Which inventory management technology, first patented in 1949 but not widely adopted in retail until the 1970s, revolutionized how products are tracked and is considered one of retail's most transformative innovations?

The retail landscape has been transformed by technological innovations that have streamlined operations and enhanced customer experiences. One particular advancement in inventory management created a seismic shift in how retailers track their products. This innovation reduced theft, improved supply chain visibility, and enabled just-in-time inventory practices that continue to shape modern retail operations. Test your knowledge about this game-changing retail technology that bridged the gap between physical products and digital systems.

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Barcode scanning technology
Electronic shelf labels (ESL)
Radio-frequency identification (RFID)
Electronic article surveillance (EAS)