GS1 Canada is pleased to bring you the April edition of the Food for Thought. With every edition, we will bring you the latest insights, news and trends.
Modern business needs are making details related to "who" and "where" more critical than ever. Over the last year, GS1 has been taking a holistic approach to address industry’s party and location use case needs throughout world. Now we are inviting you for a webinar on April 14, 2021 to provide an overview of current activities and what will be happening as the journey continues as it relates to industry needs, standards, and Global Location Number (GLN) registries.
It will be the first step for you to support and influence the way forward and to ensure the future GLN Registry is fit for your business.
The webinar will cover the following topics:
Date: April 14, 2021
Cost: This webinar is free.
March 31, 2021 marked the 50th anniversary of the GTIN.
On that day in 1971, industry leaders in grocery agreed to use a universal product code for product identification. That unique identifier is called the Global Trade Item Number (GTIN) today.
Through industry collaboration, innovation, and leadership, that historic meeting was the beginning of GS1 global standards. There are now over 6 billion scans of GS1 barcodes around the world every day.
Today, with much greater need for unique product identification, accurate data and more product detail to support global omni-channel needs, the need to collaborate, think big and innovate is more important than ever.
The next 50 years begins now!
Every year, GS1 member organizations from around the world come together to share knowledge and information about standards and industry news from around the world.
GS1 Global successfully executed its first virtual global conference on March 1 to3, 2021. The conference included over 2700 participants from 111 countries and featured 150 speakers and 85 workshop sessions. Congratulations to the GS1 Global office for hosting a conference that was filled with amazing collaboration and teamwork from around the world.
GS1 Canada is pleased to welcome the following new data recipients:
Eskimo Point Lumber Supply
Founded in 1974, Eskimo Point Lumber Supply is a Nunavut based retailer and distributor providing a wide range of goods and services to Northern communities where resources are often limited.
One of Canada's premier health food markets - with locations in both Newmarket and Vaughan - sharing the world’s finest pure, natural and organic foods, vitamins, supplements, gluten-free, traditionally raised grass-fed meats, raw foods, natural skin care, cosmetics and home supplies as well as sustainable, eco-friendly clothing for the whole family.
Q: How can I get barcodes for my products?
A: Unsure how to barcode your products? Follow this five-simple steps.
COVID-19 has had a significant impact on foodservice. One year after the start of the pandemic, Technomic Inc., a management consultancy who provides a 360 degree view of foodservice, made some key predictions for this resilient industry in 2021.
As the pandemic continues, so does the shift away from shopping in physical stores in favour of digital commerce. As businesses look to get more traction for their ecommerce brands, drive more traffic, and convert it into buying customers, they look to adopt to the latest trends shaping the industry.
Here are a few potential ecommerce trends to watch for in 2021:
Shoppers are expected to continue to turn to online marketplaces for easier and more convenient shopping experiences that often include shopping for multiple types of products on a single site, next-day shipping, as well as free returns on most items. Understanding this trend, independent ecommerce sites must ensure they are better able to compete with established marketplaces.
People are increasingly relying on voice assistant devices like the Amazon Echo with Alexa and the Google Home with Google Assistant to do everything from waking them to buying products online. Voice-enabled tech is creating a new communications channel for retailers and customers, and it is estimated that almost 50% of Canadian households will have a smart hub by 2025(1).
As of now, most ecommerce businesses accept digital wallets such as Google Pay, Samsung or Apple Pay, and PayPal in addition to debit and credit cards. Cryptocurrencies, especially Bitcoin, are slated to be added to the growing list of payment options, as they are believed to have many benefits for online shop owners, such as low transaction fees and no reverse transactions.
It is expected that people will engage in various actions on social media, from seeking out inspiration from friends and brands, direct messaging friends for opinions, all while shopping and making purchases directly on those channels. Brands are realizing the opportunity they have in creating seamless ecommerce experiences directly within social channels.
It’s anticipated that television viewers will soon be able to click, find, and purchase an item they see while watching a television program. Shoppable TV could finally connect viewing and shopping into a seamless experience that benefits both shoppers and retailers in 2021.
Retailers must optimize their online channels based on the latest market trends to stay competitive, just as they do with brick-and-mortar stores(2).
Check out the upcoming virtual grocery and foodservice industry webinars and events.
April 16/17, 2021
2021 Strategic Leadership Series | Loblaw
April 21, 2021
DTL Quebec Forum
April 29, 2021
In Conversation with Sarah Joyce of Sobeys Inc.
April 30, 2021
In Conversation with Eric La Flèche, METRO Inc.
May 6, 2021
GSF West Retailer Connect
May 11/12, 2021
In Conversation with Tony Hurst of Lowe’s Canada
May 18, 2021
In Conversation with Darrell Jones of Save-On-Foods
May 27, 2021
As part of our commitment to improving our subscriber experience and delivering to industry needs, we are continually enhancing our solutions and tools.
Visit our Coming Enhancements Webpage regularly for details on recent and upcoming product updates and enhancements.
Feedback and input from our users, including the ongoing review of attributes and solution requirements, are key elements in ensuring solutions continue to deliver value to subscribers and meet industry needs.
Every GS1 Canada subscriber has an opportunity to represent industry interests through active participation in a community workgroup.
Visit gs1ca.org/work-with-industry for more information.