DS Stores is First Store-Level Replenishment and POS Analysis Software to Achieve GTIN and GLN Compliance
Reduce Out-of-Stocks and Increase Speed-to-Market by Becoming "Sunrise 2005" Compliant
ST. LOUIS--May 20, 2003--Demand Management, Inc. announced that its Store-Level Replenishment and Point-of-Sale analysis tool, Demand Solutions Stores, conforms to all data structures for the Global Trade Identification Number (GTIN) and the GLN (Global Location Number) initiatives.
GTIN, associated with the Sunrise 2005 initiative, enables more transparent global trading by creating new efficiencies and standardizing how products are handled and traded. Large retailers are expected to be unanimous in specifying GTIN-compliant coding of product numbers, and Wal-Mart has already announced its intention to limit trading partners only to GTIN-compliant firms.
The GLN provides a standard means to identify global locations to support the requirements of electronic commerce. The GLN is designed to improve the efficiency of integrated logistics while contributing added value to partners and customers. Locations that can be identified with a GLN range from a warehouse to the precise location of a particular company`s purchasing department.
"With the products being procured globally, there is no reason why product identification should not be global," said Rajiv Kohli, an assistant professor of Management Information Systems at the University of Notre Dame. "A uniform product and location scheme, supported by a reliable information system, will help reduce costs, promote efficiency and give businesses the much-needed flexibility in buying and selling goods," added Kohli.
"The impact of the Sunrise Initiative and GLN is enormous for CPGs, hard lines and apparel," said Mike Campbell, president & CEO of Demand Management, Inc. "If you want to start down the compliance road today your company can be utilizing the GTIN or GLN within a few weeks implementation time."
By bringing consistency in international product identifiers the Uniform Code Council (UCC) and the European Article Numbers (EAN) become a single identifying data structure that can incorporate all UPCs around the world.
About Demand Management, Inc.
More global supply chains depend on Demand Solutions software by Demand Management, Inc. than any other system. Since 1985 DS products have been the most reliable and cost-effective solutions available for leveraging supply-chain technology to improve bottom-line results, from manufacturing to distribution and retail. Learn more about the industry`s leading forecasting and demand planning system at http://www.demandsolutions.com.
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Contact:
Demand Management
Tim McGraw, 510/845-9063
media@demandsolutions.com
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