Collaborative Commerce enables retailers, suppliers, and distributors to share information with one another in a standard business language, benefiting all members of the supply chain. This initiative includes the processes, technologies, and supporting standards that allow continuous and automated communication of electronic information between trading partners.

In today’s global commerce environment, the need for accurate, standards-based information is critical for conducting business efficiently. By standardizing the way information is communicated, and by having all trading partners accessing the same information, the opportunity for errors decreases dramatically, costs are reduced, and supply chains operate more efficiently.

Collaborative Commerce is based on the GS1 System — a suite of integrated supply chain standards. The GS1 System is accepted worldwide, accommodating the needs of all trading partners within the global trade community. The standards allow for products, services, and raw materials to be sourced and sold anywhere in the world.