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The Future of Standards in the Consumer Goods & Retail Industry

The Future of Standards in the Consumer Goods & Retail Industry. Cut costs and meet new consumer needs A view from the industry. GS1 standards have a track record of success. “ Barcode adoption in the UK saved the UK retail industry €10.5bn in 2011”. Research conducted by GS1 UK and

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The Future of Standards in the Consumer Goods & Retail Industry

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  1. The Future of Standards in the Consumer Goods & Retail Industry Cut costs and meet new consumer needs A view from the industry

  2. GS1 standards have a track record of success “Barcode adoption in the UK saved the UK retail industry €10.5bn in 2011” Research conducted by GS1 UK and the Cranfield School of Management Future of Std Read Out v4 15Feb smw.pptx

  3. Now time to jointly assess new areas for collaboration Source: “2020 Future Value Chain report” – published by The Consumer Goods Forum; http://www.futurevaluechain.com/ Future of Std Read Out v4 15Feb smw.pptx

  4. Study goal: explore the impact of trends on standards Is there untapped potential in existing standards? How will standards need to evolve in response to the trends shaping the industry? Future of Std Read Out v4 15Feb smw.pptx

  5. More than 20 companies shared their perspectives Future of Std Read Out v4 15Feb smw.pptx

  6. There is an opportunity to extend standard’s reach • Adoption of existing standards as the main improvement opportunity • New standards are an opportunity Future of Std Read Out v4 15Feb smw.pptx

  7. Recruit new members and move beyond supply chain Consistent Adoption Future of Std Read Out v4 15Feb smw.pptx

  8. A wider range of trading partners embraces standards • Small to mid-size manufacturers and fresh food producers • Raw material and component suppliers • Logistics and transportation • Emerging retail channel partners Image source: http://www.rogersbizresources.com Future of Std Read Out v4 15Feb smw.pptx

  9. Standards are embedded in new business processes • Need a roadmap for the evolution of data-carriers • Need to provide consumer with an ever-expanding set of information B2C Processes B2B Processes • Collect and manage data to support traceability & demand planning • Need standards for measuring sustainability Future of Std Read Out v4 15Feb smw.pptx

  10. Introduce a framework to support implementation • The industry has not adopted an effective framework related to the deployment and implementation of standards Future of Std Read Out v4 15Feb smw.pptx

  11. High-priority actions can release this additional value Develop marketing programs Introduce simplified standards frameworks Use existing standards to communicate product information Collect sufficient information about origin Introduce standards to exchange sustainability data Develop data quality solutions Expand GS1’s role Future of Std Read Out v4 15Feb smw.pptx

  12. Our future: “back to basics” yet evolutionary Future of Std Read Out v4 15Feb smw.pptx

  13. Thank You! Kees Jacobs Global Sector Consumer Products and Retail Mobile: +31 6 53 292 832 Office: +31 30 689 6361 E-Mail: kees.jacobs@capgemini.com

  14. Back-up slides

  15. Recruit new members and move beyond supply chain Future of Std Read Out v4 15Feb smw.pptx

  16. High-priority actions can release this additional value Value Provided Future of Std Read Out v4 15Feb smw.pptx

  17. Standards are embedded in new business processes • Need to provide consumer with an ever-expanding set of information Product Information Product Safety • Collect and manage data to support traceability Future of Std Read Out v4 15Feb smw.pptx

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