Which retail innovation, first widely implemented in the 1990s, reduced inventory costs by up to 25% and is credited with transforming supply chain management?

The retail landscape has been dramatically transformed by technological innovations over the past decades. From barcode scanners to AI-powered inventory management, certain technologies have revolutionized how businesses operate and how consumers shop. This trivia question focuses on a pivotal retail innovation that fundamentally changed the economics of inventory management and customer experience. Test your knowledge of retail technology milestones that have shaped modern business practices!

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Radio-Frequency Identification (RFID) tags
Just-In-Time (JIT) inventory systems
Self-checkout kiosks
Customer Relationship Management (CRM) software