What Would This Save You?
Three things usually pay for a system like this: the staff hours spent on stock checks, the downtime you avoid by servicing equipment on time, and the assets you are still paying for but no longer have. Set the sliders to match your own numbers.
ROI Calculator
Start with a preset, then move the sliders to match your own operation
How These Numbers Are Worked Out
No hidden maths. These are the three assumptions behind the figures above, with the actual rates we used for Enterprise & Manufacturing. Judge whether they hold for your organisation, and argue with them if they do not.
Stock checks get faster
We assume scanning replaces about three quarters of the hours your team currently spends walking round with printouts and typing up the results. Government bodies have to do this annually under GFR 2017 anyway.
Staff time valued at ₹700 per hour
Fewer assets go missing
We assume a small percentage of your asset value is currently tied up in items nobody can find or things bought twice. If your last audit was clean, set this expectation lower.
1.2% of book value a year
Less unplanned downtime
We assume roughly a third of your unplanned downtime is avoidable, because the equipment was overdue for service and nobody had flagged it. Your own maintenance records will tell you if that is fair.
Downtime valued at ₹12,000 per hour