GTIN stands for Global Trade Item Number and it is a unique 14-digit identifier that is used to identify products, services, or other trade items. It is also known as EAN (European Article Number). GTINs are often used by retailers, manufacturers, and suppliers to manage inventory and track product sales across various channels.
GTINs are similar to Universal Product Code (UPC) barcodes in that they both provide access to detailed product information. However, GTINs are more comprehensive than UPC codes since they can be used to track multiple types of products from different brands and include additional descriptive information such as a product’s size, color, or shape. Additionally, GTINs are better suited for tracking data across global markets since they can be read more accurately by machines when compared to UPC codes.
In today’s digital world, GTINs have become an important tool for businesses that need precise visibility into the life cycle of their supply chain operations. By assigning a unique GTIN to each item in their inventory, companies can rapidly identify issues with products and make real-time decisions about where changes need to be made in order to ensure efficient workflow and ultimately increase customer satisfaction. Furthermore, using GTINs allows businesses to accurately monitor the performance of their supply chain partners while eliminating tedious manual processes that may lead to errors and delays in shipments or returns.
