Company News • 26.10.2017

Walmart: new service On Time and In Full

Walmart instituted a new On Time and In Full (OTIF) metric to measure vendors' supply chain performance

Hand holing a tablet with order picking times
RSi's new OTIF Visibility gives manufactures at Walmart the ability to identify patterns within their supply chain and limit their potential financial exposure.
Source: RSi

RSi (Retail Solutions, Inc.) have developed a new standalone "OTIF Visibility" service product to accommodate customers' needs and support other CPG companies at Walmart with On Time and In Full (OTIF). By providing accurate visibility of potential gaps in the supply chain RSi aims to help vendors at Walmart be able to deliver orders in full and on the delivery date with few exceptions.

"RSi is continuously looking for innovative ways to help our customers succeed in the marketplace," remarked RSi CEO, Bert Clement.  Clement continued, "OTIF Visibility gives our customers the ability to identify patterns within their supply chain and limit their financial exposure. For a customer with a 6% improvement on their OTIF score, they could reduce fines by 10%." 

Walmart instituted a new On Time and In Full (OTIF) metric to measure vendors' supply chain performance. OTIF is the percentage of total cases received within the delivery window versus total cases order. Achieving high OTIF scores enable suppliers to maintain on-shelf availability through improved flow of merchandise from their fulfillment centers to the shelf, allowing store associates to spend more time serving customers rather than managing inventory in the backroom.

"We are eager to help Walmart vendors successfully address this challenge with a forward thinking solution," added Brad Pope, General Manager Walmart and Vice President Analytics and Reporting for RSi. "With RSi OTIF Visibility, our customers will be able to use historical trends to understand where their OTIF scores could be in 4 weeks and thus take action accordingly."

RSi's OTIF Visibility is an automated solution, providing ongoing historical data with the ability to aggregate it across time. OTIF Visibility's built-in dashboards allow end users to identify patterns and drill down to DCs, POs and associated items for quick recognition and prioritization of problem areas. These insights help vendors to determine potential root causes quickly, and spend more time proactively improving their OTIF scores through supply chain optimization.

Advertisement
Source: RSi, Retail Solutions

related articles:

popular articles:

Thumbnail: Photo: In-store tracking: customer buying behavior analysis ever more precise...

Report • 29.06.2017

In-store tracking: customer buying behavior analysis ever more precise

… but keep it anonymous and compliant with data protection legislation

Thumbnail: Photo: Overstock.com announces adoption of all the major cryptocurrency payments...

News • 17.08.2017

Overstock.com announces adoption of all the major cryptocurrency payments

First major retailer to accept bitcoin continues to lead the way in adoption of cryptocurrency payments

Thumbnail: Photo: From transport to information carrier: intelligent packaging in retail...

Interview • 03.07.2017

From transport to information carrier: intelligent packaging in retail logistics

“The biggest challenge in packaging is its integration into the supply chain”

Thumbnail: Photo: Instant payment solutions offer great potential...

Specialist article • 16.06.2017

Instant payment solutions offer great potential

For customers, making payments is becoming as easy as sending an email

Thumbnail: Photo: Knauber Freizeitmärkte emphasize digital signage for improved quality...

Report • 23.08.2017

Knauber Freizeitmärkte emphasize digital signage for improved quality of consulting

“We want to use the digital world to optimally serve our customers“

Thumbnail: Photo: Toshiba lifts customer experience & sales for Brookstone...

Company News • 04.07.2017

Toshiba lifts customer experience & sales for Brookstone

Dynamic content related to the products creates new shopping experience

Thumbnail: Photo: The retail industry needs digital experts

Recruiting • 27.07.2017

The retail industry needs digital experts

Companies compete for candidates and vice versa

Thumbnail: Photo: The right touch when it comes to price changes...

Electronic Shelf Labels • 12.06.2017

The right touch when it comes to price changes

Who is afraid of ESL?

Thumbnail: Photo: Enhancing customer experiences: Tango Point of Sale terminals...

Company News • 14.09.2017

Enhancing customer experiences: Tango Point of Sale terminals

DataVan’s stunning Tango POS terminal recently awarded the Computex design & innovation award

Thumbnail: Photo: Star Micronics introduces the SM-L300

Company News • 07.08.2017

Star Micronics introduces the SM-L300

The most well-connected mobile receipt and label printer available today

Supplier

DataVan International Corporation
DataVan International Corporation
10F., No.186 Jian 1st Rd.
Jhonghe Dist., New Taipei City 235
Axis Communications GmbH
Axis Communications GmbH
Adalperostraße 86
85737 Ismaning
CCV Deutschland GmbH
CCV Deutschland GmbH
Gewerbering 1
84072 Au i.d.Hallertau
APG Cash Drawer
APG Cash Drawer
5250 Industrial Blvd NE
55421 Minneapolis
Delfi Technologies GmbH
Delfi Technologies GmbH
Landgraben 75
24232 Schönkirchen
StrongPoint
StrongPoint
Schießstrasse 35
40549 Düsseldorf
Xovis AG
Xovis AG
Industriestrasse 1
3052 Zollikofen

QUAD GmbH
QUAD GmbH
Windmüllerstraße 30
59557 Lippstadt
Permaplay Media Solutions GmbH
Permaplay Media Solutions GmbH
Aschmattstr. 8
76532 Baden-Baden