A common application for RFID technology is in inventory management and tracking. RFID, or Radio Frequency Identification, uses electromagnetic fields to automatically identify and track tags attached to objects. This technology allows businesses to efficiently monitor inventory levels, reduce stock discrepancies, and improve supply chain visibility. Applications extend to various sectors, including retail, logistics, and manufacturing, where accurate and real-time data on product locations and movements are critical. By utilizing RFID, organizations can enhance operational efficiency and streamline processes, ultimately driving better business performance.