An inventory management system is provided that includes an RFID interrogator and corresponding RFID tags that are placed on items to be monitored. The tags can be used to monitor the storage time of food items stored in a refrigerator or pantry, the time in use of replaceable items such as toilet bowl cleaners, or the nature of laundry items being washed. The interrogator can be coupled to a display providing various reports on the status of such items. Also disclosed are devices for dispensing such RFID tags.