RFID Savings Calculator

Use the RFID calculator below to determine your potential savings when upgrading your inventory system to a barcode or RFID based system. The calculator does not take into account to the upfront costs of an inventory system. However, The difference in cost between a Barcode and an RFID system can be somewhat comparable.

Inventory Data

Number of Items to Inventory
Number of employees performing the inventory
Number of inventories taken per year

	Labor Cost (Per hour, Per employee)	Read Rate (Per employee)
Pen/Paper
Barcode
RFID

Costs and Savings

	Cost Per Read	Cost Per Inventory	Inventory Cost Per Year	Savings Per Year
Pen/Paper
Barcode
RFID