Freight Data Standards
A key barrier to improved use of data in the freight system is the inability to properly compare and aggregate data sources due to unstandardised data. Our Freight Data Standards project is working to overcome this issue and facilitate better data exchange to improve decision making and improve productivity.
Our data projects, including the Freight Data Exchange and National Location Registry, are already working on developing and implementing data standards for specific areas of freight data. The Freight Data Standards project will provide a coordinated approach to link this work together. The Freight Data Requirements study and the National Freight and Supply Chain Strategy have also highlighted the need for a national approach to data consistency across jurisdictions and along supply chains.
Case Study
Implementation of ISO certified GS1 global data standards
Logistics service providers play a significant role in today’s supply chains in all industry sectors, by managing the internal and external flows of goods. Efficient and resilient supply chains are essential for retailers, hospitals, pharmacies, the armed forces and manufacturers.
In many of these relationships, trading partners are faced with different business scenarios and data interchanges, especially when they move into more advanced interactions with logistics service providers. There is a need for common understanding of business processes, common communication and identification solutions, to overcome barriers of interoperability and scalability.
These solutions will lead to more transparency of operations and visibility of the flow of goods and ultimately remove redundant excessive cost from the supply chain. The foundation for a solution is a framework of common business processes supported by exchange of related information.
GS1 global data standards provide the freight sector with a digital framework to take the industry into the future through globally unique identification of freight units, which enable:
- Enhanced visibility through a single identifier for tracking a freight unit as it moves along the supply chain.
- Efficiencies by eliminating the need to re-identify and re-label freight at each point in the chain.
- Streamlined data exchange between supply chain partners.
- Globally unique identification of transport assets, companies and locations along the supply chain – essential for freight visibility.
- Greater efficiency through automation of operational processes.
- Interoperability across a fragmented industry through utilization of a common language of ISO certified global data standards.
- Enhanced visibility for improved customer experience and levels of service.
- Improved flow of information to reduce operational costs for all parties.
Case Study
Cross Border Projects
Cross border trading is as challenging as ever, especially for companies selling products that are faced with high levels of scrutiny by customs authorities. A one-day delay at the border is equivalent to a one per cent loss in export value and reduces trade competitiveness.
APEC trading partners are modernising trade systems and addressing issues that cause delays and costs at the border. The most common control and enforcement issues stem from lack of quality data, inconsistent product labelling and declarations, non-structured data formats, and missing information.
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