When a product is composed of multiple sub-units, we call those sub-units “components.” Products with components may contain various pieces to a set, like a table and chairs – or may be a multipack of different elements, like a box of multi-flavored yogurt with different ingredients. With the changes introduced with Major Release 3, information such as ingredients, nutritional information or requirements for each component of a GTIN can be provided using a standard format.
For some time now we have been living in an era of Transparency. Transparency in our policies and procedures, transparency in the business practices we operate, and transparency in the products and services we buy in business and in our daily lives. The transparent manner in which consumers expect to discover, buy and express opinions about products or services is the new norm for any business that expects to flourish in the mobile social economy.
Product information is in demand throughout the entire discover-to-review lifecycle, and at virtually every touch point of the consumer experience. Understanding the importance and value of product information transparency and its accessibility is simple, however, delivering it efficiently and seamlessly is anything but simple. Businesses must revisit the manner in which product information is created, exploded, standardized, quality assured and syndicated to all parties that enable the consumer experience.
Consumer demand for transparency and accountability is forcing businesses and entire industries to revisit the way product information is sourced, aggregated, distributed and labeled. Years ago, the seller was in control as purchase decisions were based on the availability, convenience and brand. The paradigm has shifted, and with an abundance of choice in front of them, consumers are making selections not simply on brand or availability, but on the attributes about the product.
Compounding this even further, a plethora of global legal and regulatory mandates have been put into place, requiring Brand Owners and Sellers to comply with product information centric regulations. For example, EU Food Regulation 1169 or FDA’s Unique Device Identification. Such regulations are another compelling force for companies all around the globe to take a closer look at the digital information chain that accompanies their products as they pass along transitional and new Omni-channels to market.
For 1WorldSync, product information transparency gets to the heart of everything we do. Our mission is to empower global businesses and consumers with trusted product information that enables improved decision making, efficiency, health and well-being.
Our Product Information Cloud platform purpose was built to deliver syndicated product information solutions and services to customers around the globe that rely on product information to power their businesses. For many of our 16,000 customers, the ability to mobilize a product information transparency program is a logical next step on top of the solid product information management foundations they have built with us over the last decade or more.
Every industry we operate in is actively investing in software and processes transformation that enables transparency. From the product development, to aggregation and management of product data at the manufacturer to setting up an item for sale at a retail or online store, to presenting that information to the consumer.
It is such a hot topic this year that we have made it the focus of our annual customer user conferences in both the USA at GS1 Connect, and in our EMEA customer event alongside ECR Europe this year.
Major Release 3 at GS1 Connect
Major Release 3 will be a big topic of conversation at the 1WorldSync Annual User Group and GS1 Connect. Conference attendees will have the opportunity to interact with 1WorldSync MjR3 experts 1-on-1 and in group sessions.
Every year, 1WorldSync hosts its Annual User Group conference co-located with GS1 Connect. This year, the events will be held in Austin, Texas. If you haven’t yet registered, sign up today.
1WorldSync and solution partner Innovit are excited to co-sponsor a local community event for a worthy cause: the CASA Superhero 5K Race. 1WorldSync is committed to local communities around the world and focused on encouraging health and wellness within the organization. With a similar mission, Innovit’s commitment to local community programs has always been a core to its values and business practices. Partnering with 1WorldSync reaffirms this commitment to support focused programs that encourage health and wellness. Continue reading
Finding and comparing products online is far more frustrating than it needs to be. Especially if you’re trying to find the online version of a product you found in the store. There is almost no correlation between the offline product world and the online product world. I can say this confidently, because I found out from personal experience recently. Continue reading
1WorldSync understands the implications of Major Release 3 for its diverse community of trading partners. The impact to each organization may be very different depending on what attributes they support and what interface they have into their data pool. 1WorldSync is helping its community Be MjR3 Ready by breaking it down into three steps and providing the support needed to successfully complete each step along the way. Continue reading
1WorldSync’s Foodservice Key Account Manager, Ryan Robichaud discusses the importance of product information and the impact on Childhood Nutrition with Leslie R. Otts, MS, RD, LDN, SNS – Region 1 Nutrition Specialist with the North Carolina Department of Public Instruction (NCDPI).
1WorldSync: What are the expectations you’re encountering for accurate nutritional information from school nurses, parents, physicians, students, and healthcare professionals?
Leslie: School nurses contact school nutrition directors to determine the allergens in food. These may be the top eight allergens that cause 90% of the allergic reactions that could even lead to a life-threatening anaphylactic reaction or an ingredient that is less common, yet may still cause an allergic reaction. We have had to search through hundreds of ingredients labels for those common eight, but also for yellow dye, red dye, pineapple, strawberries and many more. Nurses are often asking for grams of carbohydrate in food items. With the increase of juvenile diabetes there is a high demand for very accurate carbohydrate counts.
I recently had a chance to speak with Philip Britt who was writing an article for Enterprise Apps Today about the 9 Tech Trends Transforming Retail. There is one area in particular that we discussed I thought I would spend some more time on here today – the Cloud.
The retail industry is facing a host of challenges today; new regulations (such as EU 1169 in Europe), changing shopping behaviors (Mobile and Online shopping), an increased demand for access to product information (thank you Smartphones), and shifting buying power (Millennials beginning to outspend Baby Boomers). Any one of these challenges over a five-year period would put stress on the infrastructure that most retailers rely on. All 5 at once are causing them to transform the way they operate their business, and the infrastructure they use to do it.
Consumers worldwide are in love with product information. They’re using it to research and guide their purchasing decisions and they’re accessing it in various ways from multiple locations before committing to check out. The consumer electronics industry is an ever evolving industry with a constant introduction of the latest and greatest products. The digital age is driving the way these products are introduced to retailers and, ultimately, presented to consumers.
The demand on brand owners for accurate product information continues to grow – consumers want to have confidence in the information for food & other products, such as ingredients and allergens. Retailers want to understand accurate dimensions of products for shelf planning and supply chain purposes. When it comes to new products that have not yet been produced, the initial set of information is desired well before the final product is ever produced so that buying decisions can be made between the merchant and the brand owner. Continue reading