With so many unexpected changes in 2020, we have seen a widespread digital transformation of the retail industry evolve faster than ever. As the pandemic continues to present new challenges in 2021, it looks like these changes are here to stay. Many retailers have turned to newer technologies to optimize their operations in areas like omnichannel shopping, self-checkout, contactless, and inventory management.
RFID has gained a lot of traction in the retail industry, where businesses use its versatile technology to do everything from supporting a retail loss prevention system to tracking merchandise throughout the entire supply chain. With almost limitless potential in asset tracking and inventory management, RFID provides retailers with precise stock information and valuable customer insights so they can create a more personalized shopping experience.