TDM Systems launches online ROI calculator

Schaumburg, Ill.-based TDM Systems, a subsidiary of Sandvik Machining Solutions and provider of tool data management in the machining industry, has introduced an online calculator to help users calculate potential savings and ROI when using TDM tool management systems.

The user answers a few simple online questions, and the calculator provides information as it relates to the user’s tooling investment. The software supports the reduction of tool variety and the targeted use of the best tools. At the same time, tool-related machine downtimes can be easily reduced and hidden crib inventory minimized, the manufacturer states.

The calculator is available free of charge at www.tdmsystems.com/en/tool-lifecycle-management/roi-calculator/.