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RFID Update: Mature Technology Finds New Applications in CPG, Analytics and Inventory Tracking

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Coresight Research

What's Inside

We 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.

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