Use multiparty control towers to accurately measure and optimize OTIF performance
Retailers are increasingly demanding that suppliers hit aggressive On-Time In-Full (OTIF) targets, like 98% OTIF at Walmart. Poor OTIF performance can quickly add up to millions of dollars a year in penalties (up to 3% COGS) and lost sales for suppliers.
One Network's CEO Greg Brady explains how to make this possible. A multiparty problem like OTIF requires a multiparty solution. A control tower on a multiparty network platform connects all partners to a real-time single version of the truth. It combines order and shipment information, and all OTIF-related transactions on a single platform. This gives you full visibility across trading partners from order to delivery. It can anticipate delivery delays, find solutions, and help all parties collaborate to fix problems quickly to ensure high OTIF performance at lowest cost.
In this webinar you'll learn:
Join us to learn how you can maximize OTIF and start seeing ROI immediately.
COO/EVP Product Management
One Network Enterprises
Mderator: David Maloney
CSCMP's Supply Chain Quarterly