Latest news with #RenauddeBarbuat
The Hindu
19-05-2025
- Business
- The Hindu
New generation barcodes to go live from 2027: GS1
The next-generation QR Codes will be introduced by GS1, a global standards organisation, from 2027 to bring in more transparency, traceability and to protect consumer interest. Currently being tested in three countries, including in Australia, the QR codes will be rolled out in India depending on the preparedness of manufacturers who have to incorporate the new generation barcodes in their products, said top GS1 executives. S. Swaminathan, CEO, GS1 India said, 'As far as India is concerned, 2027 is an ambition and we invite both retailers and manufacturers to reach that. That's their decision at the end.' 'What we do is for retail, we will have a period where you will find on the package both the traditional lineal barcode and the QR code. So, it will ensure that for a certain period of time, even if the retailer hasn't upgraded the point of sale, you can sell but you will also get the benefit of the QR code with more information at the same time,' he said. 'And then later on, when in a given country, the vast majority of the retailers will have the capability to scan the QR code, then manufacturers will be able to put only one. But it will depend from one country to the other on how advanced the retailers are,' he added. Considering the level of digitisation in India and the country's economic stature as it would soon be the world's third largest economy, this is for the first time GS1 is holding its General Assembly in India which will have participation from all member countries. Renaud de Barbuat, President and CEO, GS1 said, 'For GS1 India is one of the most important countries for us. And the fact that India will become the third-largest economy pretty soon in the world is an indication of how important it is. And I would say that the GS1 India is one of the fastest growing local organizations.' 'So, from a digital standpoint and from a growth standpoint India is absolutely critical for us,' he added. On this occasion GS1 which started implementing barcodes 50 years back will unveil its Vision 2030 to mark a transition to the new era. Mark Batenic, Chairman, GS1 Management Board while briefing in Mumbai said 'Vision 2030 builds on GS1's 50-year history of the barcode. Vision 2030 is going to address the urgent need of consumers and patients who are asking for more transparency and safety. That's what standards and this information is all about.' 'There's an urgent need in the industries for a digital transformation, supply chain resilience, which we've all experienced things in the past years, enable sustainability, consumer experience, patient safety. That's what we're here for, and that's what Vision 2030 is going to try to accomplish,' he said.
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Business Standard
19-05-2025
- Business
- Business Standard
GS1 to roll out next-generation barcodes by 2027 to boost transparency
GS1, the non-profit standards organisation that develops barcodes, is preparing to replace the current system with next-generation formats such as QR Codes powered by GS1 and GS1 DataMatrix. The global rollout is expected by 2027 and aims to improve product traceability and supply chain transparency. The announcement was made at GS1's General Assembly held in Mumbai on Monday. The organisation said the transition will enable businesses, consumers and regulators to access product-specific information—including expiry dates, sourcing data and recall notices—through a single scan. GS1 operates in 118 countries and supports over 2 million businesses. Its barcodes are scanned more than 10 billion times daily. As a neutral, not-for-profit entity, GS1 develops and maintains open standards used across retail, logistics, healthcare, agriculture and other sectors. 'In the next phase, every product will carry barcodes that provide structured data rather than just price and identity,' said Renaud de Barbuat, President and CEO of GS1 Global. 'The focus is on improving identification, traceability and information-sharing.' In India, GS1 standards are already used in national programmes such as FASTag, Ayushman Bharat and ROHINI (a hospital registry). GS1 India, the local affiliate, is working with the government and private sector to expand the adoption of advanced barcodes across healthcare and retail. S. Swaminathan, CEO of GS1 India, said the upgraded barcode version could help track the movement of medicines, medical devices and agricultural goods through standardised labelling. The organisation is working with health agencies to integrate the system into Ayushman Bharat for inventory management and cost tracking. India is one of GS1's fastest-growing markets. The organisation cited India's scale, digital transformation and the government's efforts to strengthen the drug supply chain as key factors in making the country central to GS1's Vision 2030 roadmap. The roadmap includes unifying global operations, modernising identification systems and enhancing infrastructure to support digital commerce and logistics. According to the GS1 management board, India's significance lies in both its manufacturing base—particularly in pharmaceuticals and medical devices—and its expanding consumer market. GS1 stressed the need for Indian supply chains to align with global standards as international trade becomes more interconnected. The new barcode system is being positioned as a tool to verify product authenticity in sectors such as pharmaceuticals. Hospitals and pharmacies will be able to scan a medicine pack to confirm its origin, manufacturing date and batch number. GS1 said this can aid in product recalls and reduce the spread of substandard or counterfeit drugs. The transition from traditional 1D barcodes to 2D formats like QR Codes will occur over the next two years, with full implementation planned by 2027. GS1 is working with stakeholders to ensure that systems are upgraded to read and process the new codes. These barcodes are also compatible with smartphone cameras, allowing broader accessibility without the need for proprietary scanners. The upgraded barcodes will be structured to support integration with technologies such as artificial intelligence and blockchain, especially for applications requiring secure and multi-party data sharing. Mark Batenic, Chairman of the GS1 Global Board, said coordination between local affiliates and central teams is underway to develop consistent implementation guidelines for both developed and emerging markets. The new standards will remain open and technology-neutral to ensure scalability. GS1's Vision 2030, also presented at the General Assembly, outlines plans to unify operations under the 'One GS1' framework and expand its identification systems' use in digital commerce and logistics. The organisation does not develop or sell commercial products but provides the infrastructure for global data exchange. It remains funded through membership fees and related services, not through product sales. Current barcodes will remain valid during the transition. Businesses will be required to update packaging, point-of-sale systems and inventory management software to support the new standard.
Business Upturn
19-05-2025
- Business
- Business Upturn
GS1 India to Host GS1 General Assembly 2025 in Mumbai: ‘Building Bridges for a Better Tomorrow'
MUMBAI , India , May 19, 2025 /PRNewswire/ — GS1 India is proud to host the GS1 General Assembly 2025 in Mumbai from 20th to 22nd May 2025 . With the theme 'Building Bridges for a Better Tomorrow,' this prestigious annual global event brings together leaders and change makers to shape the future of global supply chains. GS1 India will be hosting the GS1 General Assembly in Mumbai from 20th to 22nd May 2025. The event will have 250+ guests representing the GS1 Management Board comprising some of the global leading companies, and Chairmen and CEOs representing 118 Member Organizations worldwide. Together, these global leaders will explore how standards and emerging technologies are accelerating digital transformation and enabling smarter, more resilient supply chains—with a central highlight being the official approval of GS1 Vision 2030, the organisation's bold new strategic direction. 'With the approval of GS1 Vision 2030 here in India , we mark a milestone moment for our global community. This new strategy sets a bold course for the future—one where data can be trusted, shared, and acted upon in real time. In a world shaped by digital acceleration and AI, our role is to enable companies of all sizes to seamlessly reach markets, enhance supply chain efficiency and resilience, meet sustainability and regulatory demands, and empower consumers and patients with information they can trust,' said Renaud de Barbuat, President and CEO, GS1. S. Swaminathan, CEO, GS1 India said, 'We are honoured to host the GS1 General Assembly 2025. As supply chains around the world evolve to become more digital, transparent, and resilient, this year's them reflects our collective commitment to collaboration and transformation. Through global standards, we are not just enabling smarter supply chains; we are laying the foundation for trustworthy ecosystems powered by trusted data that benefit consumers, businesses, and governments alike.' The event will have voices from Indian industry sectors such as retail, healthcare, technology, supply chain management, and e-commerce. These leaders will explore how global standards and emerging technologies are accelerating digital transformation and creating smarter, more resilient supply chains. Key discussion topics will include: The launch of Vision 2030 and its impact on the industry Ambition 2027 and the global transition to next generation barcodes The transformative impact of emerging technologies like AI and Block chain About GS1 GS1 is a neutral, not-for-profit standards organisation that is best known for the barcode, named by the BBC as one of 'the 50 things that made the world economy.' GS1 standards improve the efficiency, safety and visibility of supply chains across physical and digital channels in 25 sectors. GS1 standards enable organisations to identify, capture and share information seamlessly. Our scale and reach – local Member Organisations in 118 countries, more than 2 million user companies and 10 billion transactions every day –ensure that GS1 standards create a common language that supports systems and processes across the globe. Find out more at About GS1 India GS1 India is a member organisation affiliated to GS1 Global. It has been setup by the Ministry of Commerce, Govt. of India along with trade bodies like CII, FICCI, IMC, ASSOCHAM, APEDA, FIEO and organisations such as Spices Board, Indian Institute of Packaging and BIS. Find out more at The GS1 General Assembly is an annual meeting which brings entire GS1 global community together and where organisation's key decisions and global disruptions are discussed. View original content: Disclaimer: The above press release comes to you under an arrangement with PR Newswire. Business Upturn takes no editorial responsibility for the same.
