GS1 Canada Leads Next-Generation Global Supply Chain Efficiency
-- Canada in a strengthened position to enhance its role in global e-commerce --
TORONTO, ON, June 30, 2005 - The Electronic Commerce Council of Canada (ECCC) announced today that it has joined GS1, the largest e-commerce standards organization in the world, and that it has officially become GS1 Canada. The new partnership forms a worldwide network of member organizations in over 100 countries aimed at developing an integrated and seamless global supply chain.
Setting the Stage for Revolutionary Changes in E-Commerce
GS1 is a pioneer in global data synchronization and next generation product identification, said N. Arthur Smith, GS1 Canada’s Chief Executive Officer. As a member organization, GS1 Canada is in a stronger position to enhance Canada’s role in global e-commerce standards, which is vital for maintaining Canada’s competitive advantage and sustaining a strong e-economy.
Joining GS1 better enables the new GS1 Canada to lead Canadian industry toward collaborative commerce, the next generation of e-commerce. Collaborative commerce refers to the process of integrating commercial processes, sharing customer relationships, and managing knowledge across enterprise boundaries. The global impact of collaborative commerce will be profound, enabling supply chains within and across sectors to electronically achieve increased efficiency, improved productivity and superior economic benefit.
Significant Benefits to Canadian Industry
GS1 Canada’s leverage and the move to collaborative commerce will have significant benefits for Canadian industry, said Joe Zenobio, President of GS1 Canada. By playing a prominent role in the development of collaborative commerce standards and processes, we expect that supply chain decisions by Canadian businesses, particularly small and medium sized businesses, will be more strategic and timely, enabling them to compete with their domestic and global counterparts.