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Inventory management is defined as the strategic planning and control of inventories with the aim of maintaining optimal stock levels for specific products or items. It plays a central role in business performance and profitability. Effective management of inventory levels enhances operational efficiency and financial strategies. The primary objective of this process is to balance excessive stocking against stockouts, ensuring adequate working capital and optimizing costs. It is critical for org

RFID: Introduction and Working Principle Radio Radio Frequency Identification (RFID) is a technology that uses radio waves to identify objects and transmit this information to databases. RFID systems store unique identification data for physical objects via tags attached to them and make this data accessible to reading devices. This system eliminates the need for manual intervention, enabling automatic tracking of objects. RFID operates on a system comprising tags, readers, and a centralized dat