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

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.