Simulate the 10-year ROI of repairing damaged rack frames with rack repair kits versus replacing them with OEM frames. Follow the instructions below to learn more about filling each form field and understanding the results.
Calculate ROI
| Year | Rack Replacement | Rack Repair | Total ROI ($) | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Frames Replaced | Total Costs ($) | Total Frame-Weeks Downtime | Lost Revenue due to Downtime ($) | Frames Repaired | Total Costs ($) | Total Frame-Weeks Downtime | Lost Revenue due to Downtime ($) | ||
Lifetime Warranty
Get peace of mind knowing your Damotech engineered rack repair kit is backed by a comprehensive warranty. Our DAMO PRO comes with a lifetime warranty against impact, no questions asked!
Protects from Future Damage
Repair Kits are made from heavy-duty steel and are much more resistant to frontal and lateral impacts than original cold-formed racks. Repair Kits significantly reduce the chance of future forklift damage, promoting a safer work environment.
Restores Original Load Capacity
Damotech's engineered rack repair kits fully restore your racks' load capacities and replicate the original brace design configuration so that structural engineering is maintained.
Fast Installation
Our kits are usually installed in 30-45 minutes. Swift and safe, our proprietary lifting equipment greatly facilitates the installation of repair kits by supporting the rack during the repair. Best of all, no unloading of merchandise is required in most situations.
Works on All Types of Racks
Damotech kits are custom-designed to be compatible with a wide range of pallet rack systems from any manufacturer, ensuring a perfect fit for your warehouse. Even if your racks can no longer be manufactured, we can fix them.
Short Lead Time
Damotech's state-of-the-art automated facility ensures the fastest production times in the industry, minimizing wait times for your repairs. All our custom repair kits can be shipped in a matter of weeks.
When evaluating the cost of replacing racks, it’s essential to consider more than just the price of an upright frame. Several additional costs contribute to the total replacement expense. For example, to replace an upright frame, you must first unload each beam level on both sides of the damaged frame. Only then can you dismantle the rack and proceed with the frame replacement. This process requires labor and equipment, both of which add to the overall cost.
Here’s a breakdown of the typical costs associated with frame replacement (default value used in the calculator):
| OEM Frame Cost: | $290 |
| Freight: | $1,200 |
| Rental (Scissor Lift): | $300 |
| Unloading: | $60 |
| Dismantling: | $120 |
| Installation: | $150 |
| Total Replacement Cost: | $2,120 |
Like replacements, rack repairs also come with associated costs. However, in most situations, repairs don’t require unloading, dismantling, or reinstalling racks, resulting in significant labor savings. Since repair kits are installed using proprietary equipment, no rentals are needed. Also, installation generally takes under an hour, minimizing operational disruption and downtime. Best of all, engineered rack repair means you'll most likely never have to fix a repaired location ever again.
Here’s a breakdown of the default value used in the calculator:
| OEM Frame Cost: | $440 |
| Freight: | $500 |
| Rental (Scissor Lift): | $0 |
| Unloading: | $0 |
| Dismantling: | $0 |
| Installation: | $125 |
| Total Repair Cost: | $1,065 |
Total number of frames in your warehouse:
This field represents the total number of pallet rack frames in your warehouse. A rack frame, also known as an upright frame, consists of two vertical columns (posts) connected by horizontal and diagonal braces. This number is used to calculate the number of frames damaged each year in your warehouse.
Average percentage of frames damaged per year (%):
This is the average percentage of frames in the warehouse that are typically damaged annually. It helps estimate how many frames need to be repaired or replaced annually.
Lost revenue for downtime per frame per week ($):
This input represents the estimated financial loss incurred each week that a pallet rack frame is out of operation due to damage. When a frame is unavailable, it can disrupt warehouse operations, resulting in lost revenue, delays in product handling, and inefficiencies. This value should reflect the impact of having reduced storage capacity or operational efficiency for each damaged frame. The number entered here is multiplied by the weeks it takes to replace or repair the frame to calculate the total lost revenue due to downtime when the frame is non-functional. Enter 0$ if there is no financial impact for downtime in your warehouse.
:
The average total cost to replace a damaged pallet rack frame with an original equipment manufacturer (OEM) frame. This includes all component parts, freight, rentals, unloading, dismantling, and installation. The amount reflects the numbers from our rack repair vs. replacement infographic.
Lead time for an OEM frame replacement (weeks):
The number of weeks it takes to get a damaged frame replaced with an OEM replacement. This value helps calculate the lost revenue due to downtime caused by the replacement process.
Total cost to repair a frame with a Damotech repair kit ($):
The average total cost to repair a damaged pallet rack frame using a Damotech engineered repair kit like the DAMO PRO 24". This includes the repair kit cost, freight, and installation. The amount reflects the numbers from our rack repair vs. replacement infographic.
Lead time for a Damotech repair kit (weeks):
The number of weeks it takes to get a damaged frame repaired with a Damotech repair kit. This value is used to calculate the lost revenue due to downtime during the repair process.
Year:
This column represents the year of the analysis, from 1 to 10.
Frames Replaced:
This column shows the number of pallet rack frames replaced in a year. This value is calculated as a fixed percentage of the total number of frames in the warehouse, as damaged frames that are replaced can still get damaged again in subsequent years.
Total Costs for Replacement ($):
This column represents the total direct costs of replacing the damaged frames for that year. This includes all component parts, freight, rentals, unloading, dismantling, and installation. The amount reflects the numbers from our rack repair vs. replacement infographic.
Total Frame-Weeks of Downtime:
This represents the cumulative impact of downtime on racking. It considers the number of frames out of service and their duration of unavailability. It helps assess the impact of downtime in warehouse efficiency.
Lost Revenue for Replacement ($):
This column represents the financial losses caused by downtime while waiting to replace damaged frames with OEM replacements. The lost revenue is calculated based on the lead time for replacement and the cost of downtime per week.
Frames Repaired:
This column shows the number of frames repaired using Damotech repair kits for that year. As frames are repaired, they will no longer need to be repaired in the future, so the number of frames eligible for repair decreases over time.
Total Costs for Repair ($):
This column represents the direct costs associated with repairing damaged frames using Damotech repair kits for that year. This includes repair costs, freight, and installation. The amount reflects the numbers from our rack repair vs. replacement infographic.
Lost Revenue for Repair ($):
This column represents the financial losses caused by downtime while waiting to repair damaged frames using Damotech repair kits. The lost revenue is calculated based on the repair lead time and the weekly downtime cost.
Total ROI ($):
This column calculates the total return on investment (ROI) realized by repairing damaged frames with Damotech kits instead of replacing them with OEM frames. It is the difference between the total costs for replacement plus associated lost revenue, and the total costs for repair plus associated lost revenue. Positive values indicate cost savings from opting for repairs over replacements.
Our rack safety experts are here to help and answer any questions you might have about the rack repair process.
