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GDS Price Synchronization
Implementation Guideline
Explains the use and purpose of the Price Synchronization
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Release 2.0, Ratified, Dec 2015GDSN Price Synchronization Implementation GuidelineDocument
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How to fill out gdsn price synchronisation
How to fill out GDSN price synchronisation:
01
Start by gathering all the relevant information about the product that you need to synchronize the price for. This includes the product name, description, unit of measure, and any other necessary attributes.
02
Access the GDSN platform or the designated system provided by your data pool provider.
03
Log in to your account and navigate to the price synchronisation section.
04
Enter the product information in the designated fields. Make sure to accurately input the product name, description, and unit of measure to avoid any confusion or miscommunication.
05
Specify the pricing details, such as the currency, price, effective date, and any applicable taxes or discounts.
06
Verify the accuracy of the information entered and double-check for any errors or missing information.
07
Submit the price synchronisation request and wait for confirmation or any necessary feedback from the data pool provider.
Who needs GDSN price synchronisation?
01
Retailers and wholesalers who want to ensure accurate and up-to-date pricing information for their products.
02
Manufacturers or suppliers who want to efficiently share their pricing information with their customers.
03
E-commerce platforms or marketplaces that rely on real-time pricing data to provide a seamless shopping experience to their customers.
04
Regulatory bodies or industry associations that require standardized pricing information for compliance or reporting purposes.
05
Any organization involved in the supply chain process that values the benefits of streamlined and accurate price synchronisation.
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What is gdsn price synchronisation?
GDSN price synchronisation is the process of ensuring that product prices are accurately matched and updated across the supply chain using the Global Data Synchronization Network (GDSN).
Who is required to file gdsn price synchronisation?
Manufacturers, suppliers, retailers, and other trading partners involved in the supply chain are required to file GDSN price synchronisation.
How to fill out gdsn price synchronisation?
GDSN price synchronisation can be filled out by using GDSN-certified data pools or data synchronization platforms to update and synchronize pricing information.
What is the purpose of gdsn price synchronisation?
The purpose of GDSN price synchronisation is to ensure accurate and consistent pricing information throughout the supply chain, leading to improved efficiency and transparency in pricing.
What information must be reported on gdsn price synchronisation?
Information such as product identifiers, pricing details, effective dates, and any other relevant pricing information must be reported on GDSN price synchronisation.
When is the deadline to file gdsn price synchronisation in 2023?
The deadline to file GDSN price synchronisation in 2023 is typically set by each individual organization, but it is recommended to submit updates in a timely manner to avoid any disruptions in the supply chain.
What is the penalty for the late filing of gdsn price synchronisation?
Penalties for late filing of GDSN price synchronisation may vary depending on the specific agreements between trading partners, but it could result in delays in product availability, increased costs, or potential loss of business opportunities.
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