The Future of Supply Chain Visibility: EPCIS 2.0 and CBV Explained

In today's complex global supply chains, maintaining visibility and traceability is more important than ever. Emerging technologies such as Electronic Product Code Information Services (EPCIS) 2.0 and Core Business Vocabulary (CBV) are poised to revolutionize supply chain visibility.

In this blog post, we will delve into the world of EPCIS 2.0 and CBV, explaining what they are and how they are set to shape the future of supply chain visibility.

Understanding EPCIS 2.0

EPCIS is a global standard for capturing and sharing data related to the movement and status of products in the supply chain. EPCIS 2.0 represents the latest version of this standard, offering enhanced capabilities and interoperability.

With EPCIS 2.0, companies can capture and share granular data about the lifecycle of products, including their movement, storage, and transformation. This level of detail enables stakeholders to gain real-time visibility into the status and location of products as they move through the supply chain.

Introducing Core Business Vocabulary (CBV)

CBV complements EPCIS by providing a standardized vocabulary for describing events and objects in the supply chain. By defining a common language for data exchange, CBV enables seamless communication and interoperability between different supply chain stakeholders and systems.

CBV allows for the consistent representation of key supply chain concepts, such as products, locations, and business processes. This standardization ensures that all participants in the supply chain can interpret and act upon data in a uniform manner, driving greater collaboration and efficiency.

The Impact on Supply Chain Visibility

The combination of EPCIS 2.0 and CBV promises to revolutionize supply chain visibility in several ways:

  1. Real-time Tracking: EPCIS 2.0 enables the capture of real-time data about product movement, allowing for precise tracking and monitoring throughout the supply chain.

  2. Interoperability: CBV standardizes the way supply chain data is described and shared, facilitating seamless communication between disparate systems and stakeholders.

  3. Improved Decision Making: Access to granular, real-time data empowers supply chain professionals to make informed decisions, optimize processes, and respond quickly to disruptions.

  4. Enhanced Trust and Transparency: By providing a standardized, auditable record of product movement, EPCIS 2.0 and CBV promote trust and transparency across the supply chain ecosystem.

Embracing the Future

As EPCIS 2.0 and CBV gain traction, supply chain stakeholders will need to adapt to the new paradigm of enhanced visibility and interoperability. Companies that embrace these standards will stand to benefit from greater efficiency, reduced risk, and improved customer satisfaction.

In conclusion, the future of supply chain visibility lies in the adoption of EPCIS 2.0 and CBV. By leveraging these standards, companies can unlock the full potential of real-time tracking, interoperability, and data-driven decision making, paving the way for a more transparent and efficient global supply chain.

Back to Blog