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Input values in the form above, to find out: the number of lockers required (if sourcing traditional lockers), the number of lockers required (if sourcing smart lockers), the number of lockers saved (if sourcing smart lockers) and the total space saved if sourcing smart lockers.
Our data suggests that 20-30% of employees (depending on the hot desking and clean desk policies in place) don't require a locker on a regular basis. Smart locker systems such as Yellowbox, provide hot locker settings that can be applied to e.g. 10% of your lockers. This saves on the number of lockers required to service your entire headcount and account for any growth.
Upfront ROI, or Capital Expenditure Savings are determined by the reduced amount of lockers required with a smart locker system.
Upfront ROI = [# of Lockers Required Sourcing Traditional Lockers - # of Lockers Required Sourcing Smart Lockers] * [Cost of Locker]
Ongoing ROI per annum, or Operational Expenditure Savings are determined by the rent saved on requiring less lockers and savings in administration time.
Ongoing ROI per annum = [Saved Rent per Annum] + [FTE Cost Savings per Annum]
Saved Rent per Annum = ([# of Lockers Required] - [# of Smart Lockers Required]) * [Space Required per Locker] * [Office Rent per sqm per Annum]
FTE Cost Savings per Annum = ([Facilities / Workplace Manager Salary per Annum] * [# of Lockers Required] * [% of FTE Required to Manage a Traditional Locker per Annum]) - ([Facilities / Workplace Manager Salary per Annum] * [# of Smart Lockers Required] * [% of FTE Required to Manage a Smart Locker per Annum])
Assumptions
FTE (Full-time Employees) required to manage 1000 non-smart lockers = 0.83
FTE (Full-time Employees) required to manage 1000 smart lockers = 0.17
The costs of administration and management of traditional lockers (e.g. key or code lockers) are typically overlooked when deciding upon office lockers.
For example, large organisations have had over 10 FTEs (Full-time Employees) managing over 10,000 traditional lockers. This reduced to only 2 FTEs managing the same amount of smart lockers.
Facilities and Workplace Managers need to consistently turn their focus onto managing lockers. Especially for the following situations:
Smart lockers provide automated and self-serve experiences for new and exiting employees. When integrated with access control and SSO, the system can automatically free up the locker of an employee exiting the organisation. Similarly, new employees already have an existing SSO account and integrated access control, which means they can book and use a locker without any allocation process.
24/7 support ensures employees and management are always provided expert assistance when faced with locker issues. Employees can be re-allocated a locker within three clicks, compared to the manual process of retrieving an employee's locker key, noting down which locker is now available, and to locate and provide the new locker key to the employee.