Radio Frequency Identification (RFID) is a technology which is used widely across many sectors and the Internet of Things (IoT) are delivering dramatic improvements in business efficiencies one of the most important sector in RFID is retail Here are some of the main advantages that RFID technology brings to the retail sector.
1-Stock Management (replenishment)
RFID enables retailers to have real-time stock information.
2-Supply Chain Management(warehouse)
Retailers can also use readers installed at the entrance and exit of their warehouse to read tags on shipped items and delivery vehicles.
3-Point of sale
RFID systems have a lot to offer retailers. They can identify every product in-store with a unique identifying number; they reduce the need for human resources and eradicate human error by automating processes.
This means that if anyone takes an item out of the building without permission or which is not paid for, scanners on the exits can set off an alarm.