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8.6

Total Man Hours Saved

Asked by Vkiran2208 in Probability & Statistics

Tags: Money Saved

Hello,

In my previous job i was a Team Leader of a 10 member team of insurance services group. One of the process steps required as to calculate a catch up of the insurance policies which were received after the effective date. This meant that the associate had to manually enter the Employee's name and the payroll amounts into the excel sheet. The average time spent by the associate was anything beween 1 hour to 3 hour's depending on the number of employees in the policy. Since this was a tidious and time taking process i have come up with a solution of using Acrobat Converter to convert the policy details (which was received in a  PDF format) into Excel. This took to 2-3 minutes to convert the file into Excel and saved me and  my team a lot of time. Since this was a successful project i want to show it has an achivement in my resume. Hence i want to know as to  how much did i save for the company in terms of Man Hours and money. Please help me with this. Please find below a few more details regarding this project.

Total no of Employees : 10
Average Hourly Salary: 5 Dollars( it is Rs 375 as per indian currency)
Average number of Catchup's in a day|: 2 -3

Thanks and Regards
[+][-]09/10/09 06:29 AM, ID: 25299916Accepted Solution

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About this solution

Zone: Probability & Statistics
Tags: Money Saved
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Solution Provided By: ozo
Participating Experts: 1
Solution Grade: A
 
[+][-]09/11/09 02:08 AM, ID: 25307703Author Comment

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