GDSN Datapool for Healthcare Industry

GDSN Datapool for Healthcare Industry

Retailers are increasingly requiring suppliers to “synchronize” their product data through the Global Data Synchronization Network. In the past, suppliers have provided product information through a variety of inefficient communication channels and manual processes, including paper catalogues, retailer-specific forms, online portals, price sheets and standing offers. This is a significant management burden on suppliers as these manual processes often exist outside of computer systems, so it is difficult to keep information updated as changes occur over the product life cycle.

As a result, retailers were often faced with out of date and inaccurate product information in their stores and warehouses. Not having the information they need, when they need it, can directly correlate to lost sales for the retailer, and subsequently lost contracts for the supplier.

Global Data Synchronization Network to the rescue The Global Data Synchronization Network (GDSN) has been created to address exactly these challenges for suppliers and retailers. It provides a single standardized methodology to govern the exchange of product information between buyers and suppliers, for consistency in local markets and internationally. Whenever a supplier changes product data, it is automatically updated and sent to all buyers who subscribe that item through a chosen data pool.

Buyers and sellers can belong to any of 27 available worldwide Certified Data Pools, and this GDSN registration allows them to exchange updated product information automatically as changes happen. This is what is meant by synchronization.

Commport’s Datapool Solution provides businesses with a complete range of GDSN data pool options. In addition to the datapool itself, our experienced team will help determine the best solutions for your immediate business needs while laying a foundation for future growth.