Home Internet of Things Aerospace Apparel Energy Defense Health Care Logistics Manufacturing Retail

Ask The Experts Forum

BlogsAsk The Experts ForumHow Much Would an RFID Asset-Tracking Deployment Cost?

How Much Would an RFID Asset-Tracking Deployment Cost?

Posted By RFID Journal, 12.05.2017

I am interested in implementing radio frequency identification technology at our company, and am searching for prices. Can you provide a ballpark estimation of how much a production facility would need to invest in order to have a proper system for tracking items? And how long would it take for us to attain an ROI?

—Ryan

———

Ryan,

There is no ballpark estimate I could give you, since the cost would depend upon the number of readers required to cover the areas you want to cover, as well as the number of items you wish to track and the software you need. The first thing you would need to think about is what you want to track, and why. What data would you need to collect to solve the problem you wish to address? That would allow you to start considering where readers would need to be placed.

Some manufacturers simply tag items coming off the line with passive UHF RFID tags. This might add 7 cents to 10 cents per tag to the cost of existing bar-code labels. They don't track the items as they are put away, but they use a handheld reader to find goods within their warehouse, then readers at the dock door confirm that the correct items are being shipped. Other manufacturers place readers at individual workstations and track work-in-process, while still others deploy readers within their finished goods area so they can track inventory in real time. A good systems integrator should be able to help you design a cost-effective system that would deliver a return on investment within less than two years.

—Mark Roberti, Founder and Editor, RFID Journal

Login and post your comment!

Not a member?

Signup for an account now to access all of the features of RFIDJournal.com!

Next Post
Can I Read Passive UHF RFID Tags Simulta...
Previous Post
What Is the Perfect Tag for Tracking Lap...
PREMIUM CONTENT
Case Studies Features Best Practices How-Tos
RFID JOURNAL EVENTS
Live Events Virtual Events Webinars
ASK THE EXPERTS
Simply enter a question for our experts.
TAKE THE POLL
JOIN THE CONVERSATION ON TWITTER
Loading
RFID Journal LIVE! RFID in Health Care LIVE! LatAm LIVE! Brasil LIVE! Europe RFID Connect Virtual Events RFID Journal Awards Webinars Presentations