Are You Optimizing Your Investment in Promotional Materials?
In a recent survey, respondents estimated that 5-15% of their promotional materials were written off annually. For a company investing $1,500,000 in promotional materials this would mean estimated inventory write-offs of over $160,000 per annum.
|Measure Your Sales Rep Service Levels|
|Metrics||Survey Results||Your Company|
|Estimated annual promotional inventory||$1,500,000|
|Warehousing and destruction costs2||$12,750|
|Estimated obsolescence inventory costs||$162,750|
|1obsolescence rate 10%, inventory value only|
|2based on $20.00/mth storage rate and 75 pallets carried for 6 months and destruction fees of $50/pallet|