GS1 helps companies improve supply chain efficiency and visualization
How can companies improve supply chain efficiency and visibility? Traceability is an effective approach. A powerful traceability system can improve the efficiency of enterprise supply chain and help enterprises meet the market demand and relevant regulatory requirements.
The GS1 traceability standard is the foundation of this powerful system, providing a common language for identifying products, collecting and sharing data, which is the cornerstone of the system for visualization and interoperability between trading partners.
GS1 Key Knowledge points sharing:
GS1 logistics label can enable the company to better manage the use of inventory, inventory level and replenishment situation;
GS1 bar code can effectively manage the temporary insurance and short insurance goods, effectively reduce waste and loss;
The GS1 traceability standard automates processes to improve efficiency, data accuracy and cost effectiveness;
GS1 traceability standards can help relevant departments locate specific products and batches that need to be recalled, greatly reducing the cost of recall and reducing the damage to the economy, personnel and product brand.
GS1 traceability standard realizes the whole process traceability from the product source to the sale, meeting the public's demand for transparency in the supply chain...
In conclusion, traceability based on GS1 standards can help enterprises solve the problems of efficient production, consumer safety and trust, and legal compliance, making the production and life of enterprises, governments and consumers more efficient and easy.