Comparing the efficiency and operating costs of an automated storage and retrieval system with manual systems is only a click away with the new free online ROI/IRR (Return on Investment/Internal Rate of Return) Calculator developed by Remstar International.
By logging on to www.Remstar.com/roi, users can quickly calculate their own annual savings and payback potential when automated storage and retrieval systems are compared to shelving, rack and drawer storage units. The Remstar ROI/IRR Calculator is an online form that allows users to enter data such as the amount of floor space occupied by current equipment, cost per square foot, the number of employees handling daily transactions, number of transactions performed daily, average labor cost and other information that affects system costs. Users can also calculate the cost of alternative storage solutions by entering values for moving costs, leased space costs and the costs of constructing new facilities.
The Remstar ROI/IRR calculator automatically computes the daily cost of the current system and the daily cost of the proposed Remstar system. The calculator computes dollar savings from reduced space requirements, cost savings from improved employee productivity, depreciation savings, and total annualized savings. From this information, the Calculator helps determine the payback schedule for the user’s specific installation. Calculations are expressed in terms of Internal Rate of Return (IRR).
Remstar, a company of the Kardex AG Remstar International (KRI) Group of Zurich, Switzerland, is a leading provider of automated storage and retrieval systems for manufacturing, distribution and warehousing applications. For more information on the Remstar ROI Calculator call 800-639-5805 or visit the Remstar web site at www.Remstar.com.