Total Cost of Procurement Estimator Please feel free to print this  form and fill it out at your convenience. Company Name: _______________________ Date: _________________ The costs reflected below are annual numbers and respresent only dock and driver supplies. Invoice Processing Costs # of terminals x avg. # of orders per terminal per month  x avg. processing cost per invoice ($75 industry standard) x 12 months = $________________ Example: 125 x 3 x $75 x 12 = $337,500 Inventory Carrying Costs Avg. bi-annual monetary value of stock in inventory  company- wide x inventory carrying cost (30% industry standard)  = $________________ Example: $230,000 x 30% = $69,000 Transportation Costs Avg. # of shipments per terminal per month x # of  terminals x avg. cost per shipment ($30.00 industry standard; avg. of LTL  and UPS) x 12 months = $_______________ Example: 3 x 125 x $30 x 12 = $135,000 Labor Costs Man-hours spent per terminal per month going after  these products x labor rate with fringe ($25 industry standard) x # of  terminals x 12 months = $_______________ Example: 8 x $25 x 125 x 12 = $300,000 ANNUAL TOTAL (before including the cost of  products) $841,500