Marketing For The Future November 2016 - Page 33

There are two accurate solutions in order to correctly assess inventory levels: RFID (Radio Frequency Identification) and POS systems. The first option is RFID (Radio Frequency Identification), which uses an inexpensive chip that is present on each product/pallet in order to establish its location. tail outlets are considered inexpensive, and that managers see little benefits in the acquisition of technology in this particular case. The costs related to the management of inventory were not