How RFID Technology Is Changing the Retail Industry in 2024

For many years, radio-frequency identification (RFID) technology has waited in the wings in the retail sector. Businesses that dove in early on found RFID could add value to their supply chain management, inventory and sales processes. Most, however, were dissuaded from embracing RFID by costs, complexity and other concerns.

As 2024 unfolds, RFID is poised to play a larger role in the overall retail sector. Several advances in RFID technology promise to expand its appeal among retailers, allowing them to deploy RFID solutions with less expense and greater impact.

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