#United States #Supply Chain #Data Capture #GS1 US #Ewing, NJ

Roadmap for Modernizing Supply Chains

In the ever-evolving landscape of logistics, companies face immense pressure to enhance their operations. The latest research conducted by VDC Research, commissioned by GS1 US, sheds light on the critical role of intelligent data capture in modernizing supply chains. The report titled "Advancing Logistics Operations Through Intelligent Data Capture" outlines the transformative impacts of two-dimensional (2D) barcodes and global data standards on logistics across various industries.

The Essence of Intelligent Data Capture

2D barcodes, notably QR codes and GS1 DataMatrix, can store much more data—up to 7,000 characters—compared to their one-dimensional counterparts like the GS1-128 barcode, which holds merely 48 characters. This capability enables more detailed product information management, essential in today's data-driven environment. Despite the growing investments aimed at automating logistics operations, many businesses are still grappling with outdated systems that fail to leverage the advantages of these modern data capture tools.

Current Challenges in Logistics

The study highlights persistent operational challenges within logistics operations:

• - Barcode Readability Issues: A staggering 70% of logistics operations face issues with barcode readability on a weekly basis, primarily due to poor label quality and outdated scanning systems. This leads to inefficiencies and errors in product handling.
• - Need for Transparency and Traceability: 43% of companies express a desire for improved transparency in sourcing and traceability, which is critical for maintaining product integrity and meeting regulatory requirements.
• - Inventory Management Shortcomings: 36% of firms aim to enhance inventory management and asset tracking systems to boost efficiency and reduce waste.
• - Information Exchange Improvements: 47% of companies express the need for better information exchange processes, particularly regarding 2D barcode investments.

The Changing Landscape of Supply Chain Operations

With these challenges in mind, the report urges organizations to shift towards more automated, standards-based data capture solutions. Gena Morgan, vice president of Global Standards at GS1 US, emphasizes that maintaining outdated logistics systems and inconsistent labeling practices is no longer viable. The current business climate demands real-time traceability and smooth operations, which can only be accomplished through standardized practices that support efficient data flow from various sources.

According to the findings, integrating 2D barcodes into logistics operations can pave the way for enhanced accuracy and reduced labeling errors. By carrying vital information such as lot numbers, expiration dates, and serial numbers, these barcodes eliminate manual interventions and the need for relabeling, significantly streamlining the supply process.

The Case for 2D Barcodes and Standardization

Businesses across industries—ranging from retail and food services to healthcare and apparel—can benefit substantially from adopting 2D barcodes and GS1 Standards. These tools not only facilitate faster product identification but also improve data exchange seamlessly throughout the supply chain. The report highlights that as demand for better traceability and automated fulfillment grows, embracing these advances will lead to significant operational improvements.

A pivotal move towards modernization involves not only adopting innovative technologies but also establishing a culture of supply chain transparency and efficiency. Companies should need to take a proactive approach in adapting to changes to thrive in competitive markets.

Conclusion

The research findings from GS1 US call upon companies to acknowledge the importance of intelligent data capture and the utilization of 2D barcodes in their logistics strategies. As the supply chain landscape continues to evolve, those who are quick to adapt and implement these standards are better positioned to respond to market demands and challenges. To explore the full report, visit GS1 US Logistics. For further insights into GS1 US's role in enhancing supply chain capabilities, check out their official website.

In a future where efficiency, accuracy, and transparent operations are revered, companies must turn to intelligent data solutions and standards as a means to not only survive but thrive in today's dynamic supply-chain environment.