The article presents the process of developing the model of the information gathering system. The authors suggest the possibility of designing the product monitoring system working on the wireless data transmission methods. RFID technology is viewed as an instrument for gathering information about the condition of particular products. Three main stages of system functioning have been singled out. At the first stage, the programming and product marking-up is carried on. Corresponding product conditions and the systems for their coding are defined. The performance principles of the product monitoring system are described. The second stage presupposes defining the mechanisms of reading the coding system from RFID tags. At the third stage, the information is gathered from the customers. For this, the authors suggest to integrate into the developed system an additional element - a web framework. For the developed system, the authors have constructed a simulation model of gathering information from the customers, and the adequacy of the model has been checked experimentally. The developed system enables gathering and processing information in the real time mode, and the decision-making process concerning product utilization depends on the input data. Thus, the authors suggest the possibility of applying the developed system for resolving global food waste and food shortage issues.