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Benchmarking The Perfect Order: A Comprehensive Analysis Of The Perfect Order In The Retail Industry

Source: Compliance Networks

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In today's competitive retail environment, the success of the retailer-supplier relationship is integral to improving margins for retailers. However, a recent study of the retail industry commissioned by the Retail Compliance Council reinforces what retailers have been saying for years – that suppliers are still not yet providing retailers with a reliable and consistent source of supply. David Schneider, Director of Engineering and Logistics for Pep Boys, notes: "Many vendors simply do not realize how much this poor performance is hurting retailers." This study – the first of it's kind to analyze real retail shipment data of critical quantities – shows just how far suppliers need to go to perfect a perfect order to retailers. Submitted by Compliance Networks