Maintenance, Repair, and Operational Supplies (MRO) 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.
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