Sunbury, United Kingdom — June 7, 2006 — GXS™, a leading provider of business-to-business (B2B) e-commerce solutions, today announced it has become the exclusive platinum sponsor of GS1 worldwide. The multi-year sponsorship signals GXS’ continued commitment to accelerate the adoption of the Global Data Synchronisation Network (GDSN) and its efforts to reduce supply chain inefficiencies. GXS’ sponsorship follows GS1 UK’s recently launched initiative with retailers, ASDA, Makro and Tesco, to improve the quality of supply chain data by mandating the use of GDSN-certified data pools. GXS has relationships with 22 GS1 member organisations to deploy the industry’s largest number of GS1-certified country, regional and industry data pools. GXS is aggressively supporting GS1 organisations and retailer mandates to ensure the majority of suppliers are synchronising product data through the GDSN by the end of 2007.
Miguel Angel Lopera, president and chief executive officer of GS1, said, “The benefits that synchronised data bring to a business, especially in a globally competitive landscape, are immeasurable. GXS’ industry knowledge, standards leadership, data pool experience and proven ability to support businesses of all sizes are unmatched. By working closely with GS1-member organisations on a local level, GXS will enable suppliers to achieve business benefits such as reduced stock-outs, improved on-shelf availability, cost reductions and increased sales. When one considers the impact such benefits will have on the global supply chain, the importance of the GDSN cannot be underestimated.”
The data synchronisation initiative sponsored by GS1 UK, ASDA (part of the Wal-Mart family), Makro (part of the Metro Group) and Tesco, and powered by GXS, is providing insight into suppliers’ plans to use GDSN-certified data pools. Currently, the supply chains of many retailers and suppliers are encumbered by the use of poor, non-standardised data. As databases between retailers and suppliers have become increasingly disparate, the quality of the data has eroded – and with it, the effectiveness and efficiency of the global supply chain. Meanwhile, investments in new technologies, such as radio frequency identification (RFID), are undermined because a prerequisite of the successful execution of such tools is quality data. The GDSN can help organisations overcome such challenges by providing a consistent, accurate view of information throughout the supply chain to suppliers, retailers and manufacturers. In turn, all participants experience improvements in customer service and stronger returns on their investments.
“Our commitment to the GDSN is representative of the importance we place on improving the supply chain and ensuring data errors are eradicated. However, we are keen to educate suppliers that this is not simply about synchronising their product information with trading partners. Significant efforts also must be made to improve the quality of data on a company-by-company basis to ensure the clean flow of information,” said Ross Curtis, senior vice president of worldwide field operations at GXS. “GS1 UK’s initiative with three leading retailers is a definite measure of the importance being placed on cleaning up the supply chain. Clearly, it requires investment from every single retailer, supplier and manufacturer. By working closely with a number of GS1 organisations, we are able to provide such groups with the necessary expertise to join the GDSN quickly and efficiently.”
GXS is leading the industry with its focus on improving the global supply chain and powers more GS1-certified data pools than any other service provider worldwide. Its Data Pool Manager, available on the GXS Trading Grid®, empowers community-based organisations that seek to offer a data pool solution. GXS Data Pool Manager is designed to lower the barriers to implementing Global Data Synchronisation by providing a GS1-certified data pool as a managed service that is configured to the needs of specific geographic markets. Meanwhile, GXS Product Information Manager (PIM) solutions empower businesses of all sizes to manage product information and optimise product data synchronisation, effectively creating a ‘single version of the truth’ for all product data. With GXS’ PIM solutions, organisations can streamline business processes, reduce operating costs, increase product data accuracy and timeliness and enhance interoperability with global data pools.
According to AMR Research1, “Employing GDSN onboarding functionality as part of an overall collabourative data management strategy will help guarantee a jump start of any data synchronisation project implementation, shortening the time to value, mitigating the risk from the dynamic marketplace, and streamlining the process for synchronising information externally and internally.”
GS1 develops global supply chain standards and solutions used by over one million companies for bar coding, electronic business messaging, data synchronisation and through the EPCglobal Network, radio frequency identification.
GXS is a leading global provider of B2B e-commerce solutions that simplify and enhance business process integration and collabouration. Organisations worldwide, including more than 75 percent of the Fortune 500, leverage the GXS Trading Grid to achieve the perfect balance between supply and demand. Active in the global standards arena, GXS enables customers both large and small to connect with global partners, synchronise product information, optimise inventory levels and demand forecasts and accelerate the execution of supply chains.
Headquartered in Gaithersburg, Md., GXS provides sales and support to businesses and their partners worldwide. For more information, visit our Web site at www.gxs.co.uk.
1 Rob Garf, AMR Research, GDSN Onboarding Technologies: Now Creating Broader Adoption of Retail Data Synchronisation, July 14, 2005
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