WHAT CAN EZCOUNT DO FOR YOU?
EzCount is everything you need for your annual physical inventory count with a proven ROI
Let's talk numbers
Manual inventory count
20,000 SKU's/$1million inventory valuation
Equipment and Tools
Total cost of ownership $30,000 / 5 years
12 additional barcode scanners required for annual inventory count @ $2,500 per scanner = $30,000
Technology replaced every 5 years
Labour costs = $17,500
700 hours x $25/hour = $17,500 total labour cost* Count, record, enter and verify 20,000 items
@ 2 minutes per SKU
*Additional labor costs may be incurred if overtime is required.
Accuracy Risk
Cost of accuracy errors = $5,000
Accuracy Risk - Retail Industry Average Shrink is 2%. Admin and system errors account for 25% of industry average shrink. 0.5% of 1,000,000 = $5,000
Business Disruption
(Average inventory turns = 5/year)
2 days closed for business
sales opportunity loss of~ $80,000
EzCount inventory count
20,000 SKU's/$1million inventory valuation
Equipment and Tools
Renting equipment annually saves $1,250
Save thousands of dollars with EzCount's inventory rental kits. Rent 12 scanners and software @$3,750
Amortized purchase cost of $5,000 annually
Reduced labour costs $8,750
350 hours X $25/hour = $8,750 total labour cost*
Count, record, enter and verify 20,000 items
@ < 1 minute per SKU
*Additional labor costs may be incurred if overtime is required.
Accuracy Risk
Eliminating clerical errors saves $5,000
Using EzCount eliminates input and clerical errors such as product identification, transposing numbers, poor data entry, wrong part numbers etc.
Business Disruption
Saves $32,000 (gross profit of 40%)
No need to close for 2 days
No sales opportunities lost
Total Savings
Direct cost reductions: $15,000 per year
Indirect cost savings: $32,000 per year
*This content is a general breakdown of the costs and considerations involved, your values and time can be adjusted for your actual rates and durations involved.
Let's talk results
"The Binnacle has relied on EzCount scanners and services for our annual inventory count for several years and I gladly recommend Interspan to any business looking to simplify counting inventory"
Lyle - Manager
"I wanted to say Thank You so much for the fantastic service and support with our year end inventory count – the barcode scanners work flawlessly and your customer service and customer support is over the top”
Scott - Parts Manager
