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: Ahead of Singles’ Day, Experiential Retail Will Be Key: China Consumer Survey InsightsUS Back to School 2023: Retail Outlook—Macro Context and Consumer PlansWeinswig’s Weekly: Announcing a New Research Product for Coresight Research SubscribersFive Retail Opportunities Amid Economic Uncertainty
