ROI Calculation for Tracking Solutions
It can be tough to compute a suitable ROI number for a tracking solution deployment such as RFID, GPS or BLE Beacons. This page hopes to elevate some of the pain by providing 2 typical scenarios based on lost assets or time wasted to find assets.
Scenario 1: Loss of Assets
Before RFID Implemention
A parts manufacturer loses 3% of finished good inventory annually. This causes a requirement to rush manufacturing and hasten the shipping process.