2D Barcodes Slash Warehouse Costs by Over 60%, GS1 Research Shows

A recent study by GS1 US has found that transitioning from traditional 1D barcodes to 2D barcodes can cut warehouse costs by over 60%. The research highlights that 2D barcodes address long-standing scanning inefficiencies, leading to measurable improvements in speed, accuracy, and operational cost savings. Gena Morgan, Vice President of Global Standards at GS1 US, noted that these efficiencies create a more reliable data foundation for better inventory management, traceability, and supply chain visibility. As the industry moves toward more connected, data-driven operations, 2D barcodes enable richer product transparency and unlock significant cost reductions. For businesses globally, this means that adopting 2D barcodes is not just a future trend but a present opportunity to enhance efficiency and reduce expenses. The findings underscore the importance of preparing for the GS1 Sunrise 2027 initiative, which will require 2D barcodes at point-of-sale. Companies that start transitioning now can gain a competitive edge by lowering operational costs and improving supply chain accuracy.