GS1 Singapore Revenue

About GS1 Singapore

GS1 Singapore is a not-for-profit organisation established in 1987 to implement and administer the global multi-industry GS1 standards-based system of automatic identification (using barcodes, 2D codes, and RFID - radio frequency identification) and communication for products, services, assets, and locations. With our network of 116 GS1 member organisations (MOs) around the world today, over two million member companies in 155 countries use GS1 standards as part of their daily business communications. This represents ten billion scanning transactions a day. In Singapore, GS1 barcodes are used to capture over $5 billion worth of sales at retail point-of-sale (POS) terminals. GS1 identification numbers and barcodes permit organisations of any size to order, track, trace, deliver, and pay for goods across the supply chain, anywhere in the world. The GS1 System was developed by user companies under the leadership of GS1 Global Office (based in Brussels, Belgium). It is recognised by the International Standards Organisation (ISO), the European Standardisation Committee (CEN), and the American National Standards Institute (ANSI). GS1 Singapore has more than 3,000 member companies across multiple sectors and is working with organisations and public agencies to promote and drive adoption of standards, helping Singapore companies improve their competitiveness, operational efficiencies and supply chain management. GS1 standards leverage on technology tools such as Barcoding, RFID and EDI, etc. to facilitate interoperability and provide supply-chain structure to industries including Retail, Food and Beverage, Healthcare, Transport and Logistics, Technical Industries and Financial Services, locally and globally.

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