Ergomat.com

Cost of Ownership

The income side is discussed in the section on the Economics of Matting. Here we will look at the expense side of the equation.
The ERGOMAT product is not the cheapest in the market. But it is the best value available because the initial purchase price gets you a product that will last a very long time. Not only will your purchase perform better as an anti-fatigue mat, it is guaranteed to continue to do so for years. Where lesser mats must be replaced on an ongoing basis, an ERGOMAT product is a one-time buy.

An ERGOMAT will pay for itself in a matter of months and will continue to provide a contribution to your bottom line for years to come.

Increased productivity per employee results in larger output without an increase in labor cost. The value of this output will always be significantly larger than the direct labor cost savings. Only you can determine the multiplier to use for your company but the U.S. Department of Labor maintains that labor cost is about 20% of the value of production output in an average company. If we accept that number, the value of a 1% productivity gain in a company with a labor cost of $12/hour is $1200 per worker per year! ($12 / 20% x 2000 hours x 1% = $1200).

Regardless of what levels of productivity increase and multiplier you feel are relevant for your company, you investment in an ERGOMAT product will pay off.

IMPORTANT: don't forget that there are significant indirect costs every time you pull out your old mats, process a purchase order, take delivery and install the new ones. Any price comparison must include these figures.

Let us examine how the guaranteed longevity affects your Total Cost of Ownership. Our real world example has ten workstations and compares an inexpensive 3/8" vinyl mat with the ERGOMAT CLASSIC. Pricing is from a major safety catalog and the time frame is five years:

1. To our knowledge, the vinyl mat does not offer a warranty. The warranty on the ERGOMAT guarantees that it will continue to perform.

2. The period of time in which the product can be expected to offer some anti-fatigue benefits. The ERGOMAT does not lose its elasticity and will always perform like new.

3. The cost to evaluate replacement need, complete requisition / purchase order, shipping and handling and removal of old mats. We believe that $100.00 is a very conservative number.

4. Number of replacements over period of calculation.

5. Total Cost of Ownership = total purchase price plus total indirect replacement cost.