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Another UPC alternative, RFID, which first made waves in retail 10+ years ago, has also had a slower adoption, largely because of cost and implementation hurdles, despite its having similar benefits, specifically to track and manageinventory and enabling checkout-less “just walk out” transactions. Doesn’t that sound amazing?!
In addition to the rise of fastfashion and seasonal items, trend-driven products have further shortened product life cycles. These improvements are driven by, Better Stock Distribution Reduce overstock and optimize inventory placement. learn more… Fewer Markdowns Minimize profit loss from excess inventory.
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