PARIS, April 3 — The patch of irregular vertical lines that revolutionised checking out at the supermarket and facilitated the globalisation of retail is turning 50. But as the...
PARIS, April 3 — The patch of irregular vertical lines that revolutionised checking out at the supermarket and facilitated the globalisation of retail is turning 50.
It has become so integrated in the shopping experience that it is easy to forget how much the technology revolutionised retail by speeding up the checkout process and giving retailers the ability to trace products and better manage inventory. On April 3, 1973 the standard to identify products was agreed by a number of large retailers and food companies. It later became known as EAN-13, which stands for European Article Number and the number of digits in the barcode.
It provides companies with a unique “global trade item number” for each product, which is then translated into the barcode. Each firm must pay an annual fee based on their sales, up to nearly US$5,000 per year.But the humble barcode will soon give way to another standard developed by the organisation, said Renaud de Barbuat and Didier Veloso, the respective heads of GS1 Global and GS1 France.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Barcode turns 50 but its days might be numbered | The Malaysian InsightBarcode turns 50 but its days might be numbered
Read more »
Paris votes on whether to ban e-scooters for hirePARIS, April 2 — Voters in Paris are set to decide today on whether to banish electric scooters for rent from the streets of the French capital, which was a pioneer in adopting...
Read more »
US unveils stricter EV tax credit rules, effective April 18WASHINGTON, April 1 ― The US Treasury Department unveiled stricter electric vehicle tax rules yesterday that will reduce or remove tax credits on some zero-emission models but...
Read more »
Rape of minor: Guard to go on trial April 3Kota Kinabalu: A 61-year-old security guard charged with raping a minor, will go trial on April 3-4.
Read more »
8 'Delicious' April Fool's Pranks And Jokes By Local Brands - Hype MYBefore we go into the holy month of Ramadan, let's all have a good laugh by pranking each other on April Fool's Day. If you're not one to prank or be pranked
Read more »
The Best (And Worst) April Fools’ Jokes In Gaming For 2023Get pranked by Pokémon, Sonic the Hedgehog, and League of Legends
Read more »