrappers are built to endure intensive use, offering predictable performance with minimal maintenance.

The calculator offers a practical and accessible way to visualize these savings, making it easier for businesses to justify the investment in automation.

Investing in an orbital stretch wrapper is more than a financial decision—it’s a move toward greater efficiency, safety, and reliability. With Fhope’s ROI calculator, businesses can assess the tangible benefits of this investment, allowing for informed decision-making and more efficient operations. Use this powerful tool to calculate your potential savings and see how quickly your investment could begin paying off.