GS1 launches update to Global Data Synchronization Network
GS1, the global standards organization, announced the successful global launch of GDSN Major Release 3, an update to the Global Data Synchronization Network (GDSN) standard. The launch brings a new level of speed, efficiency and information-sharing flexibility to the nearly 40,000 organizations worldwide that rely on GDSN to share trusted product data with their business partners in an automatic, and immediate way. With enhancements like richer product information sharing, industry-specific functionality and better regulatory compliance features, the release of GDSN Major Release 3 empowers organizations to respond to new and emerging marketplace demands like never before.
GDSN is a networked product data sharing system that is managed by the GDSN standard (www.gs1.org/gdsn). It contains over 20 million products. This standard ensures that information, like pricing or product data, exchanged among networked trading partners is accurate. Any change made to one company's database is immediately shared with the other partners. The GDSN Major Release 3 update takes this process to the next level with over 1,500 improvements, including support for new product attributes and the consistent sharing of imagery that corresponds with those products. The updates are designed to help businesses deliver an unmatched customer experience. For example, through GDSN Major Release 3, application developers will have the most up-to-date trusted data to deliver a better shopping experience; hospitals will gain flexibility to quickly respond to market needs; and improved data sharing will enable retailers and brand owners to track products globally.