GS1 barcode provides the following benefits to a business:   a)	Quick and precise data tracking anytime anywhere. b)	Less stock-holding and less waste c)	Greater responsiveness to trade customers and consumers d)	The ability to automate warehousing e)	Better control over distribution and storage f)	Fewer errors in the recognition of goods g)	Improved company to company communications throughout the supply chain h)	One standard for use with all trading partners, therefore no conflicting demands.