Which inventory tracking technology, invented in 1974 by Norman Woodland and Bernard Silver but first commercially used in retail in 1974, is now considered the foundation of modern retail supply chain management?

The retail landscape has been transformed by technological innovations that revolutionized how customers interact with brands and how businesses manage their operations. One particular breakthrough changed the way products are tracked throughout the supply chain, enabling unprecedented inventory accuracy and transforming retail logistics forever. Test your knowledge about this pivotal invention that bridged the physical and digital retail worlds.

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RFID (Radio-Frequency Identification) tags
UPC barcode scanning system
NFC (Near-Field Communication) chips
QR (Quick Response) code technology