RFID applications in retail industry

A technological replacement to bar codes, radio frequency identification (RFID) tags are on the brink of introduction in retailing on a major scale. This technology will allow real-time tracking of products on an item-by-item basis (instead of the current SKU-by-SKU basis). Retailers and logistics providers will be able to pinpoint items around the clock and counting inventories will no longer be necessary. While benefitting consumer goods manufacturers, distribution centers, retail stores and customers with a deep innovation, RFID also faces lots of problems that should be solved before it's used widely.