Physical Event Data Sharing
Physical Event Data is the information generated by an item as it moves through the supply chain. It includes the what, where, when and status of an object each time the item's RFID tag is read. Physical Event Data Sharing is facilitated by the Electronic Product Code Information Services (EPCIS).
Companies that handle physical goods, such as providers, can beneﬁt from Electronic Product Code Information Services (EPCIS) by cost-effectively sharing information with ﬁner granularity of detail for better visibility and efﬁciency. EPCIS provides capabilities to improve efﬁciency, security and visibility in the global supply chain.
Physical event data creates visibility across the supply chain for all trading partners with whom the data is shared. To share product information, companies previously had to manually record all movements throughout the supply chain. With the dawn of computers and ever advancing technology, massive amounts of information is now shared automatically. Over the past forty years, we have moved from computer-to-computer data exchange to EDI to global data synchronisation. Now in this new era of "big data" and cloud computing, data sharing is evolving to meet the demands of omni-channel commerce and data hungry consumers.