Study: 2D Barcodes, Global Standards to Revolutionize Logistics
A recent study by VDC Research, commissioned by GS1 US, has highlighted the potential of intelligent data capture, powered by 2D barcodes and global standards, to revolutionize logistics operations. The report, 'Advancing Logistics Operations through Intelligent Data Capture', is now available online.
The report reveals that many companies still struggle with legacy systems that cannot interpret 2D data, despite increased investment in automation and data capture tools. This is a significant issue, with 70% of logistics operations experiencing weekly barcode readability problems due to poor label quality, inconsistent labeling, or outdated scanning systems.
The study also found that companies are increasingly seeking to modernize their logistics operations. 43% of companies are looking for increased transparency in sourcing and traceability, while 47% aim to enhance information exchange. Additionally, 36% of companies want to improve inventory management and asset tracking. However, the specific companies that have already started implementing these changes using intelligent data recording systems, 2D barcodes, and global standards remain undisclosed.
Incorporating 2D barcodes, such as QR codes and GS1 DataMatrix, can significantly improve transparency and reduce labeling errors. These codes can store up to 7,000 characters, compared to just 48 in one-dimensional barcodes. This allows them to carry detailed product data, eliminating the need for relabeling or manual intervention. Furthermore, GS1 Standards enable real-time visibility and improve coordination among supply chain partners.
The 'Advancing Logistics Operations through Intelligent Data Capture' report, available at www.gs1us.org/logistics, underscores the need for companies to adopt intelligent data capture technologies to overcome the challenges posed by legacy systems and improve their logistics operations. The widespread use of 2D barcodes and global standards can lead to enhanced transparency, improved inventory management, and better coordination among supply chain partners.