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Cost Savings to You
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Rising labor costs and associated overhead expenses (taxes, insurance, etc.) mean that if you can save on labor costs, you can greatly improve your bottom line. To make this point, here are some example cost savings calculations for a truck loading application: we will compare baseline costs versus the identical application which uses the Porta-Veyor.
As you will see, you come out ahead by using the Porta-Veyor because:
Example: Truck Loading Job
People Required |
Hourly Labor Rate |
Hours Required |
Cost | |
---|---|---|---|---|
Manual | 6 | $6.15 | 6 | $221.40 |
Porta-Veyor | 3 | $6.15 | 6 ** | $110.70 |
Your Savings | 3 | $110.70 |
** Because the Porta-Veyor has a variable speed control,
you can set the pace you desire, and you probably
will be able to reduce the load/unload time.
A Porta-Veyor can pay for itself in less than one year. Here is how:
Minimum yearly cost for 1 laborer ($6.15 per hour for 50 weeks) |
$12,300 |
Approximate cost for 1 75-foot Porta-Veyor | $10,000 |
Savings in the first year | $2,300 |
Your savings can be even larger, depending upon the number of laborers you can eliminate and the number of Porta-Veyors and crews you have. Of course, your costs and savings may vary, and the figures used are for example only.
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