Date of Publication :5th July 2017
Abstract: RFID is all set to be the technology of the future, especially in supply chain management. It is slowly gaining acceptance among various players. This is said to be the next breakthrough technology after bar codes. It has several advantages over bar codes and will replace them in next few years. RFID helps the retailers in tracking the movement of products from the suppliers to the warehouses and the store. It can also help in better inventory control and hence, cost reduction. In this paper, it is discussed in detail how RFID can help at store level in replenishing the shelves, prevent shoplifting, and gain valuable customer information
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