TaeguTec’s ‘Cost Saving Calculator’ is a very convenient mobile app that helps users to analyze and measure the cost saving opportunities. Specifically, this app is able to measure the cost savings without inputting the costs data of Tooling, Machinery, Manpower, Raw material and Overheads for a manufactured product and also it is possible to input users’ own cost data in the ‘VALUE’ field and then calculate the cost savings arising from changes in Tool price, Tool life and Productivity. With a user friendly interface, the app makes data entry convenient and offers a choice of two types of graphical illustrations to aid quick analysis.