LabelDrive Plus Calculator
Do you know Your TOTAL COSTS of Label Procurement?
Current State Data Input
Annual Label Spend ($/yr)
% Loss (damaged, lost, or obsolete)/year.
Hours/week counting & auditing label inventory
Hourly Pay Rate (for inventory audits)
Bulk ordering (# weeks inventory per order)
Annual IRR
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/Year
Cost of counting inventory/year
Cost of waste /year
Total Excess Inventory Costs
Adjusted Total Annual Label Costs
Future State Data Input
Annual Label Spend ($/yr)
% label price discount - LabelDrive
Discount Total
Label spend/yr after discount
Inventory per level (# weeks)
NEW % Loss (damaged, lost, or obsolete)/year.
NEW Hours/week counting & auditing label inventory
Hourly Pay Rate (for inventory audits)
Annual IRR
Hours/WEEK saved through LabelDrive's Label Management & Procurement Platform
Hourly Pay Rate for Procurement Folks
Preliminary Calculations Data Output
NEW $ tied in bulk order/order
NEW Average Weekly label spend
NEW Opportunity Cost / bulk order
NEW # of bulk orders/year
NEW Cost to count inventory/week
NEW Cost of tied-up capital cash flow/Year
NEW Cost of counting inventory/year
NEW Cost of waste /year
Total Excess Inventory Costs
Add in LabelDrive Discount
Add in Cost REDUCTION due to time saved with LabelDrive
Total Costs with Discount
Adjusted Total Annual Label Costs
TOTAL EXCESS INVENTORY SAVINGS
TOTAL LABELDRIVE PROGRAM SAVINGS
Current State Data Input
Annual Label Spend ($/yr)
% Loss (damaged, lost, or obsolete)/year.
Hours/week counting & auditing label inventory
Hourly Pay Rate (for inventory audits)
Bulk ordering (# weeks inventory per order)
Annual IRR
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/Year
Cost of counting inventory/year
Cost of waste /year
Total Excess Inventory Costs
Adjusted Total Annual Label Costs
Future State Data Input
Annual Label Spend ($/yr)
% label price discount - LabelDrive
Discount Total
Label spend/yr after discount
Inventory per level (# weeks)
NEW % Loss (damaged, lost, or obsolete)/year.
NEW Hours/week counting & auditing label inventory
Hourly Pay Rate (for inventory audits)
Annual IRR
Hours/WEEK saved through LabelDrive's Label Management & Procurement Platform
Hourly Pay Rate for Procurement Folks
Preliminary Calculations Data Output
NEW $ tied in bulk order/order
NEW Average Weekly label spend
NEW Opportunity Cost / bulk order
NEW # of bulk orders/year
NEW Cost to count inventory/week
NEW Cost of tied-up capital cash flow/Year
NEW Cost of counting inventory/year
NEW Cost of waste /year
Total Excess Inventory Costs
Add in LabelDrive Discount
Add in Cost REDUCTION due to time saved with LabelDrive
Total Costs with Discount
Adjusted Total Annual Label Costs
TOTAL EXCESS INVENTORY SAVINGS
TOTAL LABELDRIVE PROGRAM SAVINGS
Current State Data Input
# Label shipments received/week from customers
Hours to process each shipment received
Hourly Pay Rate (for Receiving personnel)
Production delay costs (due to OOS, miscounts, etc.)/year - Estimate
Cost per sq ft of warehouse space / Year
Approx # sq ft excess inventory occupies
Preliminary Calculations Data Output
Cost of receiving (Processing time saved)
Cost of tied-up warehouse space / Year
Cost of production delays due to OOS, miscounts, etc. / Year
Total Excess Inventory Costs
Future State Data Input
NEW # Label shipments received/week from customers
Hours to process each shipment received
Hourly Pay Rate (for Receiving personnel)
NEW Production delay costs (due to OOS, miscounts, etc.)/year - Estimate
Cost per sq ft of warehouse space / Year
NEW Approx # sq ft excess inventory occupies
Preliminary Calculations Data Output
NEW Cost of receiving (Processing time saved)
NEW Cost of tied-up warehouse space / Year
NEW Cost of production delays due to OOS, miscounts, etc. / Year
Total Excess Inventory Costs