1SYNC Data Pool Certified for GDSN Price Synchronization



    1SYNC(TM) has announced the availability of a new 1SYNC Data Pool
    Solution to support the recently approved Global Data Synchronization
    Network(TM) (GDSN) price synchronization standard. This new standard
    was introduced by the GDSN to help suppliers, distributors, and
    retailers reduce invoice discrepancies, improve order accuracy, and
    introduce new products faster by automatically synchronizing price
    information.

    "Having the 1SYNC Data Pool Solution support the new GDSN price
    standard will increase the capabilities between trading partners which
    leads to stronger relationships," said Bob Noe, Chief Executive
    Officer, 1SYNC. "We worked with our customers to validate the new
    standard and they are now preparing to incorporate price
    synchronization into their business process, which will accelerate the
    commercial value of their data synchronization investment."

    In both the US and European markets, 1SYNC customers, including
    The Coca-Cola Company (KO), PepsiCo (PEP), The Procter & Gamble
    Company (PG), and SUPERVALU Inc. (SVU), participated in the pilot in
    order to understand and test the GDSN price synchronization capability
    within their businesses. They successfully exchanged accurate pricing
    information with their trading partners and the pilot confirmed that
    the standards meet the business needs of these 1SYNC customers.

    "We are looking forward to streamlining our business processes by
    using 1SYNC's GDSN price solution," said John Phillips, VP Customer
    Supply Chain & Logistics, PepsiCo. "Having this capability will enable
    us to have a single connection to exchange price information with our
    customers instead of managing several custom connections."

    This is a big step forward for the industry. In addition to
    dimensions, descriptions, and other product attribute information,
    customers can use the 1SYNC Data Pool Solution to ensure accurate
    pricing information is synchronized and integrated with their trading
    partners.

    About 1SYNC

    1SYNC(TM), a not-for-profit subsidiary of GS1 US(TM), offers a
    range of data synchronization services that eliminate costly data
    errors, increase supply chain efficiencies, and promote the
    advancement of next-generation technologies, such as the Electronic
    Product Code(TM) (EPC). 1SYNC is headquartered in Lawrenceville, New
    Jersey with offices in the US, Brazil, and UK. GS1 US, a member
    organization of GS1, is dedicated to the development and
    implementation of standards-based, global supply chain solutions.
    Visit www.1SYNC.org for more information.