PURCHASE

Benefits

  • Consumers expect to be able to purchase and receive goods in a seamless and streamlined way. GS1 standards make it easy for people to discover and purchase products wherever they are.
  • By building on existing investments in GS1 standards, the retail industry can meet the product information needs of the new tech-savvy, omni-channel consumer.
  • Greater consumer-facing inventory visibility is key. If a consumer cannot find the right product online it’s a digital out-of-stock— the equivalent of an empty shelf in store.
  • The combination of unique product identification (GTIN) and Electronic Product Code-based radio frequency identification (EPC/RFID) can deliver near real-time inventory visibility as well as inventory accuracy approaching 95%.