Utilizing Retail RFID to Improve Inventory Visibility (RFID Retail Solution)

Not only the retail industry, but also more industries have begun to recognize that accurate inventory visibility is crucial for both short-term and long-term benefits. Inventory visibility enables businesses to avoid embarrassing situations such as delayed shipments and out of stock, while providing them with valuable information about consumer purchasing patterns to better predict future sales trends and make data-driven decisions for marketing, product development, and store layout.

So far, retailers have benefited the most from inventory tracking. With the help of RFID, retailers can achieve real-time automatic inventory counting, thereby obtaining more accurate product location information, improved inventory information, and out of stock information. In fact, due to the focus on single item level labels and item level inventory visibility, starting from inventory management, this has laid a solid foundation for the application of RFID in other fields.