The retail industry is undergoing a global transition to 2D Barcodes, transforming the way we do business and offering new opportunities for all stakeholders.
Industry has defined the date of 2027 when all retailers will aim to scan 2D Barcodes at retail point-of-sale, worldwide.
2D Barcodes hold more information than linear barcodes
The additional data in 2D Barcodes provides each stakeholder in the value chain with more accurate, complete and up-to-date product information from across the product lifecycle – all the while still enabling the point-of-sale process.
2D Barcodes can also connect to the web, delivering a new channel for personalised consumer engagement.
2D barcodes remove friction between business partners and improve performance and safety across the entire supply chain. The power of the extra data helps to solve large and complex industry challenges.
Senior Director AIDC
GS1 Global Office
Solving today's challenges for retailers
Lower costs and reduce waste*
Increase product and consumer safety by preventing the sale of expired or recalled products at point-of-sale
Prevent unsafe products from being sold by batch/lot number
Increase brand trust by improving product quality and freshness
Improve inventory management by enabling date-based discounts at point-of-sale, expiration date management, automatic markdowns and improved stock control
* Woolworths were able to reduce waste by up to 40% and increase productivity by up to 21% during the pilot period. (Source - Woolworths, November 2021)
Reach out to a retail expert at GS1 Australia for an initial discussion on getting started with your transition to 2D barcodes.
As a neutral standards body, GS1 Australia is supporting retailers by offering guidance on the journey towards a smooth and voluntary transition of using 2D barcodes, while minimising disruption to their existing business processes.