New research reveals a solution for Australia’s productivity slump
Australia’s GDP could be boosted by up to $50 billion a year if supply chain data standards were improved, according to a new report.
A new research report from the Centre for International Economics and commissioned by GS1 Australia, the body responsible for the common retail barcode, reveals that industry use of supply chain data standards is quietly driving a significant share of Australia’s economic output, contributing up to $27.3 billion annually to Gross Domestic Product (GDP), and could play an increasingly important role in reversing the nation’s lagging productivity.… Continue reading
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