;
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

Global yarn production up in Q2/18; fabric dips slightly

Textiles | On 10th Dec 2018

Global yarn production up in Q2/18; fabric dips slightly

Global yarn production increased by 5 per cent between Q1/18 and...

Courtesy: Intertextile shanghai hometextiles

Textiles | On 10th Dec 2018

Intertextile Shanghai Home expects 200 suppliers

Around 200 suppliers from China and other countries will display...

Courtesy: Rakez

Textiles | On 10th Dec 2018

Over 50 Indian firms eyeing operations in UAE's RAKEZ

Over 50 Indian firms are interested in expanding operations in Ras Al ...

Interviews View All

Jim Desai, Blaiva Fabricaa

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Awen Delaval, Samatoa

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Headhonchos, Textiles & allied industry

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Ramez Basmaji,

Ramez Basmaji

Fabusse is a Lebanon-based fashion agency that offers a variety of...

Akshat Chaudhary,

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Shivani Swamy,

Shivani Swamy

The Livinguard Technology is owned by Green Impact Holding AG based in...

Justin Chan & Shyam Gollakota, University of Washington

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

Robert Erichsen, Statex Produktions & Vertriebs GmbH

Robert Erichsen
Statex Produktions & Vertriebs GmbH

Statex Produktions & Vertriebs Gmbh, founded in 1978 and headquartered ...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

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

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

Leave your Comments


December 2018

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

news category


Related Categories:

Advanced Search