Sponsored By One Network
Start: 02/23/2021 01:00 PM End: 02/23/2021 02:00 PM EDT
Event Description
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.
- Retailers need to measure OTIF performance accurately and hold everyone accountable. They also want high on-shelf availability and consumer sell-through.
- Suppliers, Carriers, and Consumer Goods Companies need to minimize penalties and maximize service levels at least cost. They also need to prove compliance with accurate data and defend themselves with the facts when faced with potential penalties.
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:
- How OTIF optimization drives higher on-shelf availability, boosts ecommerce sales, and improves efficiency
- How to prove OTIF performance accurately for better partner relations – and do it in a highly cost-effective way
- How predictive/prescriptive analytics anticipate issues and help generate target outcomes
- How telematics and IoT with real-time KPI dashboards help optimize performance
- How to deploy an OTIF Control Tower and see ROI in months not years
Join us to learn how you can maximize OTIF and start seeing ROI immediately.
| Speakers | |
 CEO, Head of Research and Development One Network |  Editorial Director DC Velocity |
