Gartner® Hype Cycle™: The Rise of Item-Level RFID
We believe that the Gartner® Hype Cycle™ for Retail Technologies, 2023, Item-Level RFID in the Store is approaching the Slope of Enlightenment, where expectations of the technology begin to rise as it shows its value and use case within the retail industry.
Among a number of business impacts, the Gartner® report claims that RFID impacts retailer operations:
- Significantly improves inventory accuracy, typically beyond 98%
- Enables real-time visibility of inventory across the supply chain
- Increases store associate workflow efficiency and reduces labor costs
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Gartner, Hype Cycle for Retail Technologies, 2023, Max Panther Hammond, 21 July 2023
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