The image shows a small RFID tag beside a grain of rice.
Case Study: I.T.'S InternationalI.T.'S International is a Japanese clothing and accessory manufacturer and operates 13 retail stores. I.T.'S used RFID tags to get a competitive advantage over its competitors in store management, operation, and logistics. Every product in the store has a product lable with an embedded RFID chip.
The efficiency of the process is best demonstrated in the video below. The following video is made by TAGSYS, a company that supplies RFID tags for several industries including fashion and airlines.
I.T.'S International carries about 15,000 items in each store. Therefore, performing a store inventory would take two employees over a period of four days. With the RFID technology, the process would take 2 hours for one employee to complete. As a result, I.T.'S performs store inventory monthly for more accurate inventory.
What is the next technology to improve inventory management? Are there any technologies under progress that could be used?