The Best RTLS solution pricing for smart warehouse management

RipplesIPS RTLS solution pricing for smart warehouse management inventory tracking

RTLS solution pricing for smart warehouses

RipplesIPS – RTLS solution pricing for smart warehouses can vary significantly depending on the size, complexity, and specific requirements of the warehouse. However, here’s a general breakdown of the key cost factors to consider:

  1. Hardware costs: This includes the cost of sensors, inventory tags, Bluetooth mesh readers, gateways, and other hardware components required to collect and transmit data. RTLS device prices can range from 30 dollars to 100 dollars depending on the application, The RTLS solutions pricing would also include the infrastructure cost such as gateways and mesh network deployment

  2. Software costs: This includes the cost of warehouse management software,  platform software, and any additional software applications required to manage and analyze the data collected from the RTLS devices. WMS software prices can range from a few thousand dollars to hundreds of thousands of dollars, depending on the size and complexity of the smart warehouse.

  3. Integration costs: This includes the cost of integrating the RTLS system with existing warehouse systems, such as WMS, Transport management ERP, and other business applications. Integration costs may vary depending on the integration’s complexity and the integration team’s expertise.

  4. Deployment and installation costs: This includes the cost of installing and configuring the RTLS devices and software, as well as training warehouse staff on how to use the new system. Deployment and installation costs can range from a few thousand dollars to tens of thousands of dollars, depending on the size and complexity of the warehouse. RipplesIPS solutions are easy to deploy and maintain, and can also include forklift tracking

  5. Maintenance and support costs: This includes the cost of ongoing maintenance and support for the RTLS system, including software updates, hardware repairs, and technical support. Maintenance and support costs can range from 10% to 20% of the initial hardware and software costs per year. Due to the long battery life, there is considerable savings on the maintenance cost of the RTLS solution for warehouses with supply chain visibility.

Considering these cost factors, the overall cost of implementing a smart warehouse RTLS solution can range from a few thousand dollars for a small, basic system to hundreds of thousands of dollars or even millions of dollars for a large, complex system with advanced automation and analytics capabilities, adding include cold chain and connected worker tracking

RipplesIPS RTLS solutions pricing for smart warehouses

However, the potential benefits of implementing a smart warehouse RTLS solution can outweigh the initial costs. These benefits include increased efficiency, reduced labor costs, improved inventory accuracy, improved FIFO implementation, reduced shrinkage, and better decision-making capabilities. 

Call us to learn more about RTLS solution pricing in smart warehouses.

author avatar
Srihari
Mr Srihari Acharya is head of Ripples IoT pte Ltd, RTLS solution sales in Bengaluru India. He brings over 6 years of experience and expertise in industrial automation solutions