Given enough time and resources, you can eventually find a lower price on almost any given item. But we have to ask – at what cost? The time and expense is obvious, but the associated risks are no less troublesome, and questions abound. What happens if your employee is in a car accident while shopping? What is the cost or risk of them being away from their assigned duties? What do you know about the origin or quality of those impossibly cheap supplies? Are you really saving anything when you have to replace your whiteboard markers three times as often? And the phenomenon of impulse buying is real – how much are you spending on unnecessary items because they were well displayed in a store?
To have a more realistic picture of the true costs, we have calculated the labor costs below depending on what the employee makes per hour. - see our chart below.