Leading Indian FMCG manufacturers and retailers gathered at Mumbai for the
ECR India Meet have announced the launch of GDS Services (Global Data Synchronisation)
a common standards-compliant 'information data pool' to benefit the
Data Synchronisstion (GDS) is a global, internet-based initiative enables
companies to exchange accurate, up-to-date, standards-compliant supply chain
information," explains K Radhakrishnan, chairman, ECR India and vice
president, Foodworld Supermarkets Limited. "It has been identified
as one of the single biggest reasons for inaccuracies in out-of-stocks (OOS)
management and is being aggressively pursued by global companies,"
FMCG companies like Johnson & Johnson, Hindustan Lever Limited, P &
G, Reliance, Nestle, Pepsi Foods, ITC and Glaxo SmithKline and major retailers
like Canteen Stores, FoodWorld, Big Bazaar, Pantaloon, Nilgiris, Retailers
Association of India and CONCOR are attending the ECR (efficient consumer
response) India Meet.
Bowden, sales director, Global Exchange Services, UK who addressed the ECR
India members on the benefits of GDS said, "As retailers and suppliers
face increasing pressure to complete business transactions in real-time,
retailers in all industries are turning to automate the processing of inbound
product information, cut operating costs and increase speed to shelf."
that GXS offers complete end-to-end data synchronisation solution in the
retail industry, which helps in keeping product information accurate and
consistent across all channels.
to N Ambwani, co chairman, ECR India and managing director, Johnson &
Johnson said, "By improving information accuracy, companies will be
able to reduce costs and improve the efficiency and performance of their
business processes, such as inventory management and replenishment, order
reconciliation, and new product introductions. In the US alone, which otherwise
has highly automated supply chains, it costs $60-70 as administrative costs
for correcting each wrong dispatch or order."
added that the Global Commerce Initiative (GCI) which represents over 60
per cent of the world's leading retailers and FMCG manufacturers has identified
GDS as the single biggest priority area and has strongly urged the FMCG
sector to implement it to remove a major pain point which contributes to
stock outs and inefficiencies across the supply chain. He also informed
that the leading retailers like Wal-Mart, Home Depot etc have already mandated
their global suppliers to start submitting their product data using GDS
specifications & exporters out of India are likely to get affected shortly
in response to these directives.
report on "Dataflows project" prepared by Hindustan Lever
was also released. The report provides guidelines to the FMCG sector in
India on adoption of global standards to facilitate electronic exchange
of product & party information between manufacturers and their distribution
trade using EAN.UCC international standards.
efficient consumer response (ECR) movement in the FMCG sector was launched
in India in October 1999, with its founder members being The founder members
include J&J, HLL, P&G, Godrej, Nestle, PwC, TCIL, Food World and
EAN India. The movement has since rapidly progressed to include over 36
India (soon to become GS1 India) is an affiliate of EAN International, Belgium
which has 101 EAN organisations representing 155 countries across the world.
Over one million companies across the world use EAN.UCC standards with over
barcodes being scanned each day at retail point of sale outlets worldwide
making EAN.UCC standards, the de-facto standards in retail.