What is GS1net™
GS1net - Our answer to a common business challenge
Across the supply chain Australian businesses share many typical problems:
- out-of-stock situations
- delays in getting products to market
- invoice discrepancies and order mismatches
- storage and transport costs
- ensuring and maintaining data integrity
Getting data right and being able to share this data with your trading partners is vital in a world of global markets and rapid change.
Data Synchronisation
A form of data synchronisation is taking place today, between all suppliers and retailers, often without the companies even realising it. Suppliers share product information with retailers to ensure that the supply chain operates effectively and that their products reach the consumers. Retailers require product information from their suppliers to drive many areas of their business, for instance, new product introductions, warehousing, distribution and in-store systems.
Today, this sharing of information is largely done in a manual way, through emails, faxes and telephone calls. But it is often done only on a one-to-one basis and can be costly, error prone and inefficient.
Now there is a better way: GS1net
GS1net is GS1 Australia’s data synchronisation solution for the Australian and New Zealand. GS1net lets you enter, validate, store and maintain all your product, pricing and other related trade information in a single location. You can then easily share this global standards-based information with the trading partners you work with, across all industry sectors, both in Australia and around the world.
GS1 Australia is working with its members in more than eighteen industry sectors and GS1net is endorsed locally across more than five of these sectors including Grocery, Liquor, Healthcare, Automotive Aftermarket and Hardware. Many businesses in these sectors are seeing real business benefits delivered through using GS1net.
