Gross Margin Return on Investment (GMROI)
As a retailer, do you know what’s eating up most of your money? You may immediately think in areas of overhead or shrink. But when it comes to available cash in assets, financial analysts...
READ MOREResources, articles, and podcasts that focus on the needs and interests of suppliers working with Walmart or aspiring to do so.
As a retailer, do you know what’s eating up most of your money? You may immediately think in areas of overhead or shrink. But when it comes to available cash in assets, financial analysts...
READ MOREDo you ever feel like the only person in a meeting who doesn’t know what any of the acronyms mean? It can be a nightmare when you first start supplying to Walmart! “Are we EDLP for...
READ MOREWhat Is Open to Buy? Open to Buy (OTB) is a financial planning tool something like a budget, but focusing specifically on inventory. OTB considers not only inventory on hand, but also merchandise in...
READ MOREOTC drugs are those sold “over-the-counter” the same as other products, as opposed to those that require a prescription. While OTC is one of the Walmart acronyms that is used widely...
READ MORERPC stands for Reusable Plastic Container. When you ship produce, the conventional options are wood or corrugated cardboard. Let’s follow these packages. Regular corrugated cardboard shipping...
READ MOREYour first mental association with the acronym IRC might be the International Rescue Committee or Internet Relay Chat – but if you’re a Walmart supplier, IRC means “Instant...
READ MOREHealth and Beauty Care (HBC) or Health and Beauty Aids (HBA) products are non-food CPGs associated with looking and feeling good. They include items like these: OTC (Over the Counter) medicines...
READ MOREA universal product code (UPC) is a type of bar code. The code includes 12 numerals, plus a “guard bar” at the beginning that specifies the system being used, a bar that identifies the...
READ MORE(Editor’s note: EDI is just one of the basics a supplier needs to grasp when working with Walmart. Have questions about this and other areas? Contact an 8th & Walton adviser before your...
READ MOREA Retail Link Users Group (RLUG) is a group of people who use Retail Link and support one another in using the program. In online RLUGs, like the one at LinkedIn, members ask and answer questions and...
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