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The travel and tourism industry went through a shock in 2020, with the COVID-19 pandemic leading to a decrease in passenger traffic and significant economic challenges for airports. Micro markets often come with management software that can help airport employees in the food and beverage industry increase productivity and optimize operations.
RFID is rapidly gaining implementation within the retail sector and is a key technology applied to aid business operations by improving inventorymanagement and stock visibility as the foundation of adoption. Enhanced InventoryManagement. retail industry $47 billion in 2017. The Importance of RFID.
Beyond addressing labor shortages, these autonomous stores provide live inventorymanagement and prevent shrink. Store associates are the face of retail organizations, so it makes sense to reduce the time they spend on tasks that aren’t customer facing, such as performing inventory counts or scanning for out-of-stock items.
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