reduced time taking physical inventories (PI), |
|
|
Your Numbers |
|
Example |
| |
# of items to count |
|
|
_____________ |
|
750 items |
|
X time saved scanning in minutes per item |
|
|
_________0.4_ |
|
X 0.4 min Saved |
|
X # of PIs / month |
|
|
_____________ |
|
X 4 PIs / month |
|
/ 60 minutes |
|
/ |
__________60_ |
|
/ 60 |
|
= total saved PI hours/month |
|
= |
_____________ |
|
= 20 hours / month |
|
X average burdened hourly rate |
|
X |
_____________ |
|
X $29 / hour |
|
= PI savings / month |
|
= |
_____________ |
|
= $580 savings / month |
| |
reduced time in correcting order errors, |
|
|
Your Numbers |
|
Example |
|
time saved in minutes from correcting errors |
|
|
_____________ |
|
16 minutes saved |
|
/ 60 minutes |
|
/ |
__________60_ |
|
/ 60 |
|
= total correcting orders hours/month |
|
= |
_____________ |
|
= 0.27 hours / month |
|
X average burdened rate |
|
X |
_____________ |
|
X $29 / hour |
|
= “error correcting” savings / month |
|
= |
_____________ |
|
= $8 savings / month |
| |
reduced time in calculating orders, |
|
|
Your Numbers |
|
Example |
|
time saved in minutes calculating orders |
|
|
_____________ |
|
180 minutes saved |
|
/ 60 minutes |
|
/ |
__________60_ |
|
/ 60 |
|
= total calculating orders hours / month |
|
= |
_____________ |
|
= 3 hours / month |
|
X average burdened rate |
|
X |
_____________ |
|
X $29 / hour |
|
= “calculating orders” savings / month |
|
= |
_____________ |
|
= $87 savings / month |
| |
reduced time in placing orders |
|
|
Your Numbers |
|
Example |
|
time saved in minutes placing orders |
|
|
_____________ |
|
60 minutes saved |
|
/ 60 minutes |
|
/ |
__________60_ |
|
/ 60 |
|
= total placing orders hours / month |
|
= |
_____________ |
|
= 1 hours / month |
|
X average burdened rate |
|
X |
_____________ |
|
X $29 / hour |
|
= “placing orders” savings / month |
|
= |
_____________ |
|
= $29 savings / month |
| |
reduced time in receiving orders |
|
|
Your Numbers |
|
Example |
|
time saved in minutes receiving orders |
|
|
_____________ |
|
120 minutes saved |
|
/ 60 minutes |
|
/ |
__________60_ |
|
/ 60 |
|
= total receiving orders hours/month |
|
= |
_____________ |
|
= 2 hours / month |
|
X average burdened rate |
|
X |
_____________ |
|
X $29 / hour |
|
= “receiving orders” savings / month |
|
= |
_____________ |
|
= $58 savings / month |
| |
Manager productivity 10% more selling time |
|
+ |
_____________ |
|
+____________ |
Automated asset & tool tracking Reduces shrinkage 5-10% |
|
+ |
_____________ |
|
+____________ |
Automated processes Eliminates handwritten inaccuracy |
|
+ |
_____________ |
|
+____________ |
Fully automated replenishment Take advantage of systems |
|
+ |
_____________ |
|
+____________ |
No data entry @ HQ save headcount |
|
+ |
_____________ |
|
+____________ |
Increased, sustainable rates of growth increase gross margin |
|
+ |
_____________ |
|
+____________ |
Increased data timeliness / accuracy |
|
+ |
_____________ |
|
+____________ |
Increased mastery of the exceptions |
|
+ |
_____________ |
|
+____________ |
Increased flexibility / responsiveness |
|
+ |
_____________ |
|
+____________ |
Improved ability to compete |
|
+ |
_____________ |
|
+____________ |
Higher service levels |
|
+ |
_____________ |
|
+____________ |
No misjudgment on order quantity |
|
+ |
_____________ |
|
+____________ |
|
|
| PEOPLE PRODUCTIVITY TOTALS |
= |
$ |
_____________ (PP) |
$762+ savings / month |
| |
|
Example |
|
Your Numbers |
| Item 1. Monthly Automatic Electronic Ordering Benefits |
|
$133 |
|
$_____________ |
| Item 3. Monthly Purchase Order Cost Savings |
|
$80 |
|
$_____________ |
| |
| Total Monthly Benefits Per Customer |
|
$507 |
|
$_____________ |
| Less eTurns monthly investment*** |
|
-$(150) |
|
-$_____________ |
|
|
| Equals Net Monthly Benefits |
|
$357 |
|
$_____________ |
| Times Total Number of Customers |
|
x 50 |
|
x ____________ |
|
|
| Equals Total Monthly Customer Benefits |
|
$17,850 |
|
$_____________ |
| |
| Plus Item 2: Monthly People Productivity |
|
+$1,125 |
|
+$_____________ |
| |
| Net Monthly Benefits |
|
$18,975 |
|
$_____________ |
| |
| Total eTurns monthly investment (50 * $150) = |
|
$7,500 |
|
| |
| ROI (18975 / 7500 * 100) = |
|
253% |
|