The ability to track and trace goods across multiple trading partners with real-time visibility and quickly respond to market needs is the key to a successful and efficiently managed supply chain. In this context, businesses such as manufacturers, logistics providers and retailers are facing a multitude of challenges, which include:
- Higher than ever expectations of quality and safety from consumers
- Increased demand of quick and efficient response to questions regarding product ingredient from regulators
- Need for immediate and effective product withdrawals/recalls in the event of a crisis.
- Increased demand for product authentication and counterfeit detection to protect brand integrity and consumer safety.
GS1 standards provide the necessary framework required to support a seamless traceability system. GS1 Global Traceability Standard (GTS), developed in 2005 with active participation of global industry defines the globally-accepted method for uniquely identifying and sharing information on - trading partners, trading locations, trading items, logistics units , Inbound and outbound shipments.
GS1 Traceability standards enable compliance with all major global regulations such as ISO standards on traceability and recall, GAP (Good Agricultural Practice), EU Food Law, U.S. Bioterrorism Act and HACCP, among others. These have been endorsed by major food trade bodies, which include the British Retail Consortium (BRC) and IFS.
Find more about GS1 Global Traceability Standard (GTS)