Why use GDS?
The value of clean, synchronised data
“3.5 per cent of all are lost each year because of supply chain inaccuracies. That equates to £21 billion worth of missed sales every year.”
Source: AT Kearney
Across industry 30 per cent of transactions contain inaccurate data. These errors cost an organisation £40 to £60 each to rectify and take 25 minutes to be manually corrected, per stock keeping unit, per year.
Suppliers can reduce their product information administrative costs by at least 40 per cent by synchronising product information. This will add significant value for all organisations in today’s increasingly competitive environment.
"Global Data Synchronisation is key for the efficient running of UK industry. At Kraft we have an active data synchronisation programme, linked to a major drive to improve data accuracy and customer service. We see this activity as a basic building block for collaborative processes, this being key to achieving higher levels of consumer satisfaction."
Peter Jordan, Director of International B2B Strategy, Kraft Foods
Quick Links
- General presentation
- What is GDSN?
- Why use GDSN ?
- Business issues
- Benefits
- Preparing for GDSN
- Data preparation
- Data check
- Data alignment
- Where to get support
- GDSN Standards
- GDSN Components
- GDSN Data Pools
- GDSN Global Registry
- GDSN Certified pools
- Romanian GDSN pool
- GDSN and the real world
- Contact GDSN Romania