- Data Quality – Dr. Oetker
- GDSN Adoption – Robert Bosch GmbH
- Innovation – Mars, Incorporated
- Compass Award – David Sheldon, Nestle
Just as the leaves are turning from green to auburn brown this Fall, our attention turns to the holiday season. The time of the year when consumers are getting ready to spend for the Holidays. The leaves aren’t the only thing changing, however, shopping habits have been immeasurably impacted by conscious consumers and smart mobile devices. According to Andreessen Horowitz:
By 2020 over 80% of adults on earth will have a smartphone, and most of them preferring to conveniently discover and purchase products from their laps or the palm of their hand.
History was made this week as a former CEO received the largest penalty ever for a food poisoning outbreak case because his product contained a deadly disease. This ruling will inevitably cause a fundamental shift in how future outbreaks are handled, by the courts and the foodservice industry alike. Food manufacturers are now on high alert that there are major repercussions for not complying with food safety regulations.
September 24th 2015 is upon us, thus the second deadline for UDI compliance has arrived. As a quick recap, the FDA is requiring all medical device product information to be submitted to their Global Unique Device Identification Database (GUDID) in order to more easily and accurately identify and trace medical devices along the supply chain. (You can find out more about the regulation and compliance deadlines here.) Continue reading
Cet article est paru initialement dans le magazine Supply & Demand Chain Executive le 20 juillet 2015.
La publication d’informations produit erronées sur la chaîne d’approvisionnement peut avoir de lourdes conséquences, en particulier dans le secteur de la santé où elles peuvent faire la différence entre le bien-être et la maladie, la vie et la mort. Ces dernières années, la diffusion d’informations produit défectueuses a eu des répercussions sur la chaîne d’approvisionnement des soins de santé. L’industrie a ainsi dû faire face à des défis significatifs avec pour conséquences une augmentation des coûts de fonctionnement et un impact sur la qualité des soins fournis aux patients.
They say a picture is worth a thousand words, but, in today’s economy, it’s also worth thousands of dollars.
Understanding the importance of digital assets seems second nature. A product’s main image is the salesman at 3:30 am when someone is shopping online. It’s customer support in the shape of a digitized instruction manual and the differentiator during a product comparison.
Recently, I became a father and with that came a bunch of new purchases; changing tables, bath toys, strollers…this was all new to me. Each new item brought a new set of buying requirements (mostly from my wife). I didn’t know we needed a certain diaper type for night time, or that a stroller had to be easy to turn and collapse (that is key, actually!). I was merely going off of the experiences of our friends, basing my buying decisions on recommendations and price.
This year the 2015 Annual User Group Europe will be co-located with GS1 Germany’s ECR Tag at the World Conference Center in Bonn, Germany. Join us for an evening of networking and a full day (September 21 – 22) of engagement with your trading partners and industry peers. At AUG Europe, we will help you gain knowledge on critical implementation practices and intelligence on CPG/Grocery. Hardlines and Healthcare industry insights and trends. If your role involves a focus in Master Data Quality, Regulatory Compliance, Supply Chain Processes or E-commerce, then this conference is for you!
As an avid reader of Bloomberg Businessweek, I was excited to see cloud technology, code, data management, everything that we, 1WorldSync, live and breathe, dominating the June 2015 issue. It got me thinking, how do we as a world, as an industry, as a business, educate decision makers on:
- ‘Understanding and unlocking’ the value of the cloud?
- Understanding the power and presence of data?
It is a new frontier, a ‘Data Revolution’, and the healthcare industry, specifically, is on the proverbial cliff ready to jump in head first. With the ongoing transformation of the U.S. healthcare delivery system, supply chain has become a key component to meeting organizational goals by driving clinical value, implementing innovation, and delivering operational efficiency. In order to fulfil its multifaceted objectives, supply chain is engaging with various stakeholders in pursuit of a common mission to foster a coordinated healthcare delivery system. Specifically, the impact of the ‘Data Revolution’ and the ‘Big Data’ explosion on the healthcare industry has spurred the creation of governmental and regulatory mandates, such as the Unique Device Identification (UDI) regulation set forth by the FDA. The UDI regulation require all medical device manufacturers to publish complete and accurate product information to the Global UDI Database (GUDID). To comply with the regulation, all medical device manufacturers must publish all required medical device product attributes to the GUDID by the specified time or face strong consequences.
Whether it’s in the form of regulatory compliance, seamless deployment along the supply chain, expanded storage, or collaborative networks or solutions, companies and businesses are looking to improve their top and bottom lines, and trusted product information is proving itself as a time and cost saver with the ability to help businesses grow. This is the core of 1WorldSync services and solutions. By building genuine business relationships and developing detailed strategic solutions 1WorldSync services address the most critical challenges within organizations in support of supply chain efficiency and regulatory compliance.
Join 1WorldSync at AHRMM15 to explore key ideas, trends, and best practices around building strategic stakeholder engagement, with an emphasis on supply chain perspective. Visit 1WorldSync at booth 924 and learn how the leaders in data pool management solutions and services can support your business for trusted product information exchange.
We look forward to seeing you there!
To be the Healthcare industry leader in product information exchange and the change agent that drives the industry forward through global regulatory compliance and improving healthcare standards.
Blog originally featured in Supply & Demand Chain Executive business magazine on July 20, 2015.
The effects of inaccurate product information across the supply chain are tremendous, particularly in the healthcare industry where its implications can mean the difference between wellness and illness, life and death. In recent years, the impact of flawed product information ricocheted through the healthcare supply chain, resulting in significant challenges to the industry, driving increases in operational costs and impacting the quality of patient care.
Healthcare reform, increased transparency and traceability requirements, and poor data quality are just a few of the elements that are contributing to greater costs of doing business for healthcare organizations. In the meantime, product recalls, market withdrawals and safety alerts weakened government and consumer trust in the industry, resulting in greater scrutiny and heavier governmental regulation. In an industry that is global by nature, the necessity for a standardized approach to supply chain management is imperative to keep costs down, and ensure the safety and well-being of end recipients.