Industrial Supply eTurns ROI
Subscription-based, Point-of-Use, PDA enabled
Inventory Management & Replenishment System
For all your remote stock room items
An Easy-to-Use and proven 500+% ROI Solution

Do you know what’s in your remote inventory? It’s about time

      1.    Sample Justification with improved inventory management
Assume one stockroom has a current inventory investment of $50,000, with an annual carrying cost of 27%. Through better inventory management, your operation yields just a 20%* reduction in inventory levels, and a 20%** reduction in inventory carrying costs. Not included here (but should be in your calculation) are the amount of inventory, tools and other assets lost or stolen, that can now be tracked by eTurns.

*Industry associations project average overstock at 35%, with annual turns of 3.5
**Industry associations project average carrying costs at 27%

     2.   Sample Justification through electronic ordering benefits
Through easier, more efficient, accurate and automatic ordering processes, it’s proven that organizations yield a decreased average purchase spend. This is achieved by not re-ordering obsolete items, items already over-stocked, and the ability to quickly identify and transfer items, etc.. Again, calculate using just one stockroom.

     3.   Sample Justification through People Productivity
With PDA enabled scanning and check-outs of items for projects or repair, reduced time taking physical inventories, reduced time in correcting errors, reduced time in calculating, placing and receiving orders, and through automatic electronic ordering, your operation will see a dramatic improvement in people productivity. With optimal inventory levels and more time, your people will be able to complete projects and repairs quicker. This example takes just one employee with a 20% improvement in their productivity.

reduced time taking physical inventories (PI),				Your Numbers		Example
	# of items to count					750 items
	X time saved scanning in minutes per item					X 0.4 min Saved
	X # of PIs / month					X 4 PIs / month
	/ 60 minutes		/			/ 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
	= 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
	= 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
	= 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
	= 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			+			+____________
Automated processes Establish Sarbanes-Oxley controls			+			+____________
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 time taken for hand writing			+			+____________
No time taken for phone orders / short reporting			+			+____________
No misinterpretation of voice message or handwriting			+			+____________
No misjudgment on order quantity			+			+____________
PEOPLE PRODUCTIVITY TOTALS		=	$	(PP)		$762+ savings / month

     4.   Sample Reduction in stock-outs
With eTurns, your operation will maintain optimal inventory levels, decreasing or eliminating stock-out situations. A single out-of-stock item can shut down an entire process, leaving your people (or your customers) idle – causing company productivity, service levels and sales to plummet, and costs to soar.

*eTurns monthly subscription fee varies by size of stockroom inventory