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Return on Investment
|
Average Cost of 10 Checkout LaneVision System |
| |
|
|
|
| |
Quantity |
Cost |
Totals |
|
LaneVision |
10 |
$639 |
$6.390 |
|
Camera &
Lenses |
10 |
$295 |
$2,950 |
|
DVR |
1 |
$6,200 |
$6,200 |
|
Power
Supplies |
10 |
$12 |
$120 |
|
Installation
& Cable |
10 |
$255 |
$2,550 |
|
Total Cost |
|
|
$18,210 |
| |
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|
Average
Supermarket |
|
|
| |
|
|
|
| |
Average
Annual Sales |
$18,920,000 |
|
| |
Average
Retail Shrink % |
2.24% |
|
| |
Total Shrink
Dollars |
$423,808 |
|
| |
|
|
|
| |
Cashier
Caused Shrink % |
35% |
|
| |
Cashier
Caused Shrink $ |
$148,333 |
|
| |
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LaneVision
Shrink Reduction % |
25% |
Minimum |
|
LaneVision
Annual Savings |
$37,083 |
|
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| |
Return on
Investment |
5.9 |
Months |
| |
|
|
|
ROI
Assumptions
-
All average conventional supermarket except
LaneVision Shrink Reduction % taken from The National Supermarket
Research Group’s 2003/2004 Supermarket Shrink Survey.
-
LaneVision Shrink Reduction % has ranged from 25% to
65%. Higher returns are achieved when LaneVision Video is used in
the training and evaluations of cashiers & baggers.
-
LaneVision Systems cost is based on industry average
equipment costs and installation rates. Cost of systems will vary.
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