Insight ReportRFID Update: Mature Technology Finds New Applications in CPG, Analytics and Inventory Tracking Coresight Research May 14, 2020 Reasons to ReadWe 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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Analyst Corner: Five Back-to-School Shopping Trends to Watch, with Madhav PitaliyaInnovator Profile: BetterBasket—Optimizing Grocery Pricing with AI-Driven InsightsThe STORE Framework for Driving Innovation in RetailAnalyst Corner: Evaluating Ulta Beauty’s Marketplace Launch as a Strategic Response, with Madhav Pitaliya
