Analysis of 1.75 million retail DC appointments reveals $10 billion in excess inventory held to buffer against poor On-Time In-Full (OTIF) performance. It gets worse: Retailers are imposing fines on suppliers and carriers estimated to reach $5-10 billion/year. This report explains how to fix it and achieve:\n\n
Retailer Benefits:
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Reduced supply variability, reduced inventories, improved service levels to stores, and increased Retail DC efficiency
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Supplier Benefits:
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Minimized OTIF penalties paid to retailers, improved customer service at lower cost, better operational performance, and reduced operating costs
Nicole Gillo has rejoined EnsembleIQ as senior editor of CGT after spending several years helping a major retail corporation grow its e-commerce presence. She previously served as group managing editor for CGT and its sister publication, RIS. Gillo is a graduate of Monmouth University with a B.A. in English.
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Nicole Gillo has rejoined EnsembleIQ as senior editor of CGT after spending several years helping a major retail corporation grow its e-commerce presence. She previously served as group managing editor for CGT and its sister publication, RIS. Gillo is a graduate of Monmouth University with a B.A. in English.
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Nicole Gillo has rejoined EnsembleIQ as senior editor of CGT after spending several years helping a major retail corporation grow its e-commerce presence. She previously served as group managing editor for CGT and its sister publication, RIS. Gillo is a graduate of Monmouth University with a B.A. in English.
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A staggering $10 billion in excess inventory is held to buffer against poor On-Time In-Full (OTIF) performance. Learn how retailers and suppliers can fix this and dramatically improve service while lowering costs.
The appliance maker experienced 85% growth in engagement across Facebook, Twitter and Instagram in just one year after implementing AI-based management tools.