NSK RELEASES COST SAVING CALCULATOR APP FOR TABLETS, SMART PHONES AND PC

NSK has released a new cost saving calculator that allows to quickly calculate the potential total life cost savings by using NSK bearings in any given application. The App can be downloaded onto any Apple, Android or Windows device. Once downloaded the App allows you to directly compare the costs of purchase, installation, maintenance, replacement, downtime etc. between your existing bearing solution and an NSK bearing.

As Operations Managers are coming under increased pressures to reduce costs it's becoming ever more important to be able to quickly calculate the Total Cost of Ownership (TCO) of components prior to specification. However this can often be a challenge as there are many variables to consider during the component's life.

Specifying the most cost effective bearing solution, for example, isn't straight forward. Direct comparison between initial unit purchase prices may be easy, but very often the cheapest bearing will also be the one which takes longest to install, requires additional maintenance and fails prematurely leading to downtime and additional replacement costs.

The Cost Saving Calculator App is part of the full NSK program designed to optimise manufacturer efficiency and provide key skills for engineers. This is known as NSK's Added Value Programme, AIP. This is a way to ensure that the technical expertise of NSK is married with customers' industry knowledge to solve key problems in order to improve performance, increase reliability and ultimately enhance profitability.

The new App has been released to download from Apple's App Store, Google Play and direct from the NSK Europe website. By simply entering data into a few specified fields, the user is able to quickly compare the costs of their existing bearing solution with an NSK solution; this can then be saved to the App or emailed to any chosen recipient.