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ROI Calculator For Manufacturing RFID Asset Tracking
Manufacturing Visibility Improvements
Fill in the fields below to calculate savings in carrying costs.
Number of products manufactured incorrectly or mis-configured:
per month
Average cost of repair of mis-configured products:
$
Number of line stoppages due to parts, people, or tool availability:
per month
Average cost per line stoppage to the company:
Number of hours dedicated to WIP/Inventory cycle counts and adjustments:
per month
Number of man hours spent tracking customer orders within a production process:
per month
Average labor rate:
$
per hour
Number of read zones:
Number of handheld readers:
Number of unique assets that need to be tracked:
System ROI Calculation
Fill in the fields above to calculate ROI.
Productivity Gain:
Yearly Cost Due to Incorrect Products:
Yearly Cost Due to Line Stoppages:
Yearly Cost Due to Order Tracking:
Potential Cost Saving:
*Based on an average 260 work days per year.
Average System Costs
Fill in the fields below to calculate savings in carrying costs.
Software:
$15,000
Infrastructure:
$20,000
Fixed Read Zones:
Handheld Readers:
Hardened Passive Tags:
Installation and services:
$10,000
Total Cost of System:
Return On Investment
Fill out the fields above to see your ROI payback period.
ROI:
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