RFID 'at heart' of Internet of Things era in retail

As the concept of the Internet of Things (IoT) in retail gains traction and businesses look to increase connectivity, RFID is expected to play a central role, according to Adam Sharp, business development director for retail at Smartrac Technology Group. Sharp suggests that as the retail industry continues to go through some "transformative changes", RFID can play a key part in helping businesses in the sector improve inventory accuracy and planning, prevent shrinkage, and facilitate omnichannel fulfilment. At this year's European retail tech solutions show RBTE, which takes place between 10-11 March at London's Olympia, retail visitors will have an opportunity to visit a dedicated RFID Zone showcasing nine companies – including Smartrac – that are bringing the technology to the retail sector.