Merchandising & Store OpsWednesday, August 12, 2026
RFID and AI boost store inventory accuracy to over 95 percent
Combining item-level RFID with artificial intelligence increases store SKU accuracy from approximately 63 percent to over 95 percent while reducing full inventory counts from eight staff days to half a day.
The numbers
- 93% North American retailers using RFID in some capacity
- $112.1 billion Retail shrink losses in 2022
- $93 billion Retail shrink losses in 2021
- 82% Retailers reporting minimizing shrink as a significant challenge
- 69% Consumers more likely to purchase from brands personalizing experiences