Following market research and a report released in 2018, it is estimated that by 2024, the global cosmetics market of US$500 billion will maintain an annual growth rate of 7%. For a long time, due to the wide variety of cosmetics, small size and packaging material issues, such products are not easy to use RFID tracking (such as lipstick, eyeliner, etc.). But now, the latest Inlay design has basically solved these problems. Why choose RFID? Inventory accuracy: Compared with barcodes, inventory efficiency can be increased by 92%, and the incidence of "out of stock" can be reduced by 80%. Loss prevention: Improve inventory visibility and strengthen internal control Logistics: Improve delivery accuracy, speed up processing, and improve customer experience Sales increase by 4-10%, improve the return process, interactive communication, fast and automatic self-checkout RFID beauty product guarantee Food industry to ensure food quality and safety According to the United Nations Food and Agriculture Organization, food worth about US$1 trillion is wasted every year, which is equivalent to about US$130 per year for every man, woman and child on the planet. In developing countries, approximately 40% of losses occur after harvesting and processing. In industrialized countries, more than 40% of losses occurred at the retail and consumption levels. RFID guarantees food safety By accurately adjusting inventory and variable demand, improving processing, optimizing production, enhancing the visibility of shelf life and the convenience of food donation, RFID can reduce food waste by up to 20%. In fact, according to data from the World Economic Forum, before 2030, food traceability technologies including RFID can help reduce 85 million tons of food waste. RFID food safety It is estimated that the population of the earth will increase from the current 7.7 billion to approximately 10 billion by 2050. In order to deal with the problem of food waste, it is imperative to promote the development of tracking technology and the whole food management from farm to table. For example, RFID tags that can be heated by microwaves make food tracking easier, safer, and more effective. The use of RFID tags reduces the waste caused by expired food by 20%, reduces labor costs by 50%, and improves utilization, thereby increasing sales. Improving utilization of recyclable pallets. Fast retail checkout (up to 15 times faster), internal pilot Feedback the results with the retailer.