Insight Reports 8 minutes premiumRFID Update: Mature Technology Finds New Applications in CPG, Analytics and Inventory Tracking Author By 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. May 14, 2020 premium This report is for Premium subscribers only. Learn more about subscriptions here. Other research you may be interested in: