A system and method of managing product at a location in which an echolocation RFID tag or a weight-sensing RFID tag is utilized to determine the quantity of material in a container and then this information is read by an RFID reader and then transmitted to a data storage repository and processing program for further handling of the data. The data storage repository and processing program may be near the RFID reader or may be remotely located with respect to the RFID reader.