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A History of Barcodes, and Looking Ahead - Multichannel Merchant

A History of Barcodes, and Looking Ahead Barcodes have been completing transactions and making inventory organization a breeze since the 1970s. A little over 50 years ago (March 31, 1971), leaders from the biggest names in commerce came together and transformed the global economy forever by developing the Global Trade Item Number (GTIN). This numerical code uniquely identifies every single product and is the core of the barcode, the most important supply chain standard in history. Today, the barcode is scanned over six billion times every day and remains one of the most trusted symbols in the world. History of The Barcode Before the barcode was introduced, managing inventory from label to self to checkout was time consuming and manual. Not only was this process inefficient, but there was also plenty of room for human error.

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