Improving supply chain efficiency – GS1 in Transport and Logistics (T&L)
Businesses need to streamline costs, increase revenue streams, comply with legislation. Companies that provide logistic services can significantly reduce shippers’ spending on goods warehousing and transportation. By adopting GS1 Standards, the efficiency and visibility of T&L operations of supply chain stakeholders can be improved.
GS1 T&L Industry User Group
GS1 has established the T&L Industry User Group (IUG), a voluntary group consisting of manufacturers, retailers, and logistics solution providers from across the globe, to lead and implement GS1 Global standards in Transport & Logistics. The objective of the IUG is to facilitate adoption of GS1 standards in T&L Sector by supply chain stakeholders.
How the GS1 system of standards can help
With GS1 Standards as the basis for their operations and services, transportation and logistics teams can standardise information and automate its collection and this leads to much greater efficiency in transport and warehousing. Using GS1 Standards means that you can be sure that the information about each part of the process is reliable. It gives much better visibility of goods throughout the supply chain, including being able to track every stage and trace shipments back to their origin. There is also much better security throughout every step of the process, which guards against theft and, in some areas, this can also help with regulatory compliance.
Adopting GS1 standards has sustainability benefits, since improved efficiency in transportation means reduced CO2 use and full traceability of goods ensures better social responsibility. Finally, the improved efficiency ultimately leads to greater profitability, since the right goods get to the right place at the right time.
With GS1’s voluntary, user-designed standards, companies in the transportation and logistics sector can work more efficiently, more economically, more sustainably and more competitively.