Global E-Commerce Standards
1/14/2008
Over the last decade, there has been a major push in the consumer goods (CG) industry to adopt global technology standards, primarily around the use and exchange of data. The primary purpose is to enable e-commerce, or machine to machine interaction, that reduces human error caused by manual intervention and increases the speed and efficiency of business transactions. Most of these initiatives involve the supply chain, and have been at the core of many supply chain improvements, particularly those involving collaboration.