Barcodes defined by GS1 standards are very common. GS1 introduced the barcode in 1974. A barcode encodes a product identification number that can be
scanned electronically, making it easier for products to be tracked, processed, and stored. Barcodes improve the efficiency, safety, speed and visibility of supply chains across physical and digital channels. They have a crucial role in the retail industry, including today's online marketplaces, moving beyond just faster checkout to improved inventory and delivery management, and the opportunity to sell online on a global scale. In the UK alone, the introduction of the barcode in the retail industry has resulted in savings of 10.5 billion pounds per year. Some of the barcodes that GS1 developed and manages are:
EAN/
UPC (used mainly on consumer goods), GS1
Data Matrix (used mainly on healthcare products),
GS1-128,
GS1 DataBar, and GS1 QR Code. Notably, GS1 barcodes can hold more than just a single numerical identifiers, as GS1 has defined a modular and arbitrarily combinable semantic encoding of defined data within GS1 barcodes through the publication of over 150 "Application Identifiers" (AI). These AIs allow encoding of details such as the
GTIN - AI:(01), the "Country of Origin" - AI:(422), and the "Expiration date" - AI:(17), amongst many other possibilities, including
URLs - AI:(8200). == Sunrise 2027 ==