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Jul 19 2017

Top retailers target £200m boost from better data

A dozen of the UK’s biggest retailers and brand owners have signed up to a plan that could save £200m by transforming the way product data is managed and exchanged.

 

GS1 UK, the supply chain standards organisation, has developed the Digital DNA scheme which is backed by the Co-op, Itsu, L’Oréal, Mondelēz, Nestlé, Ocado, PepsiCo, P&G, Sainsbury’s, Tesco, Unilever and Waitrose.

 

Two technology providers, 1WorldSync and Alkemics, are working on a pilot programme to demonstrate how the service will work, and how retailers and suppliers can populate and pull data to and from the service using multiple channels.

 

A number of SMEs are supporting the pilot, ensuring the inclusive nature of the service.

 

GSI chief executive Gary Lynch said the UK had fallen behind other countries in addressing the challenge of poor quality supply chain and product data. Read more

 

 

Source: LOGISTICS MANAGER