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GS1 data registry tops 15 million products
![GS1 data registry tops 15 million products](https://biz-file.com/c/1502/258636.jpg)
The GS1 Global Registry is a directory that allows companies to synchronise standardised product data with trading partners worldwide. It is one of the most essential tools within the GS1 Global Data Synchronisation Network (GDSN), which provides a powerful environment for secure and continuous synchronisation of accurate data between businesses.
"Increased speed to market, improved accuracy and a more efficient supply chain were the main reasons for our adoption of global data synchronisation. GDSN not only means that we and our trading partners are using the same data, but GS1 has also given us the data quality that we are looking for," commented Roman Coba, Chief Information Officer at McCain Foods Limited.
When it first launched its GDSN in October 2004, there were only 74,000 items shared among trading partners in 13 countries, in the Global Registry. Today, over 25 000 companies have made it a cornerstone of their supply chain initiatives in more than 150 countries across multiple industry sectors. It also brings value to new business processes, which were inconceivable ten years ago, demonstrating that many global data synchronisation users are implementing the standards in new ways, such as regulatory registration compliance.
Since hitting the 10 million mark in 2012, GS1 has also seen an increase of use of global data synchronisation in the Healthcare sector with near to 1 million items in the Global Registry, mainly for medical devices, in the frame of the US FDA Unique Device Identification rule.
Organisations that have implemented the technology have improved on-shelf availability and made their logistics, accounting, customer service and inventory management substantially more efficient by reducing the number of supply chain disruptions with accurate product data.
"The 15 million item milestone indicates the ever growing success of GDSN as well as demonstrating Data Quality standards going from strength to strength globally. In the last two years many organisations have recognised the benefits of scale that adoption of GDSN brings to their business processes, which showcases the advantages of the uptake of GS1 standards," said Chris Havenga, GS1 South Africa Executive.
Looking forward, GS1 South Africa expects to see an overall usage increase in several different industries, such as healthcare, apparel, retail, food service and many more.
Demand for more visible data, such as nutritional information and product specification, have increased dramatically, driven by regulations, consumers, and the growth of multichannel shopping. Adopting an industry standard solution like GDSN would be the answer to these requirements.
"There will be a growing demand for data around how a product is delivered to market, including handling instructions, traceability attributes, nutrition information, regulatory compliance and classification in the South African markets," concluded Havenga.
For more information, go to www.gs1.org.
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