Alkemics to Power productDNA:Hub – an Industry-Led Service to Help Retailers and Suppliers Share Product Data and Images
A group of leading UK grocery retailers and suppliers facilitated by GS1 UK, the product data standards organisation, has selected Alkemics to power productDNA:hub, the new service that helps retailers and suppliers to share and manage product data and images.
This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180122005133/en/
The Alkemics platform that will power productDNA:hub (Photo: Alkemics)
Alkemics is a French software platform that facilitates product data sharing between brands and retailers, allowing them to collect and enrich their product data.
After a selection phase that included the testing of 25 international solution providers, Alkemics was chosen by the group of leading UK retailers and suppliers to power the collection, standardisation, and sharing of product data among manufacturers, brands, and retailers in the UK. Starting in the spring of 2018, several leading British retailers and brands will use the Alkemics platform to speed up the standardisation and sharing of product data in the grocery retail industry.
GS1 UK put out a call for bids in early 2017 on behalf of the industry group and two finalists were chosen after several phases of testing. The finalists, including Alkemics – whose platform is already used by 90% of the grocery e-retail market in France – then conducted a proof of concept test with three retailers – Tesco, Sainsbury’s, and Ocado – and four suppliers – Unilever, P&G, Nestlé, and Itsu.
John Martin, Head of productDNA at GS1 UK: “We completed a thorough, structured evaluation of leading product data management solutions against the needs of our community including pilots for a number of shortlisted vendors. We were fortunate to have massive support from retailers and manufacturers in this process, and the decision to select Alkemics was widely supported. The group, facilitated by GS1 UK, selected Alkemics to power productDNA:hub because of their deep understanding of the industry’s needs and their innovative, intuitive and flexible technology. They put us in an excellent position to deliver a single industry-wide solution to accelerate the grocery industry’s digital transformation. Their solution, which is designed and built for the cloud, manages commercial, supply chain, eCommerce and image data together. It was a perfect fit for productDNA:hub.”
High-quality, digitised and standardised product data is increasingly important to both suppliers and retailers. Logistical and regulatory data, marketing content, and visuals can now be used in a variety of different contexts – from retail information systems and databases, to logistics management and e-commerce sites. The growing need for transparency among consumers and the increasing number of distribution channels have also helped make product data a key concern for the retail industry.
To tackle the problem, twelve manufacturers and retailers, representing 80% of the UK grocery retail sector, worked with GS1 UK to find a single industry solution for product data management.
Gary Lynch, CEO of GS1 UK said: “Product data management and the sharing of information between suppliers and retailers has always been a challenge for the retail industry – our research suggests the industry could save £200m by improving data quality and facilitate data sharing. productDNA:hub is the solution to that problem.”
The Alkemics platform will offer a dashboard, data quality monitoring tools, and brand-retailer activity tracking. All data collected is also structured and standardised.
The single omni-channel platform addresses both the needs of offline and e-commerce business and its flexible data models, which can be modified “on the fly”, allowing the technology to adapt to growing needs of the retail industry in line with the evolution of GS1 UK standards.
“Nowadays, professionals from all departments, from IT to marketing to sales, have to access and use product data. Each of them needs to be able to easily add, view, and share data in a single secure location” explained Antoine Durieux, founder and CEO of Alkemics.
“We've developed a user-friendly, intuitive platform to meet the needs of a variety of different professionals, as effectively as possible. While more than 5500 brands have started using our platform over the past two years in France, this collaboration with GS1 UK is an important milestone in our development, as it not only shows our technology’s adaptability and scalability, but also our competitiveness alongside global industry leaders. Our software has proven to be a versatile and future-focused solution that will accompany the retail industry through its digital transformation. We are very pleased to have been selected by the industry group and GS1 UK as the technology provider to productDNA:hub.”
– Ends –
Alkemics is the digital collaboration platform for retail. The cloud-based Saas solution helps retailers and brands digitize, collect and share product data in one single secured place. Alkemics facilitates collaboration and drive operational excellence with automated collection, correction and sharing of high quality product data (GS1 standard). After raising 20 million euros in a Series B funding round in September 2016, Alkemics has seen great success within the retail market in France over the past two years, with more than 5,500 brands and 90% of the grocery e-retailers joining the platform. Alkemics has launched several new retail industries in 2017(beauty and cosmetics, health, Out of Home…).
About GS1 UK
GS1 UK is a community of over 33,000 members working in retail, foodservice, healthcare and more. GS1 UK is one of 112 independent, not-for-profit GS1 organisations operating across 150 countries worldwide. GS1 UK helps everyone involved in making, moving and trading goods, automate and standardise their supply chain processes using the common language of GS1 global standards.
Florence Calba / Pierre Gatey
0660242861 / 0607338945
Om Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
Mavenir Wins 5G Asia “Best RAN Product” Award24.9.2018 13:00 | Pressemelding
Mavenir, focused on transforming mobile network economics for Communications Service Providers (CSPs), is proud to be awarded 5G Asia’s 2018 ‘Best RAN Product’ award for its innovative, flexible Cloud RAN solution. Mavenir’s Cloud RAN can save operators 37% in total cost of ownership (TCO) over a five-year period due to a 49% reduction in capex and a 31% annual reduction in opex1. The TechXLR8 5G Asia Awards were announced on September 19th in Singapore and celebrate excellence in the APAC’s technology and telecommunications community with the goal of showcasing the year’s greatest industry achievements. Mavenir’s Cloud RAN extends virtualization of the network to the edge and provides strategic differentiation by enabling the remote radio units (RRUs) to interwork with the virtualized cloud base band unit (vBBU) over ethernet fronthaul (FH) to the xRAN specification published early this year. Combined with network slicing support and flexibility for the vBBU to be co-located with the
ARTMS’ QUANTM Irradiation System™ to Be Featured at Two International Conferences in September24.9.2018 13:00 | Pressemelding
ARTMS Products, Inc. announced today that it has been invited to present at the National Nuclear Security Administration’s 2018 Mo-99 Topical Meeting on Tuesday, September 25th and the Third International Symposium on Technetium and other Radiometals in Chemistry and Medicine on Thursday, September 27th. Joel Kumlin will present at the 2018 Mo-99 Topical Meeting in Knoxville, TN, during Session 7, Production Projects and Technologies II, at 13:00EDT on September 25th. Mr. Kumlin will be discussing progress on implementation of the ARTMS QUANTM Irradiation System™ for producing technetium-99m. The QIS™ combines local production control and a cost-effective, easy-to-use solid target system for the production of Tc-99m on most cyclotron systems. ARTMS recently announced that the QIS™ received CE mark approval and has been installed in a number of countries throughout the world. ARTMS also announced that Dr. Paul Schaffer, CTO, has been invited to present at the Third International Symposi
Gilead Subsidiary to Launch Authorized Generics of Epclusa® (Sofosbuvir/Velpatasvir) and Harvoni® (Ledipasvir/Sofosbuvir) for the Treatment of Chronic Hepatitis C24.9.2018 12:30 | Pressemelding
Gilead Sciences, Inc. (NASDAQ: GILD) announced today plans to launch authorized generic versions of Epclusa® (sofosbuvir 400mg/velpatasvir 100mg) and Harvoni® (ledipasvir 90mg/sofosbuvir 400mg), Gilead’s leading treatments for chronic hepatitis C virus (HCV), in the United States, through a newly created subsidiary, Asegua Therapeutics LLC. The authorized generics will launch at a list price of $24,000 for the most common course of therapy and will be available in January 2019. Since the launch of Gilead’s first HCV medication in 2013, the average price paid for each bottle of medicine in the United States has decreased by more than 60 percent off of the public list prices, across health insurers and government payers. Due to the complexity and structure of the U.S. healthcare system, however, these discounts provided by Gilead may not always translate into lower costs for patients. Further, existing contracts, together with laws associated with government pricing policies, make it cha
GSMA To Showcase Mobile’s Increasing Impact on Sustainable Development During UN General Assembly Week24.9.2018 12:00 | Pressemelding
The GSMA will represent the global mobile industry at the 73rd session of the UN General Assembly (UNGA) being held in New York this week, advancing the leading role the sector is playing in meeting the UN Sustainable Development Goals (SDGs). Over the coming week, the GSMA will be participating in a wide range of activities with several high-profile partners and providing a critical platform for dialogue between mobile industry leaders, heads of state, global leaders and governments to further accelerate mobile’s contribution to the SDGs. “The GSMA will be in UNGA for the third year running to demonstrate how the global mobile industry is strengthening its commitment to improving lives around the world, as we enter a critical period in the delivery of the UN’s ambitious 2030 Agenda,” said Mats Granryd, Director General of the GSMA. “As the leading forum for international political cooperation, UNGA give us a unique opportunity to showcase how mobile’s unprecedented global scale is con
BolySolar Announcing Launch of BolySolar Tree24.9.2018 11:00 | Pressemelding
Bolymedia Holdings Co. Ltd., a global high-tech company headquartered in Silicon Valley, is pleased to announce its fifth patented renewable energy product – BolySolar Tree - at the Anaheim, California SPI to be held on September 24-27, 2018. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180924005050/en/ BolySolar Tree (Graphic: Business Wire) BolySolar is a complete set of solar technologies and products that will revolutionize the entire energy industry. At SPI this month, the company will be showcasing its fifth product from its growing line of solar technologies - the BolySolar Tree. The diagram shows the basic design of the BolySolar Tree. The basic idea of the BolySolar Tree is to allow double-sided solar energy utilization with the help of mirrors, thereby reducing solar energy system costs and generating electricity for a longer duration. Compared to the conventional fixed-mount PV panel systems or tracker-mounted P
The 9th Edition of Tour of China 2018 Comes to an End24.9.2018 10:45 | Pressemelding
The sixteen-day Tour of China 2018 is concluded in Anshun, Guizhou Province on 23rd September, as the 13th stage witnesses the victory of Jakub Mareczko from Wilier Triestina – Selle Italia. The last stage in Anshun is a circuit race of 127.8 kilometers with two sprints and one KOM of Category 4. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180924005421/en/ The riders are crossing the finishing line. (Photo: Business Wire) The stage remained exciting and unpredictable due to little difference between riders’ results after the 12th stage. No rabbit group was formed even after 40 kilometers, though riders had never stopped breaking out from the peleton since race started. As the peleton kept its pace, Luke Mudgway from H&R Block Pro Cycling Team led the rabbit group of four who worked together quite well, with the gap of 1 minute 50 seconds. The gap narrowed, however, as the peleton started to chase with 30 kilometers to go,