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Supply Chain Management (SCM) is a business strategy that aims at enhancing the value to the customers, minimising business operation cost through the collaboration of all working parties along a product supply chain. An effective supply chain integrate demand and supply management, minimise overall logistics costs and maximise operational efficiency and customer services through the adoption of global Standards & Technologies & Best Practices.
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GS1 (former name as EAN International) is a voluntary standards organization who mandates to foster the standardization process to facilitate efficient business management. GS1 is in charge of the development, implementation and maintenance of a set of global standards for supply chain management called GS1 System.
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| The System enables the unique identification of trade items, services, shipments, assets, companies, locations and relationship at any point in the supply chain. Users from all industries can use these identification numbers to facilitate trade by combining with data carriers (like barcodes and radio frequency tags) and electronic messages (like EDI transactions sets and XML schemas). The robust implementation of GS1 System derives a number of supply chain best practices for more efficient supply chain (like Collaborative Planning Forecasting and Replenishment (CPFR), Vendor Managed Inventory (VMI), Cross-dock). | |
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