What do stockouts and stock counts cost you?
Enter your own numbers to see what manual counting, stockouts and stocktakes cost each year, and how much automatic counting could save.
To estimate the return on smart bins, add up three costs: labour spent counting and checking stock, the cost of each stockout (downtime, expedited freight, idle staff), and time spent on stocktakes. Enter your own figures below to see the annual cost and how much automatic counting could save.
Work out your annual cost
- Counting and checking
- $0
- Stockouts
- $0
- Stocktakes
- $0
Based on your numbers and assumptions. Not a guarantee of results.
Compare with a quote →Frequently asked questions
How is the saving calculated?
Annual cost is counting labour plus stockout costs plus stocktake labour. The saving applies your counting-time percentage to counting and stocktake labour, and your stockouts-avoided percentage to stockout costs. Change any number to match your site.
What should I include in the cost of a stockout?
Downtime or idle labour while waiting for parts, expedited freight, emergency purchases at higher prices, and any late-delivery penalties.
Are the default numbers typical?
They are placeholders to get you started, not industry figures. Replace them with your own.
Does the calculator include the price of the system?
No. It shows what manual counting and stockouts cost you today. Request a quote to compare that with the price of a system for your bins.
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Send us your bin list and compare the cost of a system with what stockouts cost you now.