Which retail technology innovation, first used commercially in 1974, has saved the global retail industry trillions of dollars in inventory management and labor costs?

Test your knowledge about one of the most significant retail innovations that transformed the shopping experience in the 20th century. This technology revolutionized inventory management, sped up checkout processes, and provided valuable data analytics capabilities to retailers worldwide. Do you know which groundbreaking retail technology this question refers to?

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• Universal Product Code (UPC) barcode scanning
• Electronic point-of-sale (EPOS) terminals
• Radio-frequency identification (RFID) tags
• Electronic shelf labels (ESL)

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