Home / Knowledge / News / Information Technology / GS1 US & VICS sign MoU to merge operations
GS1 US & VICS sign MoU to merge operations
11
Sep '12
GS1 US and the Voluntary Interindustry Commerce Solutions (VICS) Association, two leading supply-chain standards organizations serving multiple industry sectors, said they have signed a memorandum of understanding to merge their operations.

The merger is designed to streamline the standards adoption process for industry and give the not-for-profit organizations’ members access to standards for a broader range of supply-chain functions. The integration process is under way now and we expect to enter into a definitive agreement during Q4 of 2012.

“Combining the strengths of GS1 US and VICS will benefit industry by providing a single ‘clearinghouse’ for innovation and new ideas,” said Bob Carpenter, President and CEO of GS1 US. “This integration is being modeled after other successful industry initiatives at GS1 US.”

The joint GS1 US-VICS initiative will reside in the GS1 US Apparel and General Merchandise group, opening the door for cross-industry synergies, and providing expanded resources, technical expertise, and global reach.

“This is a logical next step in the growth of both organizations, especially considering the synergies between the member communities of VICS and GS1 US,” said Joe Andraski, President and CEO of VICS. “Our members will be well served by the global reach of the GS1 organization, particularly as they adopt EPC-enabled RFID. And existing VICS activities will be rolled into the new integrated structure, providing continuity.”

The merger will also provide a venue for industry thought leadership and change, as well as continued development, sponsorship, and functioning of various VICS workgroups and committees. These committees address such industry issues as floor-ready merchandise, logistics, product images, and the industry-driven VICS Item Level RFID Initiative (VILRI).

“This integration benefits retailers as we work to improve both the customer experience and our financial performance,” said Gary Maxwell, Senior Vice President, Global Business Process Team, Walmart Stores, Inc. “It will also translate to more direct access to the standards development process, an improved cost structure, and the technical expertise needed to support the responsible implementation and use of supply chain technologies, such as EPC-enabled RFID.”

“VICS focuses on what the industry wants, and GS1 focuses on how to get it done, said Cynthia DiPietrantonio, Chief Operations Officer, Jones Apparel Group, Inc. The GS1 US industry engagement model will help industry move forward together toward mass implementation of this transformational technology throughout the global supply chain – including new sectors and categories.”

Since its inception in 1986, VICS has operated as an independent entity, with the support and assistance of GS1 US. The VICS offices are located within the Lawrenceville, N.J. headquarters of GS1 US.


Must ReadView All

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

TEA urges Tamil Nadu govt to announce textile policy

The Tiruppur Exporters' Association (TEA) has urged the state...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X