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GS1(MAURITIUS) Ltd and SME Mauritius Ltd signed an MoU to provide financial assistance to MSMEs to adopt GS1 Barcodes

Event
26 March 2018

GS1(MAURITIUS) Ltd and SME Mauritius Ltd signed an Memorandum of Understanding on 26 March 2018 to enable micro, small and medium enterprises (MSMEs) to adopt GS1 Barcodes.

The aim of this MoU is to provide MSMEs assistance to upgrade their products and facilitate access to new markets with the adoption of GS1 Barcodes.

In his speech, Mr. Cedric Lagesse, Chairperson of GS1(MAURITIUS) Ltd stated that ‘’by acquiring GS1 Barcodes, MSMEs will also reap numerous benefits.  With GS1 Barcodes, MSMEs will gain efficiency whilst enjoying lower costs through inventory management.  Since they are internationally recognised standards, GS1 barcodes also enable exporting without any modifications in the barcodes.  GS1 Barcodes and standards not only enable implementing product traceability solutions, but their uniqueness further enable the detection of counterfeited products.  These contribute tremendously to gaining consumer confidence.

By adopting GS1 Barcodes and standards, MSMEs will further gain international visibility through GS1 GEPIR and GS1 Cloud. GS1 GEPIR (Global Electronic Party Information Registry) is a unique, internet-based service that gives anyone access to basic contact information for companies that are members of GS1 whilst GS1 Cloud is the largest source of trusted product information in the world.’’

Recognising the need to enable MSMEs to acquire GS1 Barcodes; under this scheme, SME Mauritius Ltd will finance 100% of the Registration fees and Training Fees for eligible MSMEs.  

With the signature of this MoU, both organisations are confident that MSMEs will largely benefit since the collaboration goes beyond acquiring GS1 Barcodes to access markets easier.  GS1(MAURITIUS) LTD is also committed to provide training to ensure that the MSMEs implement their barcodes correctly to avoid any possible retailer rejection of their products.  Furthermore, the collaboration includes access to technical support, a database to manage their barcodes and free technical documents.  MSMEs will also get a Membership Certificate, the proof that they are the unique authorised licensee of the GS1 Barcodes.

On this occasion, 8 MSMEs receive their letter of award.

For more information on the scheme, please consult SME Mauritius Ltd website, under ‘Access to market – Barcode Registration

Legend (from left to right): Hon. Soomilduth Bholah, Minister of Business, Enterprise and Cooperatives; Mr. Raj Puddoo, Chief Executive Officer of SME Mauritius Ltd and Mr. Cedric Lagesse, Chairperson of GS1(MAURITIUS) LTD

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