Insight Report 8 minutes PremiumRFID Update: Mature Technology Finds New Applications in CPG, Analytics and Inventory Tracking Coresight Research May 14, 2020 What's InsideWe explore the use of radio-frequency identification (RFID) systems in retail, with applications of this 70-year-old technology still expanding due to recent innovations. This report highlights key developments in the following areas: Extension of product categories using RFID—through microwave-safe tags Loss prevention and frictionless returns Predictive analytics and real-time insights into merchandise availability Data analytics and inventory tracking We also discuss a major initiative in Japan, through which convenience-store retailers such as 7-Eleven and FamilyMart have committed to introducing RFID tags across their entire inventory portfolio. Click here to read more about RFID and NFC technology in retail. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: October 2023 US Retail Sales: Health and Personal Care Stores and Nonstore Retailers Continue To Lead Retail Sales GrowthWeinswig’s Weekly: Pioneer the Future of Retail at NextGen Commerce, a Coresight Research AI ConferenceThe 50+ Woman: What She Needs from the Beauty and Wellness IndustryNRF 2023 Insights Sharing Webinar