4. What is RFID Radio frequency identification (RFID) is an automated data capture technology that can be used to electronically identify, track, and store information contained on a tag that is attached to or embedded in an object, such as a product, case, or pallet.
21. Conclusion Use of RFID is likely to increase in the near future. At present, it is unclear whether the effects of the use of RFID technology will be evident in broad measures of economic activity like output or productivity growth. As businesses gain experience with RFID, they may be able to redesign business processes to take advantage of the strengths of the technology and the information that flows from its use.