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| September 2006 - Vendor Compliance Optimization and Retail Continuous Improvement Update | |||
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 Ignorance Is Not
Bliss...
According to Stephen Covey, author of 7 Habits of Highly Effective People:
Poor judgement and uninformed assumptions result in market miscues, setbacks,
mediocre performance, politicized cultures, demoralized workers, and workforce
reductions. Gaining a
Competitive Retail Advantage with Accountability, Visibility, and
Predictability
A 2004 Soleus Group
survey of U.S. retailers revealed that only 87.5% of shipments arrive on time
and order fill rates equal a dismal 93.7%.
Vendor performance failures place additional burdens on the retailer’s internal supply chain, which may struggle to manage its own demanding operational requirements. It is tough to fix something that you don’t know is broken. Studies indicate that most retailers don’t capture the data necessary to know whether or not vendors are meeting on time and order fill rates standards. Gottschalks -
Plugged Supply Chain Leaks for Immediate Cost Reduction
Gottschalks, a
regional department store chain based in Fresno, California, rapidly boosted
its annual sales from $478 million to $710 million in just four years, but a
substantial percentage of the company’s profits were siphoned off by the
increasing cost of non-compliant vendors. Gottschalks needed a solution that
would reduce these costs and improve the flow of merchandise through its supply
chain operations.
Compliance Networks
releases highly-anticipated DVD about optimized merchandise flow with the
Retail Distribution Management Solution!
Retail and
manufacturing distribution needs are fundamentally different.
It just doesn't make sense for a retailer to buy a Warehouse Management System that is based on the needs of manufacturers. rDMS was built from the ground up to be Retail-Centric. Check out the rDMS DVD to learn why and how. |
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| Copyright (c) 2006 Compliance Networks. All rights reserved. 14090 SW Freeway Suite 300 Sugar Land TX 77478 | |||
