Electronic Cash News

RFID has always been an innovative technology, but with item-level tracking becoming a reality RFID is now a disrupting technology to the retail industry. RFID item-level tracking is disruptive in that now retail stores can have complete situational awareness of their stock. There is no need for inventories, stock leakage becomes immediately visible, clerks and customers do not need to go hunting for stuff, no reason for out-of-stock conditions, and so on.

RFID has been around for more then 10 years, but has not had much effect at the retail level where bar codes have been king. Now that RFID-item level tracking is technically feasible and cost justified, an innovative technology now becomes a disrupting technology to a whole industry. For an example of how RFID-item level tracking is changing retail businesses, see article on Fujitsu Transaction Solution’s RFID implementation at a STAPLES Business Depot store using AbsoluteSKY’s intelliTRACKER product suite.