Your Guide to ROI for Warehouse Software
Struggling with ROI? Start here.
Did you know? RFgen mobile solutions reduce costs and improve performance, delivering fast ROI. Here are the big 4 areas to find ROI:
1. Inventory Factors
Automated data capture ensures real-time visibility and pinpoint accuracy:
- 99.99% accuracy is achievable
- Average cost per error: $50-100
- Reduce carrying costs: Reduce on-hand inventory levels by 3.5%
- Quality Control: reduce 10% of inventory losses from deterioration
- Scalability: +30% efficiency – faster processing time, greater throughput
2. Labor Costs
Enterprise mobility maximizes the efficiency and flexibility of your workforce:
- Increase worker productivity by 30% with mobile barcoding
- Training time: 80% reduction in time-to-productivity
- Talent acquisition & turnover: $4,129 average turnover cost per hire
- Reduce injury rates: $42,000 average cost per injury
3. Solution Impact
A best-of-breed WMS may not be worth the long path to ROI:
- Time to market: <4 months (RFgen) vs 12+ months (WMS)
- Time to ROI: <8 months (RFgen) vs 24+ months
- Size & Weight: Lower cost & complexity (RFgen) vs Significant cost & complexity (WMS)
- Flexibility: Fast, simple to modify (RFgen) vs Slow, complicated to modify (WMS)
4. Indirect Influences
RFgen mitigates intangible costs from:
- Customer Service Interruptions
- Invisible Bottlenecks
- Industry & Regulatory Compliance
- Environmental Disruptions
