Wal-Mart gets stricter with suppliers

Tightens delivery deadlines, adds new fines

Bentonville, Ark. – Wal-Mart Stores is zeroing in on inventory with a new program that keeps suppliers’ deliveries punctual.

Or else.

The new program, succinctly dubbed “On-Time, In-Full”, imposes new fines on suppliers if their product deliveries arrive one or more days late, one or more days early or not packaged properly.

In other words, suppliers must deliver their goods to Walmart stores as planned, and on time to avoid paying a penalty, according to a report today by Bloomberg.

Wal-Mart’s goal is to add $1 billion to revenue by offering its customers better availability of products, Bloomberg said based on a recent Wal-Mart presentation it obtained.

Also motivating this strategy is increasing pressure Wal-Mart is feeling from major competitors, namely Amazon.com, which recently announced its acquisition of Whole Foods.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

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HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!