ROI & payback time
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Return on investment (ROI): mobile scales are cost saving tools With a RAVAS mobile scale on your pallet truck or forklift truck you do two things at the same time: transporting and weighing. It’s no longer necessary to drive every pallet or container back and forth to a fixed floor scale. Cost savings are immediately realized: labor is reduced, valuable floor space is increased. Mobile scales usually pay back their investment within a few months. 
An example: in a distribution centre there are 200,000 pallet movements per year. In 62,000 of these movement cycles the pallet needs to be weighed on a floor scale for checking incoming goods or for outgoing shipping weights. Weighing directly on the lift trucks that move the pallets around, will save 3 minutes on every pallet cycle. This amounts to 186,000 minutes or 3,100 man-hours per year, representing a yearly cost saving of $108,500. Removing the floor scales provides 200 sq ft extra floor space, representing a value of $2,750.In order to realize these benefits, the following investments are needed: 8 counterbalanced trucks and 2 reach trucks need to be equipped with RAVAS scale forks. The initial investment for these 10 mobile scales plus installation and training is $63,400. Yearly costs for maintenance and recalibration are $8,350. The table above shows the results of these calculations: -the ten mobile scales have a payback time of 0.62 year: seven months. -total return on investment (ROI) over 3 years is 335%. -at 7.5% cost of capital, the net present value (NPV) of the project is $199,601. In other words: the mobile scales will realize almost two hundred thousand dollar of cost savings in the next three years. |