New Retail Pricing Standards Released

 
 
By Evan Schuman  |  Posted 2005-02-09 Email Print this article Print
 
 
 
 
 
 
 

The Association for Retail Technology Standards has introduced its latest XML schema for pricing data consistency.

As retailers prepare to migrate from bar codes to RFID, upgrade POS systems and accept wireless input from a wide range of new payment devices, its critical that they know that data points mean the exact same thing at all points on the supply chain. With that goal in mind, a key retail technology standards group this week unveiled a series of new schemas for retail pricing data consistency. The new IXRetail XML schemas from The Association for Retail Technology Standards, or ARTS, are intended to help retailers "use common methods and maintain consistent and accurate data for all systems that create, manage or consume item and price data within the retail enterprise," said a statement the group issued Tuesday.
Although all standards efforts can be complicated, politically sensitive and glacially paced, ARTS officials were especially vigilant in avoiding areas where other standards groups are focusing.
"When retailers and their software vendors asked ARTS to develop an Item and revised Price schema to complement POSlog, we proceeded carefully to avoid conflict or duplication with other standard groups working in the business-to-business space," said ARTS Executive Director Richard Mader. Another official involved in the standards sessions—Tim Hood, vice president of solution architecture for Triversity Inc.—said one of his key objectives was making sure the new standard was sufficiently comprehensive. To read more about the ARTS effort to standardize worker hour logs, click here.
"Item information is at the very heart of most retail systems, and a great deal of research was required to ensure the schema contained all necessary data," Hood said. Another complicating factor is the increasingly global nature of the typical large retail supply chain. Officials with ARTS and the Uniform Code Council Inc. worked together to ensure the Item schema incorporated worldwide standards, including UCCs basic identification numbers, the GTIN (Global Trade Item Number) and the GLN (Global Location Number). Use of the GTIN and GLN enables a retailers internal systems to communicate effectively with trading partners. "Through our cooperation, a retailer can use the ARTS Item schema for internal operations and generate records that can be used for data synchronization," said Al Garton, director of general merchandise/retail at the UCC. "This is a practical example of how standards groups can work together to enable a single implementation to serve multiple functions." To read about how Circuit City is trying to rewrite retail technology standard practices, click here. The Item Maintenance schema can be used to create, update or delete item information held within store systems such as point of sale, inventory management, layaway management and returns processing. Version 2 of the Price schema complements the Item Maintenance schema by adding the downloading of prices and price rules to Version 1 that was limited to Price Lookup capabilities. Price Version 2 supports special and promotional pricing based on basket, customer, time, location and other retailer established criteria. Participants include representatives from IBM, Datavantage, PCATS, Microsoft, Target, Soft Solutions, AccessVia, SofTechnics, El Corte Ingles, Blockbuster, Retek, Soft Solutions, Datavantage, and Clicks and Mortar Consulting. Retail Center Editor Evan Schuman can be reached at Evan_Schuman@ziffdavis.com. Check out eWEEK.coms for the latest news, views and analysis on technologys impact on retail.
 
 
 
 
Evan Schuman is the editor of CIOInsight.com's Retail industry center. He has covered retail technology issues since 1988 for Ziff-Davis, CMP Media, IDG, Penton, Lebhar-Friedman, VNU, BusinessWeek, Business 2.0 and United Press International, among others. He can be reached by e-mail at Evan.Schuman@ziffdavisenterprise.com.
 
 
 
 
 
 
 

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