RFID works to the advantage of both retailers and suppliers
Whether you are a retailer or a supplier, the usage of RFID can work to your advantage. Retailers are using RFID to reduce stock outs and at the same time reduce the stock that is stored in warehouses to deal with sudden demand. Suppliers are using RFID to get access to more detailed inventory information, increase the visibility and control across the supply chain and reduce the number of claims.
As a result, the technology is advantageous for both and if applied correctly, it can truly result in cost cutting across the supply chain.
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