The Accelerated Analytics team is pleased to announce its participation in GS1 US Apparel and General Merchandise Initiative “POS Data Sharing Group”. GS1’s vision is to enable the Apparel and General Merchandise retail supply chain trading partner community to automate and integrate business processes and collaborate on a broad scale. The POS Data Sharing Workgroup will work to produce industry best practices to improve the efficiency and effectiveness for collaborating with POS data. This will result in increased ability for brands to react quickly to developing sales and inventory trends, increase accuracy of analysis and reporting, reduce integration and data handling expenses, and support effective collaboration between brands and retail merchants.
The GS1 US Apparel and General Merchandise Initiative is a retail industry group that is committed to defining business challenges and opportunities and organizing members to explore solutions and create adoption plans. More than 125 suppliers, distributors, retailers and logistics providers are participating members in Initiative activities, focused on improving inventory accuracy, exchanging standardized product data and achieving traceability with GS1 Standards. More information about the GS1 US Apparel and General Merchandise Initiative is available at GS1us.org/apparel/gm.