The Consumer Goods Forum's (CGF's) 2022 annual report demonstrates tangible progress in addressing some of the global challenges facing the industry such as food waste, plastic pollution, deforestation
Presently, it is near impossible to accurately estimate the number of products traded across global markets, and even more so to understand how many of them have unique identifiers and find each product’s history and associated details. Data inconsistencies lead to costly workarounds and manual alternations. For businesses, this can be harmful to operations and complicate supply chains. And for consumers, this lack of clarity can lead to a reduced or total lack of trust.
For us as a wholesaler, consumer trust is everything and it has become increasingly relevant in recent years, a shift heightened even further by the global COVID-19 pandemic, with trends in society and digital media leading to an increased demand for transparency. To bridge those challenges, we have been working intensively on a series of global projects for the past two years with GS1 and other members of The Consumer Goods Forum behind the Product Data Coalition.
Stibo Systems Joins Consumer Goods Forum Stibo Systems, a global leader in multidomain Master Data Management (MDM) solutions, announces that it is joining the Consumer Goods Forum (CGF). CGF is the only organization that brings retailers, manufacturers and technology partners from around the world to collaborate to secure consumer trust by establishing better industry standards, improving manufacturer-retailer efficiency, and positively impacting global sustainability. We are excited about actively participating and partnering with the CGF and member organizations. Their vision of better lives through better business ties very closely to ours of better data for a better business for a better world, says Jesper Ejlersen, CEO of Stibo Systems.