This document will give an overview of how RFID technology can play a vital role in various industries. Besides RFID which is being used to improve the efficiency of supply chain management, retail industry and many other areas so it’s time to adopt and explore implementing RFID in various industries. In addition to this, RFID is also used to enhance the efficiency, productivity, tracking of the products and various tools, security and cost. This paper also covers various industry problems and advantages/disadvantages of using RFID technology. Many other organizations in service sector start to accomplish RFID technology to be functional and useful in tracking the customer’s data, safety, and stock control. Being RFID technologies with low cost and privacy issues which are contend to growth and effectiveness of RFID in industrial environment. Moreover, this study also explains that there are several ways to install RFID devices safely in order to progress the Return on Investment (ROI) management processes of the industries. Therefore, RFID technology systems can help in analyzing the costs, benefits through readers and tags devices in order to trace and locate the implanted products with the real-time locate systems (RTLS) implementations, Automatic Identification and Data Capture (AIDC) which can read customer’s details to provide more efficient as well as estimate the reduction in inventory associated to operational cost.