Keeping pace with an evolving industry

25 years ago, the barcode that could be scanned electronically originated, making it easier for products to be tracked, processed, and stored. In addition, GS1 Standards set processes and standards across multiple industries to reduce the cost of sharing and exchanging information and products for trading partners.

In the 2000’s, we saw the explosion of ecommerce and the rise of brands focusing on digital content, and the global pandemic has recently further intensified shoppers’ expectations around transparent and sustainable sourcing of products.

According to a NIQ study sustainability-linked shopper products brands now grow nearly six times faster than other brands. In fact, 73% of global shoppers indicated they would definitely or probably change their consumption habits to reduce their impact on the environment.

The ever-evolving FMCG industry, and online shopping, have driven the need to support online content better.