The Advantages of RFID in Retail: From Manual Inventory Management to Automated Inventory Tracking Part One

Nowhere is inventory more complicated or critical than in retail. From apparel and jewelry to tools and electronics, the sheer volume of inventory exchanging hands is staggering. In 2021, retail sales in the U.S. alone were estimated at $6.523 billion. Surprisingly, studies have found that approximately 46% of small and mid-size businesses still rely on antiquated manual inventory management. This tedious and time-consuming practice requires team members to manually update stock levels and inventory locations. The end result is unnecessary...