electronic reading and encoding machines for labels; electronic security tags with tag recognition method to be applied to retail merchandise; software for locating, monitoring and tracking the position of objects and other electronic devices; software for providing real time location, tracking and interconnectivity with other devices, system of downloadable software and hardware comprising sensors, RFID tags, communication devices, and gateway routers for providing real time location and interconnectivity with the cloud and other devices; software for sticker type label information management; software used in supply chain management for receiving, maintaining and monitoring the identification of stock; wearable computer peripherals used for locating, monitoring, and tracking the position of objects and other electronic devices; computer software for providing data of the product that is being identified, namely, weight, dimensions, shape, and location; high performance one dimensional and two dimensional barcode readers using image technology; Computer software for extracting product type information and product location information by recognizing 2D codes; Computer software for grasping product quantity information through image analysis of the space where products are displayed; Computer software for updating information about products displayed on Electronic Shelf Label; Computer software for editing information about products displayed on Electronic Shelf Label; downloadable computer software for providing an on-line database for transaction processing, namely, to upload transactional data, to provide statistical analysis, and to produce notifications and reports