Big-box retailers count on coordination with hundreds of manufacturers in order to keep their stores stocked with the goods that people seek. It is easy to imagine how complicated of a task this might be, but one technology has made the process a lot smoother. The Global Data Synchronization Network (GDSN), which was launched back in 2004, was innovative in its time for allowing trading partners to share data about products in a standardized language.
Each product is given a unique identifier, and this is used to enter its details into the GDSN system. Characteristics such as a product’s size, weight, category, and color are included, along with logistical data like the type of packaging used and how many boxes of it will fit onto a pallet.
With more than 22 million registrations and 40,000 users now taking part in the network, the data it contains needs to be highly accurate. A product’s information is tested and validated when it is first entered into the system, and its data is also synchronized in real time so that suppliers can update product details on the fly.
Choosing GDSN Service Providers
Suppliers can choose from 33 certified data pools for GDSN storage and synchronization. They can turn to GDSN service providers to make the process easier, and it’s important that they consider customer service when making their selection. Being able to reach a supplier quickly and easily around the clock is vital, and user training is also a useful perk.
Another important aspect when making a decision is cost. Pricing models are sometimes based on a firm’s number of active SKUs, while others look at their total revenue or data recipient numbers. This can lead to significant price differences for smaller suppliers, so it is important to study everything carefully before committing to a particular GDSN service provider.
This blog post was based off of an article from Supply Chain Dive. View the original here.