Walmart has set new , stricter OTIF standards along with penalties for non-compliance:
“Most suppliers right now are meeting around a 70 percent rate of OTIF shipments, and Walmart’s announcement gives them little time to adjust, with the Talk Business & Politics report saying the announcement sent ‘shockwaves’ through the supplier community. Smaller companies using less-than-truckload shipments could be especially disadvantaged.“
P.S. You don’t have to navigate these changes alone. 8th & Walton has the expertise necessary to keep your supplier business in compliance with Walmart’s new standards. Get in touch with us today to schedule an appointment.