ROI Calculator

Materials

Inbound Material
Quantity of Trucks
(per day)

Time per Truck
(in minutes)

Total

Daily Accounting Review of Transactions (total time in minutes)
Total Minutes
Total Hours

Labor

Average Cost per Hour 1 $
Daily Savings $
Days Open per Year 2
Total Labor Savings $

Other

Yearly Cost due to Entry Mistakes
Other Yearly Savings 3 - (better throughput due to faster truck processing time and additional hours of operations)
Total Savings $

Your ROI

Average Cost of one (1) Entry Station with Installation 4 $23,542.00
   
ROI

1 Using an average hourly rate of $10 with a 50-hour workweek for 52 weeks a year – the base salary of an attendant is $26,000 – add vacation ($1000), taxes at .075 ($1950), medical benefits ($3600), sick time ($500), other insurance ($150) – the yearly labor cost is $33,200.00 (a total avg of $16/hr). Plus – a manager needs to manage and supervise the attendant. Issues such as tardiness and attendants calling in sick become major headaches for the manager. The manager’s time could be better utilized managing the operation/business.

2 Common amounts listed below:
260 = 5 days/week, 52 weeks/year
312 = 6 days/week, 52 weeks/year
365 = 7 days/week, 52 weeks/year

3 To calculate the ROI for placing the scale house into an unattended mode, click the “Clear All” button then enter the person’s salary (including benefits) in the “Other Yearly Savings” field.

4 The average cost for a completely installed 1-entry station system which includes equipment, software, training, equipment setup, and estimated installation (installation excludes concrete and electrical work). Actual cost may vary.