🇦🇺Australia
Manual Stock Count Labour Costs
1 verified sources
Definition
Large gift shops count thousands of SKUs manually for new POS setups or audits, costing significant overtime.
Key Findings
- Financial Impact: AUD 35,000+ items counted per shop at AUD 50/hour labour = AUD 10,000+ per annual count
- Frequency: Annual or bi-annual
- Root Cause: No real-time POS inventory for ongoing reconciliation
Why This Matters
The Pitch: Historical Sites in Australia 🇦🇺 spend AUD 5,000-15,000 yearly on manual stock counts. Automation via EPOS reduces to zero.
Affected Stakeholders
Warehouse Staff, POS Operators
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Inventory Shrinkage in Gift Shops
AUD 1-5% of annual revenue in shrinkage losses (industry standard for retail gift shops)
Stockouts and Lost Sales in POS
AUD 5,000-30,000 per year in lost sales from stockouts (2-5% revenue impact)
Manual Queue Revenue Loss
2-5% daily revenue from queue abandonment (e.g., AUD 5,000+ for 2,500 visitors at AUD 30/ticket)
GST/BAS Lodgement Delays
AUD 222 failure-to-lodge penalty per BAS + 2.96% annual GIC on late GST payments
Superannuation Guarantee Shortfalls
20% SG Charge on shortfall amount (e.g., AUD 115 charge on AUD 1,000 underpaid super/employee)
ACCC Consumer Law Refunds
AUD 50-200 per refund claim + 20% admin cost (1-3% of ticket revenue)
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