Cost savings by using eLocker Asset to manage devices are created a few ways, this document takes indicitave industry average savings and gives an idea of costs saved at your site. Savings come from automating manual processes and reducing a loss of shift time
Asset Tracking Locker ROI Calculator
Number of Devices
Device Loss
As an average, sites report a loss of 10% of total devices / per year - the % is editable to allow you to change it according to information from your site
Number of Devices
Cost per Device?
£
Percentage of yearly loss
%
Number of lost devices
Total yearly saving
£
Saving based on reducing asset loss to 0% - Calculated by (cost per device x no. devices lost)
Device Damage
Sites generally report damages of 20% of total devices / per year - the % is editable to allow you to change it according to information from your site. As an average an asset management system can reduce damage by around 50%
Number of Devices
Cost of repair per asset (including internal handling)
£
Percentage of damaged devices per year
%
Number of damaged
Current yearly damages cost
£
Total yearly saving( 50% reduction in damage )
£
Saving based on reducing asset damage by 50% - Calculated by (Current yearly damages cost / 50%)
Device Collection and return - Staff on shift
eLocker's wireless lock technology allows staff to simply look at lockers, see which one has a scanner available, scan a badge and take the asset. This system us much faster than traditional systems where many staff members have to queue to use a keypad to collect an asset, we therefore reccomend showing a time saving of 4 mins per staff member. We have also shown the hourly cost of each employee to allow you to calculate the amount of 'shift time' is lost in device collection and return
Staff member hourly rate
£ /hr
Time saving (mins) of the system
Select the number of shifts
Saving per shift
£
£
£
Saving per week
£
£
£
Saving per year
£
£
£
This saving can be achieved based on staff members time at the start and end of a shift to carry out the current manual process of collecting and returning an asset. With eLocker the staff member simply touches their access card against a locker to collect, and the asset and access card to return. It takes seconds
Device Collection and return - Device Admin
Generally we have seen the need for a member of staff to administed the 'check out' and 'check in' of devices. Usually a shift leader , with eLocker this process can be removed
Staff member hourly rate
£ /hr
Time saving (mins) per device (1 minute out / 1 minute in)
Select the number of shifts
Saving per shift
£
£
£
Saving per week
£
£
£
Saving per year
£
£
£
This saving can be achieved based on staff members time at the start and end of a shift to carry out the current manual process of collecting and returning an asset. With eLocker the staff member simply touches their access card against a locker to collect, and the asset and access card to return. It takes seconds
Total cost saving
Saving in Loss
£
Saving in Damage
£
Saving in shift time
£
Saving in Administrator
£
Total Savings
£