GS1 GDSN™

GS1 GDSN™ (Global Data Synchronisation Network) is an automated, standards-based global environment that enables secure and continuous data synchronization, allowing all partners to have consistent item data in their systems at the same time.

GDSN is a network that connects data pools (eg 1SYNC and GS1net) which are regional sources of supplier and retailer data, connecting to the GS1 Global Registry (a Global Yellow Pages directory operated by GS1 GDSN inc). This global registry allows companies to locate source/supplier or recipient/retailer data pools to exchange standardized data with their trading partners.

In Australia, GS1 Australia has managed a local data pool called EANnet®. Since its launch in 2000, EANnet has been the source of product information from suppliers within the Australian FMCG industry for retail chains such as the Coles Group, and also Metcash. Being multi-industry capable, EANnet leads the way globally for the synchronization of product and price data across a number of industries including Healthcare, Office Products, Automotive, and Hardware to name a few.

By the end of 2007, EANnet will be phased out, to make way for the new GDSN compliant data pool called GS1net. Managed locally by GS1 Australia, GS1net will enable data source (suppliers) or data (e.g. retailers) to synchronize their product information using the latest in GDSN standards, but also link to the GS1 Global Registry.

GDSN BENEFITS

Benefit	Retailer	Manufacturer
Inventory Reduction	0.5 – 1 %	0.5 – 1 %
Out of Stock	2 - 4 %	2 - 4 %
Cost of Reconciliation Errors	5 - 10%	10 – 20% Customer Service and Finance
Logistics Costs	1% or more	1% or more
Receiving Times	1000+ hours	1000+ hours
Speed to market	2 weeks	2 weeks

Innovit has a range of products that allow companies (both Suppliers and Retailers) to participate within global data pools such as 1SYNC & GS1net. Certified by GS1, our range of iICE Product Data Management (PDM) tools are fully scalable, and provide data validation, through to advanced Product Information Management (PIM) and Master Data Management (MDM). Please visit our Products and Solutions page for a complete listing of iICE solutions.  

For more information on GDSN standards, refer to the GS1 Website www.gs1au.org.