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LabelDrive Calculator
Current State
Data Input
Annual Label Spend ($/yr)
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% Loss (damage, lost, or obsolete)/year
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Hours/week counting & auditing label inventory
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Hourly Pay Rate (for inventory audits)
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Bulk ordering (# weeks inventory per order)
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Annual IRR
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Cost per sq ft of warehouse space
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Approx # sq ft excess inventory occupies
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Calculate
Preliminary Calculations
Data Output
$ tied in bulk order/order
Average Weekly label spend
Opportunity Cost / bulk order
# of bulk orders/year
Cost to count inventory/week
Cost of tied-up capital cash flow
Cost of counting inventory/year
Costs of loss (obsolete, damaged or lost)/year
Cost of tied-up warehouse space