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Service launched to help maximise m-commerce opportunity with trusted product data

GS1 UK introduces TruSource to capture, store and share trusted data GS1 UK, the not-for-profit supply chain standards and solutions organisation, today launched TrueSource, a new… View Article

RETAIL SOLUTIONS UK NEWS

Service launched to help maximise m-commerce opportunity with trusted product data

GS1 UK introduces TruSource to capture, store and share trusted data

GS1 UK, the not-for-profit supply chain standards and solutions organisation, today launched TrueSource, a new data management service which provides a tool set for retailers and brand owners, to ensure their product data is accurate, up-to-date and standardised across supply chains, stores and online. 
 
Trusted and authenticated information from TrueSource will be made available to marketing agencies, technology and mobile developers to enable brands to offer new services to 21st century ‘savvy shoppers’.  For example, if the trusted data were available it would allow a shopper to scan a bar code with their mobile phone to check nutritional or dietary information about a particular product or to choose products based on their environmental impact or ethical sourcing.
 
Consumers increasingly expect more information about the products they buy and they interact with companies through many different channels – whether it is in-store, online or via loyalty schemes and promotional offers.  The volume of electronic data about retail products is expected to increase by 400% by 2015 and the TrueSource service uses globally unique numbers to accurately identify individual items and provide a single, reliable view of product data as it is shared between multiple retail outlets, warehouses and suppliers.  
 
The service is available to GS1 UK member companies to enter and manage product information before sharing it with trading partners via GS1’s Global Data Synchronisation Network (GDSN).  Some of the largest retailers, suppliers and food operators around the world use the GDSN including Boots, Unilever, Kraft Foods, Heinz, Coca Cola and Proctor & Gamble.  The TrueSource service is available initially to over 1,000 suppliers and currently holds trusted and authenticated information for over 17,000 products. 
 
TrueSource can manage any number of product data items depending on demand from  retailers, suppliers and consumers.  Examples could include allergy advice, information about where a product was produced or its carbon footprint.  TrueSource also features a Product Sourcing tool that allows brand owners to promote their products and buyers to search for new suppliers.
 
A ‘light’ version of the TrueSource App, which demonstrates how a user can search for and view information about products currently held in TrueSource is available for download through Apple iTunes. This app was developed for GS1 UK by BT’s specialist capability unit BT Supply Chain Solutions, which supports the use of trusted and authenticated product information for mobile scanning apps.

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