Calculate immediate monthly savings from switching to SL on-site lab testing, and also see the annualized amount for each value.
Higher volume = bigger savings potential.
Includes lab fees, shipping, and handling costs per test.
Include shipping and waiting time.
Covers storage, space, labor, and opportunity costs.
Choose your product type to auto-populate typical values for shelf life, waste rates, etc. Then adjust as needed.
Total shelf life of your product in days
Shelf life days lost waiting for external lab results
Monetary value gained per extra day of shelf life
Percentage of product wasted while awaiting test clearance
Expected reduction in waste with faster testing
Value of your product per pound or unit
Total monthly production in pounds or units
Cost of a typical recall or best estimate
Annual probability of recall with current testing
Expected annual probability with on-site testing
One-way distance to external lab
Number of sample shipments per month
CO₂ emissions per mile of shipping
Daily cost of refrigeration for held product
Value of inventory waiting for test results
Your cost of capital or interest rate
Current annual insurance premium
Expected insurance discount with on-site testing