| The GS1
System enables automatic capture of vital business data across
the supply chain from raw material to warehousing to
distribution to final retailing. The applications &
benefits of using the GS1 System are:
Applications:
• Stock/replenishment management
• Traceability
•
Product recalls
• Expiration Management
• Cargo inspection & movement
•
Product life-cycle tracking
• Product authentication
• Asset tracking
• Patient safety
• Counterfeit detection
• Pilferage/ shrinkage control
• Warranty / repairs management
• Demand forecasting
• Electronic business messaging
Benefits:
• Unambiguous & universal identification of
products,
consignments, entities etc
• Increased productivity through more efficient
processes and
faster response
• Lower cost through increased productivity,
elimination of
errors and savings in administrative
and personnel costs
• Improved speed to market/product availability
• Increased sales through increased productivity
• End to end supply chain product availability
• Improved product information : more transparent,
more accurate
• Compliance with global regulatory requirements on
traceability, safety and security
GS1 system
is used across 20 industry sectors ranging from Retail,
Healthcare, Transport
& Logistics to Defence.
|