MSDS AUTHOR - Total Cost of Ownership
This is a general Total Cost of Ownership analysis for your current chemical management processes. The Actio CMS Solution
focuses on improved processes and information management while maintaining a dramatically lower Total Cost of Ownership.
The following analysis should provide insight into the variables and the respective costs associated with your current
MSDS authoring process.
Cost of Internal MSDS Creation
| Internal MSDS Authoring Breakdown |
Cost Variables |
Annual Costs |
| Research Material Costs |
| The Merck Index |
|
|
|
$80.00 |
| Casarett & Doull's Toxicology |
|
|
|
$95.00 |
| Hawley's Condensed Chemical Dictionary |
|
|
|
$162.00 |
| Sax Dangerous Properties of Industrial Materials |
|
|
|
$625.00 |
| Bretherick's Reactive Chemicals Database |
|
|
|
$325.00 |
| Industrial Hygiene and Toxicology CD ROM |
|
|
|
$2,600.00 |
| Miscellaneous research costs |
|
|
|
$500.00 |
| |
| Total |
|
|
|
$4,387.00 |
| |
| ~Salaried Hygienist / Chemist |
Hourly Rate (2,000 Hrs Per-Year) |
| True Cost of an On-Site Employee |
$33.95 |
|
|
$67,890.00 |
| |
| Total |
|
|
|
$67,890.00 |
| |
| Estimated Time Required to Author a 16 part ANSI MSDS |
Hrs Per-MSDS |
Frequency |
Total Hrs
Per-MSDS |
|
| Research |
12 |
Initial |
12 |
|
| Format/Layout |
2 |
Initial |
2 |
|
| Review new hazards |
2 |
Quarterly Ongoing |
8 |
|
| |
| Total Time |
|
|
22 |
|
| |
| Current Cost for Authoring 1 MSDS Per Year |
| Research Materials
|
|
|
|
$4,387.00
|
| Hygienist / Chemist Time
|
|
|
|
$746.79
|
|
|
| Total Annual Cost
|
|
|
|
$5,133.79
|
|
|
| Current Cost for Authoring 100 MSDS Per Year |
| Research Materials
|
|
|
|
$4,387.00
|
| Hygienist / Chemist Time
|
|
|
|
$74,679.00
|
|
|
| Total Annual Cost
|
|
|
|
$79,066.00
|
| Total Cost Per-MSDS
|
|
|
|
$790.66
|
|
|
| Actio MSDS Author Total Cost Of Ownership |
| MSDS Author average cost for 100 MSDS With: |
| No IT resources required
|
|
|
|
|
| No Research Materials required
|
|
|
|
|
| No software to license
|
|
|
|
|
| Quarterly Updates Automatically Done
|
|
|
|
|
| All MSDSs Web enabled
|
|
|
|
|
|
|
| Total One Time Charge Per MSDS
|
|
|
|
$325.00
|
Back to top
Tidal Media Group of Portsmouth, LLC.