THE AUGMENTED & CONNECTED WORKER SAVINGS ASSUMPTIONS
SAVINGS CALCULATOR ASSUMPTIONS
Labor cost in manufacturing
Average labor cost for the manufacturing industry in Europe in 2020: 28.5€/working hour (Eurostat). And, the average labor cost for managers of the manufacturing industry in Europe in 2020: 35€/ working hour (Assumption)
Average employees efficiency in manufatcuring
- Employee Efficiency
- Save in average 15% of managers’ time
- Save in average 5% of frontline employees time
Average operational efficiency in manufatcuring
- Operational Efficiency
- Reduce up to 3% the time it takes to executes procedures
- Reduce up to 15% unplanned downtime
Average training efficiency in manufacturing
- Training
- Save on average 50% of the training and shadowing time of frontline employees
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