Latest / Omni Talk Retail / Mind the Gap: Bridging the Divide Between Supply Chain & Merchandising | Ask An Expert
Transcript
- 0:08Hello.
- 0:08Welcome
- 0:08to
- 0:09another
- 0:09exciting
- 0:09and
- 0:10elucidating
- 0:10episode
- 0:11of
- 0:11the
- 0:11omnietalk
- 0:12Ask
- 0:12an
- 0:12Expert
- 0:13series.
- 0:13I'm
- 0:13one
- 0:13of
- 0:13your
- 0:14co
- 0:14hosts
- 0:14for
- 0:14today's
- 0:15interview,
- 0:15Anne
- 0:15Mazinga.
- 0:16And
- 0:16I'm
- 0:17Chris
- 0:17Walton.
- 0:18And
- 0:18we
- 0:18are
- 0:18the
- 0:18founders
- 0:19of
- 0:19OmniTalk,
- 0:19the
- 0:20fast
- 0:20growing
- 0:20retail
- 0:21media
- 0:21organization
- 0:21that's
- 0:22all
- 0:22about
- 0:22the
- 0:22companies,
- 0:22the
- 0:23technologies
- 0:23and
- 0:23the
- 0:24people
- 0:24that
- 0:24are
- 0:24coming
- 0:25together
- 0:25to
- 0:26shape
- 0:26the
- 0:26future
- 0:27of
- 0:27retail.
- 0:28Chris,
- 0:29I'm
- 0:29giving
- 0:30you
- 0:30a
- 0:30little
- 0:30bit
- 0:30of
- 0:31a
- 0:31gift.
- 0:32We'll
- 0:32call
- 0:32it
- 0:32an
- 0:32early
- 0:33Christmas
- 0:33gift
- 0:33with
- 0:33this
- 0:34LinkedIn
- 0:34Live.
- 0:34Oh,
- 0:35really,
- 0:35Ann?
- 0:35I
- 0:36am,
- 0:36yes.
- 0:37Because
- 0:37I'm
- 0:37going
- 0:38to
- 0:38bridge
- 0:38two
- 0:39loves
- 0:39of
- 0:39yours.
- 0:40One
- 0:41London.
- 0:42London.
- 0:43Two
- 0:44is
- 0:45merchandising.
- 0:46And
- 0:46just
- 0:46a
- 0:47little,
- 0:47a
- 0:47little
- 0:47sprinkle,
- 0:48if
- 0:49you
- 0:49will,
- 0:49of
- 0:49supply
- 0:50chain.
- 0:50Because,
- 0:51Chris.
- 0:51So
- 0:51it's
- 0:52a
- 0:52threesome
- 0:52ad.
- 0:52You're
- 0:52giving
- 0:53me
- 0:53a.
- 0:53It's
- 0:54threesome.
- 0:54It's
- 0:54a
- 0:54trio
- 0:55sprinkle.
- 0:55It's
- 0:56a
- 0:56trio
- 0:56of
- 0:56sprinkle.
- 0:57Yes.
- 0:57A
- 0:58sprinkle
- 0:58of
- 0:58supply
- 0:59chain.
- 1:00This
- 1:00session,
- 1:01Chris,
- 1:01is
- 1:01called
- 1:02Mind
- 1:03the
- 1:03Gap.
- 1:04And
- 1:04I'm
- 1:04almost
- 1:05like
- 1:05I'm
- 1:05expecting
- 1:06you
- 1:06at
- 1:06some
- 1:06point
- 1:06in
- 1:07time
- 1:07to
- 1:07do
- 1:07your,
- 1:07like,
- 1:08British
- 1:08version
- 1:08of
- 1:09the
- 1:09tube
- 1:09station.
- 1:09Mind
- 1:09the
- 1:10gap.
- 1:10Mind
- 1:10the
- 1:11Gap.
- 1:11Yeah.
- 1:12I
- 1:13don't
- 1:13know
- 1:13what
- 1:13that
- 1:13was,
- 1:14but
- 1:14close
- 1:15enough.
- 1:16But
- 1:16we're
- 1:16going
- 1:16to
- 1:16talk
- 1:16about
- 1:17just
- 1:17how
- 1:17important
- 1:18it
- 1:18is
- 1:18for
- 1:19retailers
- 1:19to
- 1:19make
- 1:20sure
- 1:20that
- 1:21those
- 1:21two
- 1:22sometimes
- 1:22siloed
- 1:23groups
- 1:23of
- 1:23retail
- 1:24organization
- 1:25are
- 1:25collaborating.
- 1:27So
- 1:27to
- 1:27do
- 1:28this,
- 1:28we've
- 1:28called
- 1:28on
- 1:28two
- 1:29experts.
- 1:29Chris,
- 1:29we're
- 1:29bringing
- 1:30back
- 1:30SPS
- 1:31Commerce's
- 1:31VP
- 1:31of
- 1:32Customer
- 1:32success,
- 1:32Brandon
- 1:33Pierre.
- 1:34We
- 1:34are
- 1:34joined
- 1:35by
- 1:35their
- 1:36new
- 1:36Senior
- 1:36Director
- 1:36of
- 1:37Customer
- 1:37Success
- 1:37for
- 1:38retail,
- 1:38Mayan
- 1:38Kaplan,
- 1:39who
- 1:39are
- 1:40going
- 1:40to
- 1:40help
- 1:40our
- 1:40audience
- 1:40figure
- 1:41out
- 1:41how
- 1:41to
- 1:41get
- 1:41your
- 1:42supply
- 1:42chain
- 1:43teams
- 1:43and
- 1:43your
- 1:43merchandising
- 1:44teams
- 1:44working
- 1:44on
- 1:45the
- 1:45shame.
- 1:45Same
- 1:46sheet
- 1:46of
- 1:46music.
- 1:46So,
- 1:47Brandon
- 1:48and
- 1:48Mayan,
- 1:49welcome
- 1:49to
- 1:50the
- 1:50show.
- 1:50Brandon,
- 1:52this
- 1:52is
- 1:52old
- 1:52hat
- 1:53for
- 1:53you.
- 1:53You've
- 1:53done
- 1:53this
- 1:54how
- 1:54many
- 1:54times
- 1:54now?
- 1:55It's
- 1:56been
- 1:56a
- 1:56couple
- 1:56of
- 1:56times,
- 1:57but
- 1:57I'm
- 1:58super
- 1:58excited.
- 1:58I
- 1:59always
- 1:59enjoy
- 1:59the
- 1:59conversation.
- 2:01And
- 2:01thanks
- 2:02for
- 2:02having
- 2:02us.
- 2:03And
- 2:04a
- 2:04topic
- 2:05that
- 2:05I'm
- 2:05very,
- 2:05very
- 2:06passionate
- 2:06about.
- 2:07Is
- 2:08it
- 2:08London
- 2:09or
- 2:10the
- 2:10siloed
- 2:11merchandising?
- 2:11Supply
- 2:12chain
- 2:12teams
- 2:12coming
- 2:12together.
- 2:13Great
- 2:14question.
- 2:14I
- 2:14would
- 2:14say
- 2:14it's
- 2:14more
- 2:15the
- 2:15merchandising
- 2:16and
- 2:16now
- 2:16supply
- 2:17chain
- 2:18side
- 2:18of
- 2:18the
- 2:18world
- 2:18for
- 2:18me.
- 2:19Fair.
- 2:20Fair.
- 2:20Well,
- 2:21speaking
- 2:21of
- 2:21supply
- 2:22chain,
- 2:22Mayan,
- 2:23welcome
- 2:23to
- 2:24your
- 2:24first
- 2:25omnitalk
- 2:25debut.
- 2:26We're
- 2:26so
- 2:26excited
- 2:26to
- 2:26have
- 2:27you.
- 2:27Thank
- 2:28you
- 2:28so
- 2:28much
- 2:28for
- 2:28having
- 2:29me.
- 2:29I'm
- 2:29really
- 2:29excited.
- 2:30This
- 2:30topic
- 2:31is
- 2:31really
- 2:31important
- 2:31to
- 2:32me
- 2:32too.
- 2:33And
- 2:33again,
- 2:33talking
- 2:34more
- 2:34on
- 2:34the
- 2:35breaking
- 2:36the
- 2:36silos
- 2:36between
- 2:37merchandise
- 2:38and
- 2:38Supply
- 2:38chain.
- 2:40Excellent.
- 2:41It's
- 2:41great
- 2:41to
- 2:41have
- 2:41you
- 2:42both,
- 2:42Brent.
- 2:42Yeah,
- 2:42Brent,
- 2:43I
- 2:43think
- 2:43this
- 2:43is
- 2:43your
- 2:43third
- 2:44or
- 2:44at
- 2:44least
- 2:44your
- 2:44third
- 2:44time,
- 2:45maybe
- 2:45even
- 2:45your
- 2:45fourth
- 2:46time
- 2:46appearing
- 2:46on
- 2:47Omnitox.
- 2:48So.
- 2:48Yeah.
- 2:49So
- 2:49we're
- 2:49excited
- 2:49to
- 2:50have
- 2:50you
- 2:50back
- 2:50and
- 2:50mine,
- 2:50it's
- 2:51great
- 2:51to
- 2:51have
- 2:51you
- 2:51here
- 2:51with
- 2:51us
- 2:51for
- 2:51the
- 2:52first
- 2:52time.
- 2:52So
- 2:52before
- 2:53we
- 2:53mine
- 2:54the
- 2:54gap,
- 2:55we
- 2:56want
- 2:56to
- 2:56give
- 2:56a
- 2:56quick
- 2:56reminder
- 2:57to
- 2:57those
- 2:58watching
- 2:58live
- 2:58on
- 2:58LinkedIn.
- 2:59Feel
- 3:00free
- 3:00to
- 3:00ask
- 3:00your
- 3:00questions
- 3:01of
- 3:01Brandon
- 3:01and
- 3:01Mayan
- 3:02at
- 3:02any
- 3:02time
- 3:03via
- 3:03the
- 3:03chat
- 3:03session
- 3:04window
- 3:04in
- 3:04LinkedIn
- 3:05to
- 3:05the
- 3:05right
- 3:06of
- 3:06your
- 3:06screen.
- 3:07All
- 3:07right,
- 3:07you
- 3:07two,
- 3:08you're
- 3:08on
- 3:08omnitalk.
- 3:09So
- 3:10let
- 3:10me
- 3:10start
- 3:10out
- 3:11by
- 3:11saying
- 3:11there
- 3:11are
- 3:12no
- 3:12holds
- 3:12barred
- 3:13when
- 3:13you
- 3:13appear
- 3:13on
- 3:13Omnitalk.
- 3:14Mayan,
- 3:15you're
- 3:15going
- 3:15to
- 3:16be
- 3:16representing
- 3:16the
- 3:17supply
- 3:17chain
- 3:18side
- 3:18of
- 3:18a
- 3:18retail
- 3:19organization.
- 3:19And
- 3:19Brandon,
- 3:20you
- 3:21will
- 3:21be
- 3:21representing
- 3:21the
- 3:21merchandising
- 3:22side
- 3:22of
- 3:22a
- 3:23retail
- 3:23organization.
- 3:24So
- 3:24now
- 3:24I'm
- 3:25going
- 3:25to
- 3:25have
- 3:25you
- 3:25start
- 3:26by.
- 3:26But
- 3:26before
- 3:26we
- 3:27do
- 3:27that,
- 3:27before
- 3:27we
- 3:27pitch
- 3:28you
- 3:28one
- 3:28against
- 3:29another,
- 3:30I
- 3:30want
- 3:30you
- 3:30to
- 3:30each
- 3:30explain
- 3:31your
- 3:31backgrounds
- 3:31a
- 3:31little
- 3:31bit.
- 3:32Brandon,
- 3:32why
- 3:32don't
- 3:32we
- 3:32start
- 3:32with
- 3:32you?
- 3:34Yeah.
- 3:35So
- 3:35really
- 3:35I
- 3:36grew
- 3:36up
- 3:36in
- 3:36retail.
- 3:37My
- 3:37family
- 3:37owns
- 3:37a
- 3:38retail
- 3:38business
- 3:39where
- 3:39I
- 3:39did
- 3:39a
- 3:39lot
- 3:39of
- 3:40buying
- 3:40for
- 3:41the
- 3:41family
- 3:41business.
- 3:42Spent
- 3:4213
- 3:43years
- 3:43at
- 3:43Target,
- 3:44primarily
- 3:44all
- 3:45in
- 3:45the
- 3:45merchandising,
- 3:46buying,
- 3:47planning
- 3:48side
- 3:48of
- 3:48the
- 3:48organization
- 3:49there.
- 3:50And
- 3:51from
- 3:51there
- 3:51really
- 3:52came
- 3:52over
- 3:52to
- 3:52sps.
- 3:53I've
- 3:53been
- 3:53at
- 3:53SPS
- 3:54now
- 3:54nine
- 3:54years
- 3:54and
- 3:55I
- 3:55know
- 3:55we'll
- 3:55get
- 3:55into
- 3:56a
- 3:56little
- 3:56bit
- 3:56about
- 3:56what
- 3:57SPS
- 3:57does,
- 3:57but
- 3:58a
- 3:59big
- 3:59part
- 3:59of
- 3:59what
- 3:59we
- 4:00do
- 4:00is
- 4:00we
- 4:00work
- 4:00with
- 4:01aligning
- 4:01merchants
- 4:02with
- 4:02supply
- 4:03chain
- 4:03initiatives
- 4:04and
- 4:04then
- 4:04connecting
- 4:05that
- 4:05to
- 4:05their
- 4:05suppliers.
- 4:07So
- 4:07definitely
- 4:08come
- 4:08more
- 4:08and
- 4:09came
- 4:09into
- 4:09SPS
- 4:10with
- 4:10more
- 4:10of
- 4:10the
- 4:10merchant
- 4:11background
- 4:12and
- 4:12experience.
- 4:12But
- 4:13I've
- 4:13had
- 4:14a
- 4:14chance
- 4:14over
- 4:14the
- 4:15course
- 4:15of
- 4:15the
- 4:15last
- 4:15nine
- 4:15years
- 4:16to
- 4:16better
- 4:17appreciate
- 4:17what's
- 4:17happening
- 4:18on
- 4:18the
- 4:18supply
- 4:18chain
- 4:19side
- 4:19and
- 4:20seeing
- 4:20some
- 4:21of
- 4:21the
- 4:21gaps
- 4:21that
- 4:21exist
- 4:22in
- 4:22these
- 4:22organizations.
- 4:24Well,
- 4:24well
- 4:24said.
- 4:25Better
- 4:25appreciate
- 4:26what's
- 4:26happening
- 4:26on
- 4:27the
- 4:27supply
- 4:27chain
- 4:27side
- 4:27of
- 4:27the
- 4:27organization
- 4:28from
- 4:28the
- 4:28perspective
- 4:29of
- 4:29virtually.
- 4:29Love
- 4:29that
- 4:30answer.
- 4:30All
- 4:30right,
- 4:31Mayan,
- 4:31why
- 4:31are
- 4:32you
- 4:32here
- 4:32representing
- 4:32the
- 4:33operational
- 4:33side
- 4:34of
- 4:34the
- 4:34supply
- 4:34chain
- 4:34side
- 4:35of
- 4:35the
- 4:35organization?
- 4:36So
- 4:37throughout
- 4:37my
- 4:38career
- 4:38I
- 4:39started
- 4:39in
- 4:39data
- 4:39and
- 4:40analytics
- 4:40and
- 4:40I
- 4:41actually
- 4:41discovered
- 4:42supply
- 4:42chain.
- 4:43Throughout
- 4:44my
- 4:44career
- 4:45I
- 4:46led
- 4:46organizations
- 4:47within
- 4:48supply
- 4:48chain.
- 4:49So
- 4:49demand
- 4:49planning,
- 4:50supply
- 4:50planning
- 4:51and
- 4:51purchasing
- 4:53for
- 4:53both
- 4:54distributions
- 4:55and
- 4:55manufacturers.
- 4:56And
- 4:57I've
- 4:57joined
- 4:57SPS
- 4:58three
- 4:58months
- 4:59ago,
- 4:59so
- 4:59I'm
- 4:59brand
- 4:59new
- 5:00to
- 5:00the
- 5:00team,
- 5:01bringing
- 5:02in
- 5:02some
- 5:03of
- 5:03my
- 5:04thoughts
- 5:04and
- 5:05practices,
- 5:06leading
- 5:06again,
- 5:07supply
- 5:07chain
- 5:07organization
- 5:08and
- 5:09sales
- 5:09and
- 5:09operation
- 5:10planning
- 5:11opportunities.
- 5:13Well,
- 5:13Mayan,
- 5:13I'm
- 5:14really
- 5:14excited
- 5:14to
- 5:14have
- 5:14you
- 5:15on
- 5:15because
- 5:16of
- 5:17your
- 5:17background
- 5:17and
- 5:18the
- 5:18newness
- 5:19really
- 5:19to
- 5:19sps.
- 5:20And
- 5:21I
- 5:21would
- 5:21want,
- 5:21if
- 5:22you
- 5:22don't
- 5:22mind,
- 5:23I
- 5:23would
- 5:23love
- 5:23to
- 5:23have
- 5:23you
- 5:24explain
- 5:24for
- 5:24the
- 5:25audience
- 5:25who
- 5:26may
- 5:26not
- 5:26be
- 5:26familiar
- 5:26what
- 5:27SPS
- 5:27does,
- 5:28especially
- 5:28as
- 5:28it
- 5:28pertains
- 5:29to
- 5:29our
- 5:30two
- 5:30topics
- 5:30to
- 5:31your
- 5:31supply
- 5:32chain
- 5:32and
- 5:32merchandising.
- 5:34Yeah,
- 5:34and
- 5:35I
- 5:35actually
- 5:36going
- 5:36to
- 5:36share
- 5:36it
- 5:36from
- 5:37the
- 5:37view
- 5:37of
- 5:37the
- 5:37customer.
- 5:38I
- 5:38was
- 5:39an
- 5:39SPS
- 5:39customer
- 5:40and
- 5:40that's
- 5:40how
- 5:40I
- 5:41learned
- 5:41about
- 5:42sps.
- 5:43So
- 5:43for
- 5:43us,
- 5:45as
- 5:45we
- 5:45were
- 5:46thinking
- 5:47about
- 5:47okay,
- 5:47where
- 5:48can
- 5:48we
- 5:48add
- 5:49efficiency,
- 5:49where
- 5:50do
- 5:50we
- 5:50see
- 5:50that
- 5:51our
- 5:51buyers
- 5:52are
- 5:52spending
- 5:52most
- 5:52of
- 5:53their
- 5:53time
- 5:54and
- 5:54where
- 5:55do
- 5:55we
- 5:55want
- 5:55them
- 5:55to
- 5:55spend
- 5:56time
- 5:56on?
- 5:57And
- 5:57we
- 5:57understood
- 5:58that
- 5:58there
- 5:58were
- 5:58a
- 5:58lot
- 5:59of
- 5:59manual
- 6:00activities
- 6:01and
- 6:01a
- 6:01lot
- 6:01of
- 6:02areas
- 6:02where
- 6:03they
- 6:03didn't
- 6:03add
- 6:04value
- 6:04as
- 6:04we
- 6:04needed
- 6:05them.
- 6:05So
- 6:06we
- 6:06started
- 6:06looking
- 6:06around
- 6:07and
- 6:07said,
- 6:07okay,
- 6:08where
- 6:08is
- 6:09this
- 6:09gap
- 6:10and
- 6:10is
- 6:10it
- 6:11internally,
- 6:12is
- 6:12it
- 6:13externally
- 6:14and
- 6:14what
- 6:14exactly
- 6:15is
- 6:15causing
- 6:16that
- 6:16friction?
- 6:17And
- 6:17what
- 6:17we
- 6:17discovered
- 6:18is
- 6:18we
- 6:19want
- 6:19our
- 6:19buyers
- 6:19to
- 6:20spend
- 6:20a
- 6:20lot
- 6:20more
- 6:20time
- 6:21with
- 6:21the
- 6:21suppliers.
- 6:22We
- 6:22don't
- 6:22want
- 6:23them
- 6:23to,
- 6:23for
- 6:24example,
- 6:24enter
- 6:24data,
- 6:25right.
- 6:25We
- 6:25want
- 6:26them
- 6:26to
- 6:26have
- 6:26those
- 6:26conversations
- 6:27to
- 6:27solve
- 6:28shortages,
- 6:29to
- 6:29understand
- 6:30how
- 6:30can
- 6:30we
- 6:31expedite,
- 6:31how
- 6:31can
- 6:32we
- 6:32make
- 6:32sure
- 6:32that
- 6:32we
- 6:33have
- 6:33the
- 6:33right
- 6:33inventory
- 6:34at
- 6:34the
- 6:34right
- 6:34time
- 6:35and
- 6:35the
- 6:35right
- 6:35place.
- 6:36So
- 6:37as
- 6:37we
- 6:37were
- 6:38looking
- 6:38to
- 6:38understand
- 6:39what
- 6:39can
- 6:40help
- 6:40us
- 6:41and
- 6:42how
- 6:42can
- 6:42we
- 6:43better
- 6:43connect
- 6:44with
- 6:44our
- 6:45suppliers,
- 6:46we
- 6:46found
- 6:47SPS
- 6:47commerce
- 6:48and
- 6:48we
- 6:49kicked
- 6:49out
- 6:49a
- 6:50project
- 6:50to
- 6:51actually
- 6:51have
- 6:52a
- 6:52handshake
- 6:53both
- 6:53internally,
- 6:54so
- 6:54different
- 6:55organization
- 6:55internally
- 6:56and
- 6:56externally
- 6:57with
- 6:57the
- 6:57suppliers.
- 6:59So
- 6:59we
- 6:59can
- 7:00in
- 7:00a
- 7:00way
- 7:00automate
- 7:01non
- 7:02value
- 7:02add
- 7:02activities
- 7:03so
- 7:03we
- 7:03can
- 7:04focus
- 7:04more
- 7:05on,
- 7:06okay,
- 7:06now
- 7:06the
- 7:07conversation
- 7:07about
- 7:08how
- 7:08can
- 7:08we
- 7:08both
- 7:09drive
- 7:09into
- 7:10one
- 7:10true
- 7:11north.
- 7:11How
- 7:11can
- 7:12now
- 7:12the
- 7:12conversation
- 7:13be
- 7:13how
- 7:14can
- 7:14the
- 7:14supplier
- 7:15and
- 7:15us
- 7:15be
- 7:15more
- 7:16successful
- 7:16in
- 7:17achieving
- 7:17our
- 7:18goals?
- 7:19And
- 7:19what
- 7:19I
- 7:20actually
- 7:20discovered
- 7:20throughout
- 7:21the
- 7:21project
- 7:21is
- 7:22how
- 7:22much
- 7:23misaligned
- 7:23we
- 7:24were
- 7:25internally
- 7:25when
- 7:26we
- 7:26talked
- 7:26within
- 7:27supply
- 7:28chain
- 7:28and
- 7:29product
- 7:29management,
- 7:29or
- 7:30here
- 7:30we're
- 7:30calling
- 7:31the
- 7:31merchandise.
- 7:32Right.
- 7:32Because
- 7:33product
- 7:34management
- 7:34or
- 7:35the
- 7:35merchant
- 7:36had
- 7:36the
- 7:37experience
- 7:37of
- 7:38talking
- 7:38more
- 7:38strategically
- 7:39with
- 7:39our
- 7:40suppliers
- 7:41and
- 7:41our
- 7:41buyers
- 7:42were
- 7:42talking
- 7:43more
- 7:43tactically
- 7:44with
- 7:44the
- 7:44suppliers.
- 7:45So
- 7:45as
- 7:46we
- 7:46are
- 7:46looking
- 7:46to
- 7:47onboard
- 7:47a
- 7:48new
- 7:48community
- 7:48of
- 7:49suppliers
- 7:49into
- 7:50this
- 7:50program,
- 7:51we
- 7:51now
- 7:51need
- 7:51to
- 7:52work
- 7:52very
- 7:52closely
- 7:53on
- 7:53both
- 7:54aspects
- 7:54of
- 7:55the
- 7:56strategic
- 7:56side
- 7:57of
- 7:57supplier
- 7:58management
- 7:59and
- 7:59the
- 7:59tactical
- 7:59side
- 8:00of
- 8:00supplier
- 8:01management.
- 8:02And
- 8:02how
- 8:02can
- 8:02we
- 8:03actually
- 8:04enhance
- 8:05that
- 8:05internal
- 8:05relationship
- 8:06so
- 8:07we
- 8:07show
- 8:07up
- 8:08together
- 8:09to
- 8:09the
- 8:09supplier,
- 8:11right.
- 8:12So
- 8:12there's
- 8:12a
- 8:12lot
- 8:12of
- 8:12meat
- 8:13on
- 8:13that
- 8:13bone
- 8:13that
- 8:13you
- 8:13just,
- 8:14you
- 8:14just
- 8:15laid
- 8:15out
- 8:15in
- 8:15front
- 8:15of
- 8:16us.
- 8:16So
- 8:16I'm
- 8:16excited
- 8:17to
- 8:17get
- 8:17to
- 8:17it.
- 8:17So.
- 8:18And
- 8:18you
- 8:18know,
- 8:18before
- 8:19we
- 8:19pitch
- 8:19it
- 8:19to
- 8:19you
- 8:19against
- 8:20each
- 8:20Other,
- 8:20you
- 8:20know,
- 8:20some
- 8:20people
- 8:21are
- 8:21going
- 8:21to
- 8:21assume
- 8:21that
- 8:21as
- 8:22a
- 8:22lifelong
- 8:22merchant
- 8:22that
- 8:23I'm
- 8:23going
- 8:23to
- 8:23be
- 8:23automatically
- 8:24team
- 8:24Brandon
- 8:25here.
- 8:25But
- 8:25I
- 8:26don't
- 8:26know.
- 8:26Hold
- 8:26the
- 8:26phone,
- 8:27folks,
- 8:27because,
- 8:27like,
- 8:27I
- 8:27got
- 8:27a
- 8:28lot
- 8:28of
- 8:28operation
- 8:28experience,
- 8:29both
- 8:29operator
- 8:30experience,
- 8:30both
- 8:30as
- 8:30a
- 8:30store
- 8:31field
- 8:31leader
- 8:31at
- 8:31Target
- 8:32and
- 8:32then
- 8:32also
- 8:32an
- 8:32inventory
- 8:33management
- 8:33at
- 8:33Gap
- 8:33too.
- 8:34So.
- 8:34And.
- 8:34And
- 8:35we've
- 8:35been
- 8:35doing
- 8:35this
- 8:35job
- 8:36for
- 8:36the
- 8:36last
- 8:36several
- 8:37years
- 8:37too.
- 8:37And
- 8:37supply
- 8:38chain
- 8:38kind
- 8:38of
- 8:39an
- 8:39important
- 8:39thing,
- 8:39you
- 8:40know,
- 8:40it's
- 8:40kind
- 8:40of
- 8:40important
- 8:40thing
- 8:41to
- 8:41figure
- 8:41out
- 8:41and
- 8:41get
- 8:41right.
- 8:42Right.
- 8:42Like
- 8:42for
- 8:43the
- 8:43most
- 8:43part
- 8:43nowadays.
- 8:44Right.
- 8:44Much
- 8:44more
- 8:44so
- 8:44than
- 8:45it
- 8:45was
- 8:45probably
- 8:4510
- 8:45or
- 8:4615
- 8:46years
- 8:46ago,
- 8:46even.
- 8:47So.
- 8:47So,
- 8:47Brandon,
- 8:48let's
- 8:49go
- 8:49to
- 8:49you
- 8:49first,
- 8:50the
- 8:50merchant.
- 8:52Where
- 8:52does
- 8:52a
- 8:52retailer
- 8:53need
- 8:53to
- 8:54start
- 8:54if
- 8:54they
- 8:54want
- 8:54to,
- 8:55quote,
- 8:55unquote,
- 8:55mind
- 8:56the
- 8:56gap
- 8:56or
- 8:56bridge
- 8:57the
- 8:57divide
- 8:57between
- 8:58merchandising
- 8:59and
- 8:59supply
- 8:59chain
- 9:00operations?
- 9:01Yeah,
- 9:02I
- 9:02mean,
- 9:02so
- 9:03there's
- 9:03a
- 9:03couple
- 9:04ways.
- 9:04One,
- 9:05it
- 9:05does
- 9:06feel
- 9:06like
- 9:07there's
- 9:07becoming
- 9:08more
- 9:08of
- 9:08a
- 9:08natural
- 9:09progression
- 9:09of
- 9:10supply
- 9:10chain
- 9:10and
- 9:10merchandising
- 9:11working
- 9:11together.
- 9:12And
- 9:12I
- 9:12think
- 9:13one
- 9:13of
- 9:13the
- 9:13biggest
- 9:13forcing
- 9:14factors
- 9:14there
- 9:15is
- 9:15the
- 9:15inventory
- 9:16side
- 9:16of
- 9:16things.
- 9:16As
- 9:17inventory
- 9:18is
- 9:18becoming
- 9:18much
- 9:19harder
- 9:19to
- 9:19manage
- 9:20and
- 9:20allocate
- 9:21across
- 9:21all
- 9:21those
- 9:21channels,
- 9:22all
- 9:22the
- 9:23channels,
- 9:24it
- 9:24is
- 9:24forcing
- 9:24the
- 9:25merchants
- 9:25to
- 9:25have
- 9:25a
- 9:25better
- 9:26appreciation
- 9:26for
- 9:27how
- 9:27does
- 9:27my
- 9:28supply
- 9:28chain
- 9:28best
- 9:29perform?
- 9:29Because
- 9:29I
- 9:30can't
- 9:30just
- 9:30order
- 9:31more
- 9:31inventory
- 9:32across
- 9:32the
- 9:32board.
- 9:32I
- 9:33have
- 9:33to
- 9:33make
- 9:33sure
- 9:33it
- 9:33gets
- 9:33to
- 9:33the
- 9:34right
- 9:34place
- 9:35at
- 9:35the
- 9:35right
- 9:35time.
- 9:36And
- 9:36it
- 9:36is
- 9:36forcing
- 9:37some
- 9:37of
- 9:37that
- 9:37collaboration.
- 9:39What
- 9:39I've
- 9:40seen
- 9:40some
- 9:40organizations
- 9:41do
- 9:41and
- 9:42where
- 9:43I
- 9:43start
- 9:43to
- 9:43see
- 9:44the
- 9:44focus
- 9:44start
- 9:44to
- 9:44manifest
- 9:45in
- 9:46driving
- 9:46improvement
- 9:47is
- 9:47they
- 9:47start
- 9:47to
- 9:48align
- 9:48around
- 9:48some
- 9:48key
- 9:49metrics.
- 9:49So
- 9:49obviously,
- 9:50you
- 9:50know,
- 9:51something
- 9:51like
- 9:51an
- 9:51inventory
- 9:52position
- 9:52is
- 9:52pretty
- 9:53critical,
- 9:53but
- 9:54even
- 9:54as
- 9:54you
- 9:54drill
- 9:55a
- 9:55level
- 9:55deeper
- 9:56on
- 9:56something
- 9:56so
- 9:57simple
- 9:57as
- 9:57Otis
- 9:58or
- 9:58on
- 9:59time
- 9:59in
- 10:00full,
- 10:00and
- 10:00it's
- 10:01a
- 10:01metric
- 10:01that
- 10:01I
- 10:01think
- 10:02has
- 10:02become
- 10:02a
- 10:02little
- 10:02bit
- 10:02of
- 10:03a
- 10:03buzzword
- 10:03across
- 10:03supply
- 10:04chain.
- 10:05And
- 10:05most
- 10:05merchants
- 10:05are
- 10:06like,
- 10:06oh,
- 10:06great
- 10:07Otif,
- 10:07what
- 10:07does
- 10:07that
- 10:08mean?
- 10:10Is
- 10:10it
- 10:10just
- 10:10the
- 10:11merchants?
- 10:11It
- 10:11might
- 10:11be
- 10:12the
- 10:12rest
- 10:12of
- 10:12us.
- 10:13Sure,
- 10:14sure,
- 10:16that
- 10:16that's
- 10:17absolutely
- 10:17fair.
- 10:18But.
- 10:18But
- 10:19it's
- 10:19being
- 10:19able
- 10:19to
- 10:19connect
- 10:20the
- 10:20value
- 10:20of.
- 10:20Well,
- 10:21when
- 10:21product
- 10:21shows
- 10:22and
- 10:23it
- 10:23consistently
- 10:23shows
- 10:24up
- 10:24on
- 10:24time,
- 10:25how
- 10:25much
- 10:25better
- 10:25can
- 10:26I
- 10:26have
- 10:26my
- 10:26inventory
- 10:27allocated
- 10:28to
- 10:28the
- 10:28right
- 10:28endpoints?
- 10:29How
- 10:29can
- 10:29I
- 10:29promise
- 10:30inventory
- 10:30better
- 10:31to
- 10:31consumers
- 10:32online?
- 10:32Because
- 10:33simply
- 10:33that
- 10:34simple
- 10:35fact
- 10:35of
- 10:35knowing
- 10:35it's
- 10:36arriving
- 10:36on
- 10:36time
- 10:37and
- 10:37then
- 10:37even
- 10:38things
- 10:38like,
- 10:38is
- 10:39it
- 10:39coming
- 10:39in
- 10:39full?
- 10:40And
- 10:41what's
- 10:41so
- 10:41fascinating
- 10:42is
- 10:42we
- 10:42roll
- 10:42out
- 10:42about
- 10:43100
- 10:43of
- 10:43these
- 10:43programs
- 10:44a
- 10:44year
- 10:44at
- 10:44SPS
- 10:44across
- 10:45retailers
- 10:45where
- 10:46we're
- 10:46attempting
- 10:46to
- 10:47modernize
- 10:48and
- 10:48automate
- 10:48their
- 10:48Supply
- 10:49chain.
- 10:49And
- 10:50one
- 10:50of
- 10:50the
- 10:50number
- 10:50one
- 10:50things
- 10:51I
- 10:51hear
- 10:51from
- 10:51most
- 10:52merchants
- 10:52when
- 10:53we
- 10:53roll
- 10:53out
- 10:53one
- 10:53of
- 10:53the
- 10:54program
- 10:54is
- 10:54the
- 10:54data
- 10:55is
- 10:55wrong
- 10:55and
- 10:55the
- 10:56metrics
- 10:56are
- 10:56wrong.
- 10:57My
- 10:57fill
- 10:57rates
- 10:57aren't
- 10:58that
- 10:58bad.
- 10:58They
- 10:59can't
- 10:59possibly
- 10:59be
- 10:59that
- 11:00bad.
- 11:00And
- 11:00then
- 11:00we
- 11:01dive
- 11:01into
- 11:01it
- 11:01and
- 11:01they're
- 11:02like,
- 11:02oh
- 11:02no,
- 11:02actually
- 11:03that
- 11:03is
- 11:03accurate.
- 11:04I
- 11:04forgot
- 11:04I
- 11:04did
- 11:05cut
- 11:05that
- 11:06order
- 11:06with
- 11:06that
- 11:06supplier
- 11:07or
- 11:07I
- 11:07forgot
- 11:08I
- 11:08did
- 11:08give
- 11:08them
- 11:08a
- 11:08two
- 11:09week
- 11:09extension.
- 11:10But
- 11:10because
- 11:11they're
- 11:11not
- 11:11focused
- 11:11on
- 11:12those
- 11:12metrics
- 11:12over
- 11:13time
- 11:13it
- 11:14just
- 11:14creates
- 11:15delays
- 11:15in
- 11:16the
- 11:16supply
- 11:16chain,
- 11:17it
- 11:17creates
- 11:17inaccuracies
- 11:18and
- 11:19all
- 11:19of
- 11:19that
- 11:19starts
- 11:19to
- 11:20compound
- 11:20and
- 11:20the
- 11:21ability
- 11:21to
- 11:21service
- 11:22the
- 11:22end
- 11:22consumer
- 11:23in
- 11:23the
- 11:24channels
- 11:24you
- 11:24need
- 11:24to.
- 11:25So
- 11:26I
- 11:26think
- 11:26some
- 11:26of
- 11:26it
- 11:26is
- 11:27just,
- 11:27it's
- 11:27a
- 11:27natural
- 11:28forcing
- 11:28function
- 11:29that's
- 11:29happening
- 11:29now
- 11:29amongst
- 11:30these
- 11:30organizations.
- 11:31But
- 11:32where
- 11:32I've
- 11:32seen
- 11:32some
- 11:33really
- 11:33start
- 11:33to
- 11:33lean
- 11:33in
- 11:34is
- 11:34the
- 11:34pinpointing
- 11:35around
- 11:35what
- 11:36the
- 11:36metrics
- 11:36are
- 11:36that
- 11:36we
- 11:37want
- 11:37to
- 11:37focus
- 11:37on
- 11:38and
- 11:38then
- 11:38driving
- 11:39that
- 11:39collaboration
- 11:40inside
- 11:40the
- 11:40organization.
- 11:42So
- 11:42Brandon,
- 11:43what
- 11:43is
- 11:43the
- 11:43general
- 11:44zeitgeist
- 11:44or
- 11:45the
- 11:45impetus
- 11:45for
- 11:46this
- 11:47kind
- 11:47of
- 11:47forcing
- 11:48mechanism
- 11:48as
- 11:48you
- 11:48described
- 11:49it?
- 11:50Is
- 11:50it
- 11:50the
- 11:50belief
- 11:50in
- 11:51the
- 11:51omnichannel
- 11:52view
- 11:52into
- 11:52the
- 11:53inventory
- 11:53across
- 11:54the
- 11:54digital
- 11:54and
- 11:55the
- 11:55bricks
- 11:55and
- 11:55mortar
- 11:56divide?
- 11:56Is
- 11:57it?
- 11:58How
- 11:58do
- 11:58you
- 11:58think
- 11:58about
- 11:59that?
- 12:00Yeah,
- 12:00I
- 12:00mean,
- 12:01if
- 12:01I
- 12:01understand
- 12:01your
- 12:02question
- 12:02correctly,
- 12:02Chris,
- 12:03I
- 12:03mean
- 12:04I
- 12:04think
- 12:04in
- 12:04a
- 12:04lot
- 12:05of
- 12:05ways
- 12:06supply
- 12:06chain
- 12:06used
- 12:06to
- 12:07be
- 12:07looked
- 12:07at
- 12:07as
- 12:07a
- 12:08cost
- 12:08or
- 12:09a
- 12:09minimizing
- 12:10cost
- 12:10and
- 12:10margin
- 12:11opportunity.
- 12:12And
- 12:12I
- 12:12think
- 12:12now
- 12:13it's
- 12:13being
- 12:13seen
- 12:13more
- 12:14as
- 12:14a
- 12:14growth
- 12:15opportunity
- 12:15or
- 12:16an
- 12:16accelerator
- 12:16opportunity
- 12:17that
- 12:18I,
- 12:19not
- 12:19only
- 12:19as
- 12:20a
- 12:20merchant
- 12:20am
- 12:20now
- 12:21picking
- 12:21my
- 12:21item,
- 12:22but
- 12:23if
- 12:23I
- 12:23can
- 12:23actually
- 12:24align
- 12:24that
- 12:24to
- 12:24our
- 12:25supply
- 12:25chain
- 12:25capabilities,
- 12:27the
- 12:27item
- 12:27is
- 12:28almost
- 12:28just
- 12:28as
- 12:28important
- 12:28on
- 12:29how
- 12:29I
- 12:29can
- 12:29get
- 12:29that
- 12:29item
- 12:30to
- 12:30the
- 12:30end
- 12:30consumer
- 12:30in
- 12:31the
- 12:31various
- 12:31different
- 12:31channels.
- 12:32And
- 12:32so
- 12:33they're
- 12:33now
- 12:33starting
- 12:34to
- 12:34connect
- 12:34that
- 12:34more
- 12:35to
- 12:35growth
- 12:36than
- 12:36just
- 12:37purely
- 12:37a
- 12:37cost
- 12:38in
- 12:39managing
- 12:39the
- 12:40cost
- 12:40of
- 12:40moving
- 12:40the
- 12:40goods
- 12:41from
- 12:41across
- 12:41the
- 12:41supply
- 12:42chain.
- 12:43Got
- 12:43it.
- 12:43So
- 12:43said
- 12:43another
- 12:44way
- 12:44merchants
- 12:44you
- 12:44believe
- 12:44are
- 12:45starting
- 12:45to
- 12:45see
- 12:45supply
- 12:46chain
- 12:46as
- 12:47a
- 12:47point
- 12:47of
- 12:47differentiation
- 12:48for
- 12:48their
- 12:49product
- 12:49as
- 12:49much
- 12:49as
- 12:50say
- 12:50like
- 12:50what
- 12:50the
- 12:50color
- 12:51of
- 12:51the
- 12:51shirt
- 12:51is,
- 12:52where,
- 12:52when
- 12:52you
- 12:52can
- 12:52give
- 12:53it
- 12:53to
- 12:53them,
- 12:53how
- 12:53you
- 12:53can
- 12:53get
- 12:53it
- 12:54to
- 12:54them
- 12:54is
- 12:54just
- 12:54as
- 12:54an
- 12:54important
- 12:55piece
- 12:55of
- 12:55differentiation.
- 12:56Yeah.
- 12:57In
- 12:57the
- 12:57big
- 12:58challenge
- 12:58we
- 12:58see,
- 12:58and
- 12:58certainly
- 12:59one
- 12:59of
- 12:59the
- 12:59areas
- 12:59that
- 13:00was
- 13:00very
- 13:00interested
- 13:00in
- 13:01Mayan
- 13:01joining
- 13:02SPS
- 13:03is
- 13:03Mayan
- 13:04was
- 13:04able
- 13:04to
- 13:04connect
- 13:04those
- 13:05dots
- 13:05between
- 13:05supply
- 13:06chain
- 13:06and
- 13:06merchants.
- 13:07But
- 13:07a
- 13:07lot
- 13:07of
- 13:07times
- 13:08supply
- 13:08chain
- 13:08is
- 13:09using
- 13:09terms
- 13:09and
- 13:10words
- 13:10like
- 13:10otif
- 13:11that
- 13:11a
- 13:11merchant's
- 13:12kind
- 13:12of
- 13:12like
- 13:12why
- 13:13do
- 13:13I
- 13:13care
- 13:13about
- 13:13that?
- 13:14And
- 13:15so
- 13:15while
- 13:16they
- 13:16are
- 13:16connected.
- 13:17It's
- 13:18almost
- 13:18like
- 13:18they
- 13:18operate
- 13:19in
- 13:19two
- 13:19different
- 13:19worlds
- 13:19in
- 13:20two
- 13:20different
- 13:20languages.
- 13:21And
- 13:21while
- 13:21they're
- 13:22attempting
- 13:22to
- 13:22maybe
- 13:23tackle
- 13:23some
- 13:23of
- 13:23the
- 13:23same
- 13:24things,
- 13:24they're
- 13:25not
- 13:25always
- 13:25able
- 13:25to
- 13:26pinpoint
- 13:26how
- 13:26those
- 13:26conversations
- 13:27come
- 13:28together.
- 13:28And
- 13:28so
- 13:29again,
- 13:30that's
- 13:30a
- 13:30big
- 13:30part
- 13:30of
- 13:31where
- 13:31we've
- 13:31seen
- 13:32advances
- 13:33there.
- 13:33You
- 13:33see
- 13:33more
- 13:34supply
- 13:34chain
- 13:34folks
- 13:35actually
- 13:35now
- 13:36taking
- 13:37on
- 13:37some
- 13:37responsibilities
- 13:38in
- 13:38merchandising
- 13:39in
- 13:39some
- 13:39organizations.
- 13:41But
- 13:42that's
- 13:43the
- 13:43gap
- 13:44that
- 13:44we're
- 13:44talking
- 13:44about,
- 13:45that
- 13:45minding
- 13:45the
- 13:45gap
- 13:46and
- 13:46making
- 13:46those
- 13:46connections.
- 13:47Yeah.
- 13:48So,
- 13:48Mayan,
- 13:48I'm
- 13:48curious
- 13:48then.
- 13:49So
- 13:49let's
- 13:49bring
- 13:49your
- 13:49side
- 13:50of
- 13:50your
- 13:51perspective
- 13:51into
- 13:51this
- 13:52discussion
- 13:52too.
- 13:52So
- 13:55where
- 13:55would
- 13:55you
- 13:56suggest
- 13:56the
- 13:57operations
- 13:57side
- 13:57of
- 13:57the
- 13:57organization
- 13:58to
- 13:58start
- 13:58to
- 13:59get
- 13:59the
- 14:00merchants
- 14:00on
- 14:00board?
- 14:00In
- 14:01a
- 14:01lot
- 14:01of
- 14:01ways,
- 14:01I
- 14:01think
- 14:01is
- 14:02kind
- 14:02of
- 14:02my
- 14:02takeaway
- 14:03here.
- 14:03I'm
- 14:03probably
- 14:03not
- 14:04team
- 14:04merchant
- 14:04on
- 14:04this
- 14:05at
- 14:05the
- 14:05end
- 14:05of
- 14:05the
- 14:05day.
- 14:05What's
- 14:06your
- 14:06take?
- 14:07So
- 14:07I'm
- 14:08going
- 14:08to
- 14:08introduce
- 14:08another
- 14:09concept
- 14:10Brendan
- 14:10was
- 14:10talking
- 14:11about,
- 14:11autif.
- 14:12I'm
- 14:12going
- 14:12to
- 14:12talk
- 14:13about
- 14:13snop,
- 14:14which
- 14:14stands
- 14:14for
- 14:14sales
- 14:15and
- 14:15operation
- 14:15planning,
- 14:16or
- 14:17the
- 14:17more
- 14:17mature
- 14:18ability,
- 14:19which
- 14:19is
- 14:19in
- 14:20ibp,
- 14:21which
- 14:22is
- 14:22integrated
- 14:23Business
- 14:23planning.
- 14:24And
- 14:24the
- 14:24idea
- 14:25is
- 14:25how
- 14:26can
- 14:26we
- 14:26as
- 14:27one
- 14:27company
- 14:28have
- 14:28one
- 14:28true
- 14:29north
- 14:29and
- 14:30collaborate,
- 14:31cross
- 14:31functionally?
- 14:32So
- 14:32this
- 14:32process
- 14:33includes
- 14:33five
- 14:34steps.
- 14:34The
- 14:35first
- 14:35step
- 14:35is
- 14:36discussing
- 14:36your
- 14:37product.
- 14:38The
- 14:38second
- 14:38step
- 14:38is
- 14:39discussing
- 14:39demand
- 14:40planning.
- 14:40The
- 14:41third
- 14:41is
- 14:42supply
- 14:42planning,
- 14:43then
- 14:43financial
- 14:44planning.
- 14:45And
- 14:45at
- 14:45the
- 14:45end
- 14:45you
- 14:45have
- 14:46executive
- 14:46review
- 14:47where
- 14:47the
- 14:47C
- 14:47suite
- 14:48is
- 14:48getting
- 14:48all
- 14:49that
- 14:49information.
- 14:50Understand
- 14:51where
- 14:51do
- 14:52we
- 14:52have
- 14:52gaps
- 14:53to
- 14:53achieve
- 14:53our
- 14:53financial
- 14:54goals?
- 14:55What
- 14:56activities
- 14:56do
- 14:56we
- 14:56need
- 14:57to
- 14:57do
- 14:57to
- 14:57close
- 14:57that
- 14:58gap?
- 14:58And
- 14:59now
- 14:59you
- 14:59have
- 15:00a
- 15:00true
- 15:01global
- 15:02view
- 15:03of
- 15:03your
- 15:04organization
- 15:05of
- 15:06what
- 15:06product
- 15:07is
- 15:08wanted
- 15:08or
- 15:09going
- 15:09to
- 15:09be
- 15:09introduced
- 15:10to
- 15:10the
- 15:10market.
- 15:11What
- 15:12demand
- 15:12do
- 15:12we
- 15:12have?
- 15:13Can
- 15:13we
- 15:13actually
- 15:14achieve
- 15:14that
- 15:14demand
- 15:15with
- 15:15supply
- 15:16planning?
- 15:16Are
- 15:17we
- 15:17under,
- 15:18do
- 15:18we
- 15:18have
- 15:18additional
- 15:19capacity
- 15:19that
- 15:19we
- 15:20can
- 15:20start
- 15:20saying,
- 15:21I
- 15:21understand
- 15:21the
- 15:22demand
- 15:22is
- 15:22X,
- 15:23but
- 15:23I'm
- 15:23underutilizing
- 15:25this
- 15:25place,
- 15:26this
- 15:26dc,
- 15:27this
- 15:27plant,
- 15:27this
- 15:28whatever
- 15:28service.
- 15:29Do
- 15:30you
- 15:30want
- 15:30to
- 15:30go
- 15:30and
- 15:30introduce
- 15:31the
- 15:31product
- 15:31to
- 15:31additional
- 15:32markets?
- 15:32Right
- 15:33now
- 15:33you're
- 15:33having
- 15:33those
- 15:34true
- 15:34conversations
- 15:35of
- 15:36not
- 15:36only
- 15:37let's
- 15:37drop
- 15:37it
- 15:38across
- 15:39right
- 15:39over
- 15:39the
- 15:40fence
- 15:40to
- 15:40the
- 15:41supply
- 15:41chain,
- 15:41go
- 15:41deal
- 15:42with
- 15:42it.
- 15:42It's
- 15:42more
- 15:43supply
- 15:43chain
- 15:44now
- 15:44coming
- 15:44into
- 15:44the
- 15:45conversation
- 15:45and
- 15:46saying,
- 15:46okay,
- 15:48you
- 15:48want
- 15:48this
- 15:48product,
- 15:49I
- 15:49understand
- 15:49here
- 15:50is
- 15:50the
- 15:50cost
- 15:50associated
- 15:51with
- 15:51it,
- 15:52or
- 15:52you
- 15:53only
- 15:53asking
- 15:53for
- 15:54this,
- 15:54but
- 15:54I
- 15:54have
- 15:54additional
- 15:55capacity.
- 15:55Do
- 15:55you
- 15:56want
- 15:56more?
- 15:57Those
- 15:57conversations
- 15:58don't
- 15:58happen
- 15:58as
- 15:59much
- 15:59in
- 15:59retail,
- 16:00as
- 16:00much
- 16:01as
- 16:01I
- 16:01might
- 16:01see
- 16:02more
- 16:02in
- 16:02manufacturing
- 16:03and
- 16:03distribution.
- 16:04I
- 16:04don't
- 16:04think
- 16:04SNOP
- 16:05and
- 16:05IBP
- 16:05has
- 16:05been
- 16:06introduced
- 16:06to
- 16:06retail
- 16:07and
- 16:07I
- 16:07think
- 16:07this
- 16:08is
- 16:08a
- 16:08really
- 16:08opportunity
- 16:10to
- 16:10break
- 16:10the
- 16:10silos
- 16:11and
- 16:11mind
- 16:11the
- 16:12gap
- 16:12by
- 16:12introducing
- 16:13cross
- 16:13functional
- 16:14processes.
- 16:15I
- 16:16think
- 16:16Mayan's
- 16:17getting
- 16:17some
- 16:17points
- 16:18on
- 16:18the
- 16:18board
- 16:18for
- 16:18team
- 16:19supply
- 16:19chain
- 16:19here
- 16:20with
- 16:20that
- 16:20answer.
- 16:21But
- 16:21Mayan,
- 16:22I
- 16:22want
- 16:22to
- 16:22dive
- 16:22a
- 16:23little
- 16:23bit
- 16:23deeper.
- 16:24I
- 16:24mean,
- 16:25this
- 16:25all
- 16:26makes
- 16:26sense,
- 16:26like
- 16:27going
- 16:27towards
- 16:28unified
- 16:30metrics
- 16:30that
- 16:31you're
- 16:31working
- 16:31off
- 16:31of.
- 16:33There's
- 16:33seems
- 16:33like
- 16:34there's
- 16:34a
- 16:34lot
- 16:34more
- 16:35on
- 16:35the
- 16:35strategy
- 16:35side
- 16:35that
- 16:36supply
- 16:36chain
- 16:36can
- 16:36be
- 16:36doing.
- 16:37But
- 16:37what
- 16:38have
- 16:38some
- 16:38of
- 16:38the
- 16:39retailers,
- 16:39when
- 16:39you're
- 16:39going
- 16:39in
- 16:40and
- 16:40doing
- 16:40these
- 16:40programs,
- 16:40programs
- 16:41like
- 16:41Brandon
- 16:41talk,
- 16:41Brandon
- 16:42was
- 16:42talking
- 16:42about,
- 16:43what
- 16:43are
- 16:43some
- 16:44of
- 16:44the
- 16:44challenges
- 16:44that
- 16:44they're
- 16:45facing
- 16:45right
- 16:45now
- 16:45that
- 16:46are
- 16:46kind
- 16:46of
- 16:46getting
- 16:47in
- 16:47the
- 16:47way
- 16:47of
- 16:47them
- 16:47being
- 16:47able
- 16:48to
- 16:48do
- 16:48this?
- 16:50Yeah.
- 16:50So
- 16:50as
- 16:50Brandon
- 16:51said,
- 16:51it's
- 16:51all
- 16:51about
- 16:52metrics.
- 16:52Right.
- 16:53And
- 16:53let's
- 16:54think
- 16:54again
- 16:55about
- 16:55the
- 16:55gap
- 16:55between
- 16:56the
- 16:56two.
- 16:56When
- 16:56we
- 16:57think
- 16:57about
- 16:57the
- 16:57cmo,
- 16:58they
- 16:58think
- 16:58about
- 16:59revenue.
- 16:59Right.
- 17:00They're
- 17:00much
- 17:00more
- 17:00on
- 17:00the
- 17:00sales
- 17:01side.
- 17:01When
- 17:02we
- 17:02think
- 17:02about
- 17:03the
- 17:03chief
- 17:03supply
- 17:03chain
- 17:04officer,
- 17:04they're
- 17:05much
- 17:05more
- 17:05on
- 17:06cash
- 17:06conversion
- 17:07cycles
- 17:07and
- 17:08finding
- 17:09ways
- 17:09to
- 17:10do
- 17:10as
- 17:11much
- 17:11saving
- 17:11as
- 17:12possible.
- 17:12So
- 17:13now
- 17:13you
- 17:13have
- 17:13two
- 17:13conflicting
- 17:15KPIs,
- 17:16right?
- 17:16That
- 17:17each
- 17:17department
- 17:17is
- 17:18following
- 17:18a
- 17:18different
- 17:18path.
- 17:19Yep.
- 17:20Now
- 17:21let's
- 17:21say
- 17:22we
- 17:22have
- 17:22those
- 17:23two.
- 17:23Supplier
- 17:24scorecarding
- 17:25or
- 17:26metrics,
- 17:27if
- 17:28both
- 17:28organizations
- 17:29pick
- 17:30both
- 17:30of
- 17:30those
- 17:31metrics
- 17:32and
- 17:32understand.
- 17:33Okay,
- 17:34so
- 17:35I
- 17:35now
- 17:36understand
- 17:36why
- 17:36you're
- 17:36talking
- 17:37about
- 17:37cash
- 17:37conversion
- 17:38cycle,
- 17:38because
- 17:39you
- 17:40are,
- 17:40you
- 17:41are
- 17:42accountable
- 17:43for
- 17:43day
- 17:44sales
- 17:44and
- 17:44you
- 17:45are
- 17:45accountable
- 17:46for
- 17:46inventory
- 17:47on
- 17:48hand
- 17:48and
- 17:48you
- 17:48are
- 17:48accounted
- 17:50for
- 17:51days
- 17:51payment
- 17:52outstanding,
- 17:53which
- 17:53are
- 17:53the
- 17:53components
- 17:54of
- 17:54the
- 17:54cash
- 17:54conversion
- 17:55cycle.
- 17:56And
- 17:56then
- 17:56the
- 17:56merchant
- 17:57understand
- 17:58how
- 17:59cash
- 17:59is
- 18:00so
- 18:00important
- 18:00for
- 18:01the
- 18:01business
- 18:02to
- 18:03enable
- 18:03that
- 18:04growth
- 18:05and
- 18:05enable
- 18:06additional
- 18:08opportunities
- 18:08of
- 18:09profit
- 18:09and
- 18:09revenue.
- 18:10So
- 18:11to
- 18:11me,
- 18:11talking
- 18:12about
- 18:12supplier
- 18:13scorecarding,
- 18:14understanding
- 18:14what
- 18:14are
- 18:14those
- 18:15metrics,
- 18:15what
- 18:16are
- 18:16those
- 18:16targets
- 18:17and
- 18:17how
- 18:17can
- 18:18the
- 18:18business
- 18:19can
- 18:19become
- 18:21that
- 18:21target
- 18:22points
- 18:22that
- 18:22they
- 18:22want
- 18:23to
- 18:23grow
- 18:23into.
- 18:24That's
- 18:24how
- 18:25we
- 18:25can
- 18:25enable
- 18:26them.
- 18:27And
- 18:28Brandon,
- 18:28how
- 18:29do
- 18:29you
- 18:29think
- 18:29about
- 18:29this
- 18:29from
- 18:29the
- 18:30merchandising
- 18:30side
- 18:31here?
- 18:31Like
- 18:31where.
- 18:32What
- 18:33potential
- 18:34roadblocks
- 18:35have
- 18:35there
- 18:35been?
- 18:36Or
- 18:36you
- 18:36know,
- 18:37as,
- 18:37as
- 18:37someone
- 18:38who's
- 18:38been
- 18:38in
- 18:38merchandising
- 18:39for
- 18:39as
- 18:39long
- 18:39as
- 18:39you
- 18:39have,
- 18:40like,
- 18:41it
- 18:41seems
- 18:42like
- 18:42there's
- 18:42a
- 18:42solution
- 18:43out
- 18:43here,
- 18:43but
- 18:43what's
- 18:44getting
- 18:44in
- 18:44the
- 18:44way?
- 18:46Yeah,
- 18:46I
- 18:46mean,
- 18:47part
- 18:47of
- 18:47me
- 18:47is
- 18:49I've
- 18:49been
- 18:50pretty
- 18:50amazed
- 18:51at
- 18:51the
- 18:51lack
- 18:51of
- 18:52internal
- 18:52reporting
- 18:53that
- 18:53exists
- 18:54that
- 18:54can
- 18:54connect
- 18:55sort
- 18:56of
- 18:56the
- 18:56supply
- 18:56chain
- 18:57performance
- 18:58to
- 18:58the
- 18:58merchants
- 18:59performance
- 19:00from
- 19:00a
- 19:00sales
- 19:01and
- 19:01margin
- 19:02standpoint.
- 19:03And
- 19:03I
- 19:03think
- 19:04merchants
- 19:05see
- 19:06a
- 19:06lot
- 19:06of
- 19:06data
- 19:07and
- 19:07a
- 19:07lot
- 19:07of
- 19:07analysis.
- 19:08I
- 19:08mean,
- 19:08you're
- 19:08getting
- 19:08a
- 19:08lot
- 19:09thrown
- 19:09at
- 19:09you,
- 19:09from
- 19:10suppliers
- 19:11to
- 19:12market
- 19:12share
- 19:12analysis
- 19:13to
- 19:15marketing
- 19:16analysis.
- 19:17And
- 19:17then
- 19:17all
- 19:18of
- 19:18a
- 19:18sudden
- 19:18you
- 19:18start
- 19:18to
- 19:18hear
- 19:19these
- 19:19supply
- 19:19chain
- 19:19metrics
- 19:20that
- 19:20you
- 19:20need
- 19:20to
- 19:20care
- 19:21about.
- 19:21And
- 19:22it's
- 19:23some
- 19:23of
- 19:23the
- 19:23consistency
- 19:24to
- 19:24demonstrate
- 19:25to
- 19:25me,
- 19:25okay,
- 19:25if
- 19:26we're
- 19:26going
- 19:26to
- 19:26sign
- 19:26up
- 19:26for
- 19:27this
- 19:27new
- 19:27metric,
- 19:28help
- 19:28me
- 19:29see
- 19:29how
- 19:29that's
- 19:29changing
- 19:30over
- 19:30time
- 19:31and
- 19:31then
- 19:31help
- 19:31me
- 19:31make
- 19:32that
- 19:32connection
- 19:32to
- 19:32what
- 19:33that's
- 19:33doing
- 19:33to
- 19:33drive
- 19:34growth
- 19:34in
- 19:35sales,
- 19:35in
- 19:35margin
- 19:36or
- 19:36market
- 19:37share
- 19:37for
- 19:37me
- 19:38and
- 19:38starting
- 19:38to
- 19:38make
- 19:38those
- 19:39connections.
- 19:40And
- 19:40that's
- 19:41where
- 19:41I
- 19:41will
- 19:41come
- 19:41to
- 19:41the
- 19:42defense
- 19:42of
- 19:42the
- 19:42merchants.
- 19:43Like
- 19:43it's
- 19:43not
- 19:43because
- 19:44they're
- 19:44ignorant
- 19:44or
- 19:45idiots.
- 19:45Like
- 19:46they
- 19:46do
- 19:46want
- 19:46to
- 19:47drive
- 19:47this,
- 19:47but
- 19:48I
- 19:48have
- 19:48so
- 19:48many
- 19:48different
- 19:49ways
- 19:49in
- 19:49which
- 19:49I
- 19:49can
- 19:50pull
- 19:50the
- 19:50levers.
- 19:51Why
- 19:51is
- 19:51this
- 19:51the
- 19:51one
- 19:52I
- 19:52should
- 19:52prioritize?
- 19:53And
- 19:53that's
- 19:53where
- 19:54I
- 19:54hold
- 19:54some
- 19:54of
- 19:54the
- 19:54supply
- 19:54chain
- 19:55folks
- 19:55accountable
- 19:56to.
- 19:56Don't
- 19:56throw
- 19:57a
- 19:57bunch
- 19:57of
- 19:57metrics
- 19:57and
- 19:58measurements
- 19:58at
- 19:58me
- 19:58that
- 19:58I
- 19:59don't
- 19:59understand.
- 20:00Connect
- 20:00that
- 20:00back
- 20:00to
- 20:01the
- 20:01thing
- 20:01I
- 20:01care
- 20:01about.
- 20:02And
- 20:02I
- 20:02will,
- 20:03and
- 20:03I
- 20:03will
- 20:03drive
- 20:04that.
- 20:05But
- 20:06that
- 20:06consistency
- 20:06in
- 20:07being
- 20:07able
- 20:07to
- 20:07do
- 20:08that
- 20:08is
- 20:08where
- 20:09I
- 20:09see
- 20:09some
- 20:09of
- 20:09the
- 20:09gap
- 20:09in
- 20:10these
- 20:10organizations.
- 20:11And
- 20:12I
- 20:12mean,
- 20:12that's
- 20:12a
- 20:12real
- 20:13challenge.
- 20:13They're
- 20:13operating
- 20:14in
- 20:14different
- 20:14systems
- 20:15sometimes,
- 20:17you
- 20:17know,
- 20:17that
- 20:17can
- 20:18create
- 20:18some
- 20:18challenges
- 20:18to
- 20:19being
- 20:19able
- 20:19to
- 20:19do
- 20:19that.
- 20:20But
- 20:21that
- 20:21is
- 20:21where
- 20:21I
- 20:21will
- 20:21come
- 20:22to
- 20:22the
- 20:22defense
- 20:22of
- 20:22the
- 20:22merchants.
- 20:23They
- 20:23typically
- 20:24tend
- 20:24to
- 20:24be
- 20:24rational.
- 20:24If
- 20:25you
- 20:25show
- 20:25them
- 20:25something
- 20:26that
- 20:26says
- 20:26how
- 20:26it
- 20:27can
- 20:27improve
- 20:27their
- 20:27performance,
- 20:29you
- 20:29know,
- 20:30they'll,
- 20:30they'll
- 20:30do
- 20:31it,
- 20:31they'll
- 20:31lean
- 20:31into
- 20:31it,
- 20:32but
- 20:32you
- 20:32got
- 20:32to
- 20:32be
- 20:32able
- 20:32to
- 20:32show
- 20:32it
- 20:33to
- 20:33them.
- 20:34Oh
- 20:34yeah,
- 20:35that's
- 20:35great.
- 20:36So,
- 20:36so,
- 20:36so
- 20:36basically
- 20:37what
- 20:37you're
- 20:37saying,
- 20:37it's
- 20:37a
- 20:37leadership
- 20:38and
- 20:38a
- 20:38management,
- 20:39you
- 20:39know,
- 20:39issue
- 20:39here
- 20:40in
- 20:40a
- 20:40lot
- 20:40of
- 20:40ways
- 20:40too,
- 20:41between
- 20:41the,
- 20:42or
- 20:43the,
- 20:43across
- 20:43the
- 20:43junction
- 20:44between
- 20:44supply
- 20:44chain
- 20:45and
- 20:45merchandising
- 20:46leadership
- 20:46and
- 20:46their
- 20:47management
- 20:47tactics.
- 20:48So.
- 20:48But
- 20:48Brent,
- 20:48I
- 20:49want
- 20:49to
- 20:49put
- 20:49your
- 20:49feet
- 20:49to
- 20:49the
- 20:49fire
- 20:49a
- 20:50little
- 20:50bit,
- 20:51you
- 20:51know.
- 20:51And
- 20:51by
- 20:51the
- 20:52way,
- 20:52I
- 20:52question
- 20:52whether
- 20:53anyone
- 20:53ever
- 20:53needs
- 20:53to
- 20:53come
- 20:54to
- 20:54the
- 20:54defense
- 20:54of
- 20:54the
- 20:54merchants
- 20:55given
- 20:55their
- 20:55traditional
- 20:56roles
- 20:56inside
- 20:56an
- 20:56organization.
- 20:57But
- 20:58with
- 20:58that
- 20:59said,
- 20:59I
- 20:59want
- 20:59to
- 20:59put
- 20:59your
- 20:59feet
- 21:00to
- 21:00the
- 21:00fire
- 21:00here
- 21:00because
- 21:00what
- 21:01you
- 21:01both
- 21:01are
- 21:01talking
- 21:01about,
- 21:03I
- 21:03think
- 21:03anyone
- 21:03watching
- 21:04here
- 21:04and
- 21:05for
- 21:05those
- 21:05watching
- 21:06live,
- 21:06let
- 21:06me
- 21:06know
- 21:06if
- 21:07you
- 21:07agree.
- 21:07But
- 21:08I
- 21:08think
- 21:08generally
- 21:08people
- 21:09are
- 21:09probably
- 21:09buying
- 21:10into
- 21:10what
- 21:10you're
- 21:10saying,
- 21:10that
- 21:11we
- 21:11need
- 21:11more
- 21:11alignment
- 21:12across
- 21:12metrics
- 21:13and
- 21:13communication
- 21:14and
- 21:14strategies
- 21:15between
- 21:15the
- 21:15two
- 21:15orgs.
- 21:16But
- 21:16how
- 21:16do
- 21:16you
- 21:17actually
- 21:17do
- 21:17it?
- 21:18So,
- 21:18Brandon,
- 21:19what
- 21:19have
- 21:19you
- 21:19seen
- 21:20that's
- 21:20crucial
- 21:20for
- 21:21success
- 21:21to
- 21:21get
- 21:22this
- 21:22implemented?
- 21:25Yeah,
- 21:25I
- 21:25mean,
- 21:26I
- 21:26would
- 21:27say
- 21:27A
- 21:27lot
- 21:27of
- 21:27it
- 21:27starts
- 21:28with
- 21:28a
- 21:28focus.
- 21:29There's
- 21:30so
- 21:30many
- 21:30different
- 21:30areas
- 21:31you
- 21:31could
- 21:31go
- 21:31and
- 21:31tackle.
- 21:33When
- 21:33you
- 21:33talk
- 21:34supply
- 21:34chain
- 21:34and
- 21:34supply
- 21:35chain
- 21:35performance,
- 21:36I
- 21:36mean,
- 21:37it
- 21:37can
- 21:38almost
- 21:38be,
- 21:42it
- 21:42can
- 21:42be
- 21:42paralyzing
- 21:43a
- 21:43bit
- 21:44when
- 21:44you
- 21:44look
- 21:44at
- 21:44all
- 21:44the
- 21:44different
- 21:45areas
- 21:45you
- 21:45can
- 21:45touch.
- 21:46And
- 21:47I
- 21:47do
- 21:47think
- 21:48really
- 21:49where
- 21:49I've
- 21:49seen
- 21:50organizations
- 21:50start
- 21:51to
- 21:51be
- 21:51able
- 21:51to
- 21:51accelerate
- 21:52some
- 21:52change
- 21:52here
- 21:53is
- 21:53really
- 21:53looking
- 21:54at
- 21:54the
- 21:54interaction
- 21:55between
- 21:55them
- 21:55and
- 21:55their
- 21:55suppliers
- 21:56and
- 21:57those
- 21:57points
- 21:57of
- 21:57interaction
- 21:58they
- 21:58have
- 21:58with
- 21:59their
- 21:59suppliers
- 21:59and
- 22:00kind
- 22:00of
- 22:00saying,
- 22:00where
- 22:01is
- 22:01it
- 22:02that
- 22:02we
- 22:02have
- 22:02some
- 22:03disruption
- 22:04in
- 22:04the
- 22:04way
- 22:04in
- 22:05which
- 22:05we
- 22:05work
- 22:05across
- 22:06our
- 22:06supply
- 22:06chain
- 22:07and
- 22:07how
- 22:07we
- 22:07connect
- 22:07with
- 22:08suppliers?
- 22:08Is
- 22:09that
- 22:09on
- 22:09our
- 22:09receiving
- 22:10process?
- 22:10Is
- 22:11that
- 22:11on
- 22:11our
- 22:11ordering
- 22:12process?
- 22:12Could
- 22:13it
- 22:13be
- 22:13even
- 22:13further
- 22:13upstream
- 22:14on
- 22:14like,
- 22:14are
- 22:14we
- 22:15poor
- 22:15at
- 22:15our
- 22:15planning
- 22:16process
- 22:17or
- 22:17suppliers
- 22:17don't
- 22:17even
- 22:18know
- 22:18what
- 22:18we're
- 22:18bringing?
- 22:19Where
- 22:19is
- 22:19it
- 22:20that
- 22:20we're
- 22:20struggling
- 22:21a
- 22:21bit
- 22:21here
- 22:22and
- 22:22pick
- 22:22off
- 22:22one
- 22:23of
- 22:23those
- 22:23key
- 22:23points
- 22:24and
- 22:24then
- 22:25start
- 22:25to
- 22:25hone
- 22:25in
- 22:25on,
- 22:26well,
- 22:26okay,
- 22:27how
- 22:27have
- 22:27we
- 22:27set
- 22:27the
- 22:28expectations
- 22:28with
- 22:29our
- 22:29suppliers?
- 22:30Have
- 22:30we
- 22:30set
- 22:30the
- 22:30appropriate
- 22:31expectations
- 22:31internally
- 22:32and
- 22:32being
- 22:33able
- 22:33to
- 22:33look
- 22:33at
- 22:33that
- 22:34analysis
- 22:34across
- 22:35their
- 22:36industry
- 22:36and
- 22:36market
- 22:37to
- 22:37say,
- 22:37hey,
- 22:38you
- 22:39know,
- 22:39we're,
- 22:39we're
- 22:40operating
- 22:40with
- 22:40two
- 22:41week
- 22:41lead
- 22:41times
- 22:41on
- 22:42most
- 22:42of
- 22:42our
- 22:42orders,
- 22:43where
- 22:43the
- 22:43reality
- 22:44is
- 22:44most
- 22:44of
- 22:44our
- 22:45competitors
- 22:45are
- 22:45planning
- 22:46four
- 22:46weeks
- 22:47out
- 22:47or
- 22:47six
- 22:48weeks
- 22:48out
- 22:48and
- 22:48maybe
- 22:48that's
- 22:49part
- 22:49of
- 22:49where
- 22:49the
- 22:49pain
- 22:50is
- 22:50with
- 22:50us
- 22:50and
- 22:51the
- 22:51suppliers.
- 22:51So
- 22:52it's
- 22:52kind
- 22:53of
- 22:53taking
- 22:53a
- 22:53look
- 22:53at
- 22:53those
- 22:54connection
- 22:54points
- 22:54into
- 22:54the
- 22:55suppliers,
- 22:55seeing
- 22:56where
- 22:56those
- 22:56biggest
- 22:57areas
- 22:57of
- 22:58pain
- 22:58are,
- 22:58focusing
- 22:59in
- 22:59on
- 22:59one
- 22:59or
- 22:59two
- 22:59of
- 23:00those
- 23:00and
- 23:00then
- 23:02looking
- 23:02at
- 23:02it
- 23:02through
- 23:02the
- 23:02lens
- 23:03of
- 23:03have
- 23:03I
- 23:03been
- 23:03clear
- 23:04internally
- 23:04around
- 23:04what
- 23:05our
- 23:05expectations
- 23:05are
- 23:06and
- 23:06are
- 23:06those
- 23:06consistent
- 23:07and
- 23:07then
- 23:07have
- 23:08I
- 23:08communicated
- 23:08that
- 23:08out
- 23:09to
- 23:09the
- 23:09supplier
- 23:10and
- 23:10then
- 23:10I
- 23:10can
- 23:11start
- 23:11to
- 23:11drive
- 23:11the
- 23:12performance
- 23:12improvement
- 23:13in
- 23:13those
- 23:14areas.
- 23:14But
- 23:14when
- 23:15we
- 23:15see
- 23:15organizations
- 23:16try
- 23:16to
- 23:16go
- 23:16too
- 23:16broad
- 23:17and
- 23:17too
- 23:17fast
- 23:18all
- 23:18at
- 23:18once,
- 23:19you
- 23:19lose
- 23:19focus.
- 23:21And
- 23:21when
- 23:22I
- 23:22see
- 23:22it
- 23:23only
- 23:23internally,
- 23:24but
- 23:24it
- 23:25not
- 23:25necessarily
- 23:25incorporate
- 23:26how
- 23:26the
- 23:26suppliers
- 23:27are
- 23:27going
- 23:27to
- 23:27need
- 23:27to
- 23:27operate,
- 23:28you
- 23:28also
- 23:29see
- 23:29it
- 23:29fail.
- 23:30That's
- 23:30a
- 23:30great
- 23:30point.
- 23:31Especially
- 23:31because
- 23:31in
- 23:31supply
- 23:31chain
- 23:32you
- 23:32can
- 23:32almost
- 23:32measure
- 23:33anything
- 23:33too,
- 23:34right?
- 23:34Like
- 23:34you
- 23:34can,
- 23:35you
- 23:35can
- 23:35almost
- 23:35overload
- 23:35yourself
- 23:36with
- 23:36data
- 23:36if
- 23:36you're
- 23:36not
- 23:36careful.
- 23:37I'm
- 23:37curious,
- 23:37so
- 23:37Brandon,
- 23:38in
- 23:38your,
- 23:39in
- 23:39your
- 23:39history
- 23:40or
- 23:40in
- 23:40your
- 23:40experience,
- 23:41which
- 23:41is
- 23:41pretty
- 23:41extensive
- 23:42at
- 23:42this
- 23:42point,
- 23:43is
- 23:43are
- 23:43there
- 23:44any
- 23:44like
- 23:44one
- 23:45or
- 23:45two
- 23:45or
- 23:45three
- 23:46key
- 23:46metrics
- 23:47that
- 23:47you
- 23:47would
- 23:47tell
- 23:47people?
- 23:48Yeah,
- 23:48if
- 23:48you
- 23:48probably
- 23:48focus
- 23:49on
- 23:49this,
- 23:49it's
- 23:49probably
- 23:50going
- 23:50to
- 23:50help
- 23:50you.
- 23:50Particularly
- 23:51if
- 23:51you're
- 23:51starting
- 23:51from
- 23:51ground
- 23:52zero
- 23:52in
- 23:52this
- 23:52conversation.
- 23:53Yeah,
- 23:54well,
- 23:54it
- 23:55is
- 23:55that
- 23:55on
- 23:55time
- 23:55info
- 23:56that
- 23:56One
- 23:58and
- 23:58I
- 24:02got
- 24:02an.
- 24:02OTIF
- 24:03in
- 24:03my
- 24:03back.
- 24:04Actually.
- 24:06I
- 24:07did
- 24:07not
- 24:07realize
- 24:07I
- 24:07was
- 24:08breaking
- 24:08that
- 24:08term
- 24:08out.
- 24:09I've
- 24:09just
- 24:09become
- 24:11immersed
- 24:12in
- 24:12supply
- 24:13chain
- 24:13that
- 24:13it
- 24:13just
- 24:14has
- 24:14become
- 24:14a
- 24:15natural
- 24:15for
- 24:15me.
- 24:16But
- 24:16no,
- 24:16that
- 24:17on
- 24:17time
- 24:17and
- 24:17full,
- 24:18there's
- 24:18so
- 24:18many
- 24:18things
- 24:19that
- 24:19stem
- 24:19from
- 24:19that
- 24:20and
- 24:20levers
- 24:20you.
- 24:21If
- 24:22I
- 24:22know
- 24:22my
- 24:22suppliers
- 24:23are
- 24:23consistently
- 24:24shipping
- 24:24me
- 24:24on
- 24:24time,
- 24:25then
- 24:25I
- 24:25might
- 24:25be
- 24:26able
- 24:26to
- 24:26start
- 24:26to
- 24:26work
- 24:26with
- 24:26my
- 24:27ship
- 24:27windows
- 24:27with
- 24:27them
- 24:28am
- 24:29I
- 24:29ordering
- 24:29two
- 24:30weeks
- 24:30in
- 24:30advance?
- 24:30But
- 24:30they're
- 24:31always
- 24:31shipping
- 24:31me
- 24:31on
- 24:31time.
- 24:32Can
- 24:32I
- 24:32maybe
- 24:32talk
- 24:33to
- 24:33them
- 24:33about
- 24:33could
- 24:33we
- 24:33do
- 24:34that
- 24:34a
- 24:34week
- 24:34in
- 24:34advance
- 24:35and
- 24:35still
- 24:35see
- 24:35that
- 24:36that
- 24:36allows
- 24:36me
- 24:36to
- 24:37be
- 24:37more
- 24:37flexible
- 24:38in
- 24:38how
- 24:38I'm
- 24:39responding
- 24:40to
- 24:40sales
- 24:41performance,
- 24:42things
- 24:42like
- 24:44is
- 24:44it
- 24:44coming
- 24:44in
- 24:45full?
- 24:45And
- 24:45if
- 24:46they're
- 24:46shipping
- 24:46me
- 24:4650%
- 24:47of
- 24:47my
- 24:47product
- 24:48every
- 24:48time,
- 24:48and
- 24:48I
- 24:49don't
- 24:49know
- 24:49that
- 24:50until
- 24:50it
- 24:50comes
- 24:50into
- 24:51my
- 24:51distribution
- 24:51center.
- 24:52Well,
- 24:52I'm
- 24:53sitting
- 24:53on
- 24:53expecting
- 24:54this
- 24:54inventory
- 24:55to
- 24:55come
- 24:55in
- 24:55and
- 24:55I'm
- 24:55likely
- 24:56not
- 24:56buying
- 24:56replan
- 24:57or
- 24:58I
- 24:58haven't
- 24:58invested
- 24:59in
- 24:59some
- 24:59other
- 24:59product.
- 25:00And
- 25:00so
- 25:01it's
- 25:01pretty
- 25:01basic
- 25:02when
- 25:02you
- 25:02get
- 25:03there.
- 25:03But
- 25:04that
- 25:04metric,
- 25:04you
- 25:05can
- 25:05do
- 25:05so
- 25:05much
- 25:06when
- 25:06you're
- 25:07able
- 25:07to
- 25:07drive
- 25:07that
- 25:08up.
- 25:09And
- 25:10again,
- 25:10Chris,
- 25:10this
- 25:10is
- 25:10where
- 25:11I've
- 25:11said
- 25:11when
- 25:12we've
- 25:12started
- 25:12to
- 25:12measure
- 25:13this
- 25:13with
- 25:13organizations,
- 25:14they're
- 25:14shocked
- 25:15at
- 25:15the
- 25:16current
- 25:16state
- 25:16of
- 25:16what
- 25:17that
- 25:17looks
- 25:17like.
- 25:17They're
- 25:17just
- 25:18especially
- 25:18merchants,
- 25:19they
- 25:20constantly
- 25:20will
- 25:20say
- 25:20that's
- 25:21wrong.
- 25:21And
- 25:21it's
- 25:22like,
- 25:22no,
- 25:22you
- 25:22actually
- 25:22exempted
- 25:23that
- 25:23supplier
- 25:24and
- 25:24you
- 25:25didn't
- 25:25even
- 25:25realize
- 25:26how
- 25:26much
- 25:26that
- 25:26would
- 25:27impact
- 25:27the
- 25:28downstream
- 25:29supply
- 25:29chain.
- 25:30So
- 25:30OTIF
- 25:31is
- 25:31probably
- 25:32the
- 25:32one
- 25:32that
- 25:33it
- 25:33incorporates
- 25:33a
- 25:33couple
- 25:34of
- 25:34things.
- 25:34It's
- 25:34the
- 25:34on
- 25:35time
- 25:35and
- 25:35it's
- 25:36the
- 25:36in
- 25:36full.
- 25:36And
- 25:37if
- 25:37you
- 25:37can
- 25:38create
- 25:39better
- 25:39performance
- 25:40in
- 25:40those
- 25:40two,
- 25:41there's
- 25:41so
- 25:41much
- 25:41you
- 25:41can
- 25:41do
- 25:42in
- 25:42pulling
- 25:42down
- 25:42inventory
- 25:43levels,
- 25:44cutting
- 25:44down
- 25:45some
- 25:45lead
- 25:45times
- 25:47and
- 25:47improving
- 25:48the
- 25:48throughput
- 25:49when
- 25:49you
- 25:49do
- 25:49receive
- 25:50it,
- 25:50you're
- 25:50able
- 25:50to
- 25:50now
- 25:51not
- 25:51sit
- 25:51on
- 25:52inventory
- 25:52that
- 25:52you
- 25:52didn't
- 25:52know
- 25:53was
- 25:53coming
- 25:53and
- 25:54now
- 25:54all
- 25:54of
- 25:54a
- 25:54sudden
- 25:54you're
- 25:54moving
- 25:55it
- 25:55through
- 25:55your
- 25:55DCs
- 25:56or
- 25:56your
- 25:56backrooms
- 25:56or
- 25:56your
- 25:57stores
- 25:57much
- 25:57faster.
- 25:58Got
- 25:59it.
- 25:59So
- 25:59OTIF
- 26:00is
- 26:00the
- 26:00acronym
- 26:00of
- 26:00the
- 26:01day
- 26:01then
- 26:01I
- 26:01guess
- 26:02that's
- 26:02my
- 26:02big
- 26:03takeaway
- 26:03from
- 26:03this
- 26:04webinar.
- 26:04And
- 26:04it
- 26:05brings
- 26:05up
- 26:05the
- 26:05point
- 26:05too
- 26:05about
- 26:06including
- 26:06the
- 26:06suppliers
- 26:07in
- 26:07that
- 26:07conversation
- 26:08as
- 26:08well.
- 26:08If
- 26:08you
- 26:09don't
- 26:09do
- 26:09that,
- 26:09you're
- 26:09going
- 26:09to
- 26:10miss
- 26:10out
- 26:10on
- 26:10the
- 26:10importance
- 26:11of
- 26:11this
- 26:11metric
- 26:12aligning
- 26:12your
- 26:12organization
- 26:13as
- 26:13well.
- 26:13So,
- 26:13Mayan,
- 26:14I'm
- 26:14curious
- 26:14any
- 26:15color
- 26:15you
- 26:15would
- 26:15add
- 26:15to
- 26:16this
- 26:16discussion,
- 26:16any
- 26:17additional
- 26:17metrics
- 26:17you
- 26:17would
- 26:18add
- 26:18into
- 26:18the
- 26:18mix?
- 26:19Yeah,
- 26:20Team
- 26:20supply
- 26:21Chain.
- 26:21Let's
- 26:21hear
- 26:21what
- 26:22you
- 26:22have
- 26:22to
- 26:22say
- 26:22Mayan.
- 26:24So
- 26:24for
- 26:25me
- 26:25again,
- 26:25OTIF
- 26:26is
- 26:26something
- 26:26that
- 26:27I've
- 26:27implemented
- 26:28in
- 26:28any
- 26:28organization
- 26:29I
- 26:29joined.
- 26:30It's
- 26:30my
- 26:30first
- 26:31step
- 26:31to
- 26:31understand
- 26:32what
- 26:33should
- 26:33be
- 26:33my
- 26:33action
- 26:33plan.
- 26:34Because
- 26:34you
- 26:35start
- 26:35with
- 26:35a
- 26:35number
- 26:36and
- 26:36you
- 26:36say
- 26:36okay,
- 26:37is
- 26:37this
- 26:37number
- 26:37good
- 26:38or
- 26:38bad?
- 26:38And
- 26:39then
- 26:39you
- 26:39say
- 26:39okay,
- 26:39what
- 26:39number
- 26:40do
- 26:40I
- 26:40want
- 26:40to
- 26:40get
- 26:40you
- 26:41and
- 26:41what
- 26:41is
- 26:41my
- 26:42five
- 26:42year
- 26:42plan?
- 26:43And
- 26:43then
- 26:43you
- 26:43go
- 26:43to
- 26:43okay.
- 26:44So
- 26:44if
- 26:44today
- 26:44let's
- 26:45say
- 26:45I'm
- 26:45on
- 26:4580
- 26:46and
- 26:46in
- 26:46five
- 26:46years
- 26:47I
- 26:47want
- 26:47to
- 26:47get
- 26:47to
- 26:4798
- 26:48because
- 26:48you
- 26:48can
- 26:48get
- 26:49100.
- 26:49100
- 26:49means
- 26:50infinity
- 26:51of
- 26:51inventory.
- 26:53If
- 26:53you
- 26:53want
- 26:53to
- 26:54close
- 26:54that
- 26:54gap,
- 26:55what
- 26:55actions
- 26:55do
- 26:55you
- 26:55need
- 26:56to
- 26:56take?
- 26:56Do
- 26:56you
- 26:56need
- 26:56to
- 26:57increase
- 26:57your
- 26:57forecast
- 26:58accuracy?
- 26:59Do
- 26:59you
- 26:59need
- 26:59to
- 27:00increase
- 27:00your
- 27:00supplier
- 27:01on
- 27:01time?
- 27:02Do
- 27:02you
- 27:02need
- 27:03to
- 27:03increase
- 27:04your
- 27:04output
- 27:05from
- 27:05your
- 27:06DCs?
- 27:07And
- 27:07I
- 27:07can
- 27:08give
- 27:08so
- 27:08many
- 27:08examples
- 27:09as
- 27:09a
- 27:09customer
- 27:10where
- 27:12I've
- 27:13ordered
- 27:13five
- 27:13packs
- 27:14of
- 27:14batteries.
- 27:15I
- 27:15got
- 27:16five
- 27:17boxes
- 27:18in
- 27:18separate
- 27:19days
- 27:19of
- 27:20batteries.
- 27:20Me
- 27:21as
- 27:21a
- 27:21customer
- 27:22receiving
- 27:22five
- 27:22boxes
- 27:24is
- 27:24just
- 27:24a
- 27:25waste,
- 27:25right?
- 27:26But
- 27:27the
- 27:31retail
- 27:31that
- 27:31sent
- 27:32it
- 27:32to
- 27:32me
- 27:33wanted
- 27:33to
- 27:33get
- 27:33me
- 27:33the
- 27:34product
- 27:34as
- 27:34fast
- 27:34as
- 27:35possible.
- 27:35Now
- 27:36again
- 27:36you
- 27:36go
- 27:36into
- 27:37a
- 27:38very
- 27:38different
- 27:38conversation
- 27:39of
- 27:40what
- 27:40is
- 27:41the
- 27:41in
- 27:41full
- 27:41that
- 27:41the
- 27:42customer
- 27:42is
- 27:42actually
- 27:43looking
- 27:43for
- 27:43is
- 27:44in
- 27:44full
- 27:44for
- 27:45them
- 27:45as
- 27:45soon
- 27:45as
- 27:46possible
- 27:46or
- 27:46in
- 27:47full
- 27:47for
- 27:47them
- 27:48is
- 27:48packaged
- 27:49together.
- 27:49When
- 27:50you
- 27:50have
- 27:50everything
- 27:50available
- 27:51for
- 27:51me,
- 27:51then
- 27:52ship
- 27:52it.
- 27:53There's
- 27:53so
- 27:53much
- 27:54detail.
- 27:54You
- 27:54can
- 27:55go
- 27:55in
- 27:55it.
- 27:56Now
- 27:57Otif
- 27:57is
- 27:58really
- 27:58great.
- 27:58But
- 27:59how
- 27:59I
- 27:59can
- 27:59also
- 28:00connect
- 28:00between
- 28:01the
- 28:01merchant
- 28:02and
- 28:02supply
- 28:03chain
- 28:03is
- 28:03the
- 28:03cash
- 28:04conversion
- 28:04cycle.
- 28:05Because
- 28:05the
- 28:05merchant
- 28:06is
- 28:06really
- 28:09key
- 28:10to
- 28:10the
- 28:12sales
- 28:12outstanding
- 28:13and
- 28:14the
- 28:14payment
- 28:14outstanding
- 28:15right.
- 28:15In
- 28:15their
- 28:16relationship.
- 28:16And
- 28:17then
- 28:17when
- 28:17you
- 28:18talk
- 28:18about
- 28:18supply
- 28:18chain,
- 28:19it's
- 28:19inventory
- 28:20outstanding,
- 28:20right?
- 28:21So
- 28:21now
- 28:21you
- 28:22have
- 28:22those
- 28:23financial
- 28:23KPIs
- 28:24that
- 28:25you
- 28:25can
- 28:25use
- 28:26together
- 28:27as
- 28:27two
- 28:28organization
- 28:29discussing
- 28:30with
- 28:30finance
- 28:31and
- 28:31with
- 28:31the
- 28:32CEO
- 28:32to
- 28:33say
- 28:33here
- 28:33is
- 28:34how
- 28:34we
- 28:34as
- 28:34an
- 28:34organization
- 28:36better
- 28:37manage
- 28:37our
- 28:38cash
- 28:39and
- 28:40capital,
- 28:41right?
- 28:43Yeah,
- 28:43it
- 28:43sounds
- 28:43like
- 28:44everybody's
- 28:44benefiting
- 28:45from
- 28:45that.
- 28:46If
- 28:46you
- 28:46can
- 28:46do
- 28:46what
- 28:47you
- 28:47and
- 28:47Brandon
- 28:47are
- 28:47talking
- 28:48about
- 28:48Mayan,
- 28:48which
- 28:49is
- 28:49work
- 28:49off
- 28:50a
- 28:50similar
- 28:52metrics
- 28:52or
- 28:53at
- 28:53least
- 28:53use
- 28:54goals
- 28:54like
- 28:54OTIF
- 28:55to
- 28:55start
- 28:55out
- 28:55with,
- 28:56to
- 28:56get
- 28:56on
- 28:56the
- 28:57same
- 28:57page
- 28:57and
- 28:58then
- 28:58to
- 28:58start
- 28:58to
- 28:58look
- 28:59at
- 28:59how
- 28:59you
- 29:00combine
- 29:01really
- 29:01like
- 29:02your
- 29:02KPIs
- 29:03or
- 29:03what's
- 29:04driving
- 29:05the
- 29:05growth
- 29:05of
- 29:05the
- 29:06business
- 29:06in
- 29:07merchandising
- 29:07and
- 29:08in
- 29:08supply
- 29:08chain.
- 29:10I
- 29:10also
- 29:10like
- 29:10the
- 29:11customer
- 29:11perspective
- 29:12and
- 29:12I'm
- 29:12curious
- 29:12Mayan,
- 29:13like
- 29:13you
- 29:13mentioned,
- 29:14you
- 29:14know,
- 29:14as
- 29:15a
- 29:15customer,
- 29:15do
- 29:15I
- 29:15want
- 29:16to
- 29:16get
- 29:16five
- 29:16individual
- 29:17boxes
- 29:17or
- 29:18one
- 29:18box
- 29:18with
- 29:18five?
- 29:19Do
- 29:19you
- 29:20find
- 29:20that
- 29:20there's
- 29:21interest
- 29:21on
- 29:21the
- 29:22retailer
- 29:22side
- 29:23now
- 29:23to
- 29:23have
- 29:24visibility
- 29:25because
- 29:25it's
- 29:26yes,
- 29:26less
- 29:27money
- 29:27for
- 29:27me
- 29:27as
- 29:28a
- 29:28retailer
- 29:28to
- 29:28ship
- 29:28this
- 29:29product
- 29:29but
- 29:29also
- 29:30my
- 29:30consumers
- 29:31expectations
- 29:31are
- 29:31changing
- 29:32as
- 29:32to,
- 29:33you
- 29:33know,
- 29:34what's
- 29:34the
- 29:34more
- 29:35sustainable
- 29:35option
- 29:36or
- 29:36you
- 29:36know,
- 29:36what's
- 29:37happening.
- 29:37Like
- 29:37is
- 29:38that
- 29:38playing
- 29:38into
- 29:39some
- 29:39of
- 29:39the
- 29:39retailers
- 29:40investments
- 29:41in
- 29:41some
- 29:41of
- 29:41these,
- 29:42these
- 29:43strategies?
- 29:45Absolutely.
- 29:46And
- 29:46you'll
- 29:46hear
- 29:46the
- 29:47subject
- 29:47of
- 29:47sustainable
- 29:48supply
- 29:49chain
- 29:49coming
- 29:49up
- 29:50a
- 29:50lot.
- 29:50Right.
- 29:50And
- 29:51it's
- 29:51part
- 29:51of
- 29:51it
- 29:52as
- 29:52well
- 29:52is
- 29:53not
- 29:53only
- 29:54thinking
- 29:54how
- 29:55you
- 29:55within
- 29:55your
- 29:56organization
- 29:57is
- 29:58managing
- 29:59those
- 29:59expectations,
- 30:00but
- 30:00what
- 30:01is
- 30:01the
- 30:01supplier
- 30:02expectation
- 30:02and
- 30:03what
- 30:03is
- 30:03the
- 30:03customer
- 30:04expect?
- 30:05I
- 30:05can
- 30:05switch
- 30:06that
- 30:06battery
- 30:07example
- 30:07to
- 30:08say
- 30:08okay,
- 30:08the
- 30:08supplier
- 30:09now
- 30:09shipped
- 30:09me
- 30:10five
- 30:10boxes
- 30:11of
- 30:11those
- 30:12batteries.
- 30:12I
- 30:12need
- 30:13to
- 30:13open
- 30:13five
- 30:14boxes,
- 30:14I
- 30:14need
- 30:15to
- 30:15put
- 30:15them
- 30:15on
- 30:15the
- 30:16shelf,
- 30:16I
- 30:16need
- 30:17to
- 30:17do
- 30:18all
- 30:18those
- 30:18activities
- 30:19five
- 30:19times
- 30:19instead
- 30:20of
- 30:20I
- 30:20got
- 30:21one
- 30:21box
- 30:21with
- 30:21consolidated
- 30:24material,
- 30:24for
- 30:25example.
- 30:25So
- 30:26any
- 30:26example
- 30:27that
- 30:27I
- 30:27give
- 30:27on
- 30:28the
- 30:28customer
- 30:28side,
- 30:29you
- 30:29can
- 30:29flip
- 30:29it
- 30:29on
- 30:30the
- 30:30supplier
- 30:30side
- 30:31because
- 30:31at
- 30:31the
- 30:31end
- 30:31of
- 30:32the
- 30:32day
- 30:32the
- 30:32retailer
- 30:33becomes
- 30:35the
- 30:35customer
- 30:35of
- 30:36the.
- 30:37Right.
- 30:38Great
- 30:38point.
- 30:38Right,
- 30:39Right.
- 30:40Oh
- 30:41well,
- 30:41I
- 30:42want
- 30:42to,
- 30:42I
- 30:42want
- 30:42to
- 30:42kind
- 30:43of
- 30:43start
- 30:43to
- 30:44close
- 30:44out
- 30:44the
- 30:44conversation
- 30:45with
- 30:46planning
- 30:46ahead
- 30:46for
- 30:47next
- 30:47year.
- 30:48The
- 30:49teams
- 30:49listening
- 30:49to
- 30:50this
- 30:50on
- 30:50this
- 30:50live
- 30:51event
- 30:51today
- 30:52are
- 30:52deep
- 30:53in
- 30:53the
- 30:53throes
- 30:53of
- 30:53kind
- 30:54of
- 30:54getting
- 30:54ready
- 30:54for
- 30:542025.
- 30:55So
- 30:56Brandon,
- 30:57I'd
- 30:57love
- 30:57to
- 30:57go
- 30:57to
- 30:57you
- 30:58first.
- 30:58Like
- 30:58what's
- 30:58your
- 30:59advice
- 30:59for
- 30:59them
- 31:00as
- 31:00they
- 31:00kick
- 31:00off
- 31:01some
- 31:01of
- 31:01these
- 31:01initiatives
- 31:02that
- 31:02we've
- 31:02talked
- 31:03about
- 31:03today
- 31:03or
- 31:04try
- 31:04to
- 31:05kind
- 31:05of
- 31:05merge
- 31:06the
- 31:06gap
- 31:07between,
- 31:07bridge
- 31:07the
- 31:07gap
- 31:08between
- 31:09their
- 31:09supply
- 31:09chain
- 31:09and
- 31:09merchandising
- 31:10teams?
- 31:11Yeah,
- 31:12I,
- 31:12I
- 31:13think,
- 31:13I
- 31:14mean
- 31:14I'll
- 31:14give
- 31:14a
- 31:14couple,
- 31:15a
- 31:15couple
- 31:15of
- 31:15thoughts
- 31:16there.
- 31:16So
- 31:16first
- 31:16off,
- 31:18I
- 31:18would
- 31:18challenge
- 31:19people
- 31:19to,
- 31:19on
- 31:19this,
- 31:20this
- 31:20term
- 31:20that
- 31:20we
- 31:21brought
- 31:21up,
- 31:21which
- 31:21is
- 31:21the
- 31:21term
- 31:22of
- 31:22the
- 31:22day
- 31:22apparently
- 31:22otiv,
- 31:24if
- 31:24you
- 31:24don't
- 31:25know
- 31:25how
- 31:26your
- 31:26suppliers
- 31:27are
- 31:27shipping
- 31:27you
- 31:27from
- 31:27an
- 31:28on
- 31:28time
- 31:28perspective,
- 31:29why
- 31:30not?
- 31:31I
- 31:31would
- 31:32challenge
- 31:32you
- 31:32on
- 31:32why
- 31:33don't
- 31:33you
- 31:33care
- 31:33about
- 31:34that?
- 31:35And
- 31:35if
- 31:35you
- 31:36are
- 31:36looking
- 31:36at
- 31:36that,
- 31:37have
- 31:37you
- 31:37set
- 31:38a
- 31:38goal
- 31:38towards
- 31:38what
- 31:39good
- 31:39should
- 31:39be
- 31:40and
- 31:40how
- 31:40did
- 31:40you
- 31:40arrive
- 31:41at
- 31:41what
- 31:41that
- 31:41goal
- 31:42of
- 31:42good
- 31:42should
- 31:43be?
- 31:43And
- 31:43have
- 31:43you
- 31:44communicated
- 31:44that
- 31:44to
- 31:45your
- 31:45suppliers?
- 31:45And
- 31:45then
- 31:45you
- 31:46look
- 31:46at
- 31:46the
- 31:46and
- 31:47in
- 31:47full
- 31:48and
- 31:48are
- 31:49they
- 31:49actually
- 31:49shipping
- 31:49meaningful?
- 31:50And
- 31:50again,
- 31:50if
- 31:50you're
- 31:51not
- 31:51measuring
- 31:51that,
- 31:51why
- 31:52not?
- 31:53And
- 31:53what
- 31:54does
- 31:54good
- 31:54look
- 31:55like?
- 31:56Because
- 31:56the
- 31:57OTIF
- 31:57concept
- 31:58brings
- 31:58those
- 31:59things
- 31:59together
- 32:00and
- 32:00it
- 32:00kind
- 32:00of
- 32:01creates
- 32:01that
- 32:01perfect
- 32:01marriage
- 32:02of
- 32:02it.
- 32:02But
- 32:02it
- 32:03starts
- 32:03with
- 32:03if
- 32:03you're
- 32:03not
- 32:04measuring
- 32:04it,
- 32:04why
- 32:04not?
- 32:05Even
- 32:06if
- 32:06you
- 32:06are,
- 32:06what
- 32:07does
- 32:07good
- 32:07look
- 32:07like
- 32:08and
- 32:08how
- 32:08are
- 32:08you
- 32:08communicating
- 32:09that
- 32:09out
- 32:10to
- 32:11other
- 32:11parties
- 32:11in
- 32:12your
- 32:12organization
- 32:12as
- 32:13well
- 32:13as
- 32:13your
- 32:13suppliers?
- 32:14Around
- 32:15what
- 32:15the
- 32:15expectations
- 32:16are.
- 32:16The
- 32:16other
- 32:17thing
- 32:17is
- 32:17if
- 32:17OTIF
- 32:18in
- 32:18that
- 32:18measurement
- 32:19piece
- 32:19feels
- 32:19too
- 32:20big
- 32:20as
- 32:20you're
- 32:21thinking
- 32:21about
- 32:21planning
- 32:22for
- 32:22next
- 32:22year,
- 32:24this
- 32:24might
- 32:24be
- 32:24the
- 32:24kumbaya
- 32:25of
- 32:25mine
- 32:26and
- 32:26I
- 32:26coming
- 32:26together,
- 32:26but
- 32:27it
- 32:27does,
- 32:28in
- 32:28my
- 32:28opinion
- 32:29the
- 32:29merchant
- 32:30team
- 32:30should
- 32:30sit
- 32:30there
- 32:30and
- 32:31it's
- 32:31some
- 32:31level
- 32:31of
- 32:31leadership.
- 32:32Sitting
- 32:32down
- 32:32with
- 32:32the
- 32:33supply
- 32:33chain
- 32:33team
- 32:33and
- 32:34saying
- 32:34to
- 32:34the
- 32:35supply
- 32:35chain
- 32:35group,
- 32:36what
- 32:36is
- 32:36the
- 32:36biggest
- 32:36disruption
- 32:37that
- 32:37goes
- 32:37on
- 32:37in
- 32:38the
- 32:38supply
- 32:38chain
- 32:38today
- 32:39that
- 32:39doesn't
- 32:39allow
- 32:40that
- 32:40keeps
- 32:40you
- 32:41from
- 32:41moving
- 32:41the
- 32:41goods
- 32:42through
- 32:42the
- 32:42supply
- 32:42chain
- 32:42as
- 32:43fast
- 32:43as
- 32:43possible.
- 32:44Just
- 32:44start
- 32:44with
- 32:44that
- 32:45question
- 32:45and
- 32:46then
- 32:46from
- 32:46there
- 32:46you
- 32:46can
- 32:47start
- 32:47to
- 32:47figure
- 32:47out,
- 32:48okay,
- 32:48what's
- 32:49my
- 32:49role
- 32:49in
- 32:50that?
- 32:50Oftentimes
- 32:51merchants
- 32:51don't
- 32:51even
- 32:52realize
- 32:52they
- 32:52play
- 32:52a
- 32:53role
- 32:53in
- 32:53what
- 32:54that
- 32:54disruption
- 32:55is.
- 32:56And
- 32:56then
- 32:56you
- 32:56can
- 32:57start
- 32:57to
- 32:57take
- 32:57that
- 32:57one
- 32:58big
- 32:58thing
- 32:59and
- 32:59start
- 32:59to
- 32:59unpack
- 33:00it
- 33:00and
- 33:00look
- 33:00at
- 33:00that.
- 33:01So
- 33:02and
- 33:02on
- 33:02the
- 33:03supply
- 33:03chain
- 33:03side,
- 33:05they
- 33:05need
- 33:05to
- 33:06be
- 33:06invested
- 33:06in
- 33:07what
- 33:07the
- 33:07merchant
- 33:08strategy
- 33:08is.
- 33:09What
- 33:09are
- 33:09the
- 33:09big
- 33:09categories
- 33:10you're
- 33:10going
- 33:10after?
- 33:11What
- 33:11are
- 33:11the
- 33:11channels?
- 33:12Am
- 33:12I
- 33:12set
- 33:12up
- 33:12for
- 33:13success
- 33:13to
- 33:13do
- 33:13that
- 33:14now?
- 33:14The
- 33:14best
- 33:14organizations
- 33:15are
- 33:15likely
- 33:16having
- 33:16that
- 33:16planning
- 33:17conversation
- 33:17at
- 33:17a
- 33:17high
- 33:18level.
- 33:18But
- 33:19I
- 33:19do
- 33:19think
- 33:19just
- 33:19even
- 33:19that
- 33:20intimate
- 33:21let's
- 33:21sit
- 33:22down
- 33:22and
- 33:22talk
- 33:22about
- 33:22it
- 33:25is
- 33:25critical
- 33:25for
- 33:25both
- 33:26parties.
- 33:27I
- 33:27mean
- 33:27Brandon,
- 33:28I
- 33:28think
- 33:28what
- 33:28you
- 33:28need
- 33:28to
- 33:29do
- 33:29is
- 33:29at
- 33:29NRF
- 33:30start
- 33:30handing
- 33:31out
- 33:31T
- 33:31shirts
- 33:32from
- 33:32SPSS
- 33:33booth
- 33:33that
- 33:33say
- 33:33your
- 33:34otif
- 33:34is
- 33:35off
- 33:35and
- 33:36you
- 33:37like
- 33:37we
- 33:37can
- 33:37help
- 33:37you
- 33:38find
- 33:38it
- 33:38and
- 33:38then
- 33:38they
- 33:39can
- 33:39wear
- 33:39that
- 33:39when
- 33:39they
- 33:40get
- 33:40back
- 33:40to
- 33:41their
- 33:41offices
- 33:41after
- 33:41NRF
- 33:42and
- 33:42then
- 33:42they
- 33:42can
- 33:43start
- 33:43that
- 33:43conversation.
- 33:45I'm
- 33:46more
- 33:46of
- 33:46a
- 33:46quarters
- 33:47guy
- 33:48and.
- 33:48But
- 33:49you
- 33:50know
- 33:50what
- 33:52Squeezy
- 33:52ball,
- 33:53you
- 33:53know,
- 33:53whatever.
- 33:53Yeah,
- 33:54yeah.
- 33:54Why
- 33:55would
- 33:55I
- 33:55say
- 33:55T
- 33:56shirt
- 33:57quarter
- 33:57zips
- 33:57are
- 33:58truly
- 33:58making
- 33:58a
- 33:59Comeback.
- 33:59It's
- 34:00the
- 34:0090s
- 34:00reboot.
- 34:01Brandon.
- 34:02Of
- 34:02course,
- 34:03of
- 34:03course.
- 34:03Quarter
- 34:04zips.
- 34:04Mayan,
- 34:05what
- 34:05would
- 34:05your
- 34:06advice
- 34:06be
- 34:07for
- 34:07the
- 34:07listeners
- 34:08here
- 34:08as
- 34:08we
- 34:08wrap
- 34:09up?
- 34:10So
- 34:10I
- 34:10would
- 34:11just
- 34:11repeat
- 34:11what
- 34:12Brandon
- 34:12said.
- 34:13Just
- 34:14meet
- 34:14together,
- 34:15cross
- 34:15functionally
- 34:16align
- 34:17on
- 34:17one
- 34:17true
- 34:18north.
- 34:18What
- 34:18is
- 34:19the
- 34:19metric
- 34:19that
- 34:20cross
- 34:20functionally
- 34:21will
- 34:21move
- 34:21us
- 34:22forward
- 34:23and
- 34:23then
- 34:24set
- 34:24up
- 34:25action
- 34:25plan
- 34:25toward
- 34:26it.
- 34:27We
- 34:27are
- 34:27recommending
- 34:27is
- 34:28otif
- 34:28and
- 34:28if
- 34:28it
- 34:29is,
- 34:29then
- 34:30understand
- 34:30what
- 34:31each
- 34:31of
- 34:31those
- 34:31department
- 34:32needs
- 34:32to
- 34:32do.
- 34:32Right.
- 34:33It's
- 34:33not
- 34:33let's
- 34:33set
- 34:33up
- 34:34OTIF
- 34:34and
- 34:34our
- 34:34supply
- 34:35chain
- 34:35need
- 34:35to
- 34:35go
- 34:35and
- 34:35do
- 34:35all
- 34:36the
- 34:36work.
- 34:36It's
- 34:37how
- 34:37do
- 34:37we
- 34:37educate
- 34:38both
- 34:38sides
- 34:39and
- 34:39assign
- 34:40activities
- 34:41for
- 34:41both
- 34:41sides
- 34:42to
- 34:42improve
- 34:42so
- 34:43we
- 34:43can
- 34:43continuously
- 34:44improve
- 34:44as
- 34:45an
- 34:45organization
- 34:46and
- 34:46achieve
- 34:46the
- 34:47growth
- 34:47that
- 34:47we
- 34:47set
- 34:48up.
- 34:49Yeah,
- 34:49I
- 34:49think
- 34:49that's
- 34:50a
- 34:50great
- 34:50point
- 34:50to
- 34:50close
- 34:50on
- 34:51the
- 34:51way
- 34:51I'D
- 34:51sum
- 34:51up
- 34:51what
- 34:51you
- 34:51guys
- 34:52both
- 34:52just
- 34:52said,
- 34:52too,
- 34:52is
- 34:53like,
- 34:53the
- 34:53first
- 34:53step
- 34:53is,
- 34:54you
- 34:54know,
- 34:54what
- 34:55is
- 34:55good,
- 34:55right?
- 34:55You
- 34:56got
- 34:56to
- 34:56define
- 34:56what
- 34:56good
- 34:56is.
- 34:57And
- 34:57then
- 34:57the
- 34:57next
- 34:57question,
- 34:58which
- 34:58I
- 34:58think
- 34:58is
- 34:58interesting
- 34:58too,
- 34:59is
- 34:59how
- 34:59good
- 35:00is
- 35:00your
- 35:00good?
- 35:00Which
- 35:00is
- 35:00a
- 35:00phrase
- 35:01that
- 35:01we
- 35:01love
- 35:01at
- 35:01Omnitalk,
- 35:02like,
- 35:02how
- 35:02good
- 35:02is
- 35:02your
- 35:03actual
- 35:03good?
- 35:03And
- 35:04that's
- 35:04the
- 35:04point
- 35:04of
- 35:05defining,
- 35:06you
- 35:06know,
- 35:06what
- 35:06you
- 35:07want
- 35:07that
- 35:07metric
- 35:07ultimately
- 35:08to
- 35:08be,
- 35:09you
- 35:09know,
- 35:09and
- 35:09so
- 35:10it's
- 35:10very
- 35:10good
- 35:11way
- 35:11to
- 35:11wrap
- 35:11this
- 35:11conversation
- 35:12up.
- 35:12So
- 35:13thank
- 35:13you
- 35:13both.
- 35:14It
- 35:14was
- 35:14a
- 35:14real
- 35:14pleasure
- 35:15to
- 35:15have
- 35:15you
- 35:16join
- 35:16us
- 35:16today.
- 35:17If
- 35:17people
- 35:17want
- 35:17to
- 35:17get
- 35:17in
- 35:18touch
- 35:18with
- 35:18either
- 35:18of
- 35:18you,
- 35:19what's
- 35:19the
- 35:19best
- 35:20way
- 35:20for
- 35:20them
- 35:20to
- 35:20do
- 35:20that?
- 35:20Mayan,
- 35:21why
- 35:21don't
- 35:21you
- 35:21start?
- 35:22Yeah,
- 35:23for
- 35:23me,
- 35:23you
- 35:23can
- 35:24email
- 35:24me
- 35:24to
- 35:25my
- 35:26SPS
- 35:26email,
- 35:27which
- 35:27is
- 35:27mcaplanpscommerce.com
- 35:32you
- 35:32can
- 35:33send
- 35:33me
- 35:33a
- 35:33message
- 35:34on
- 35:34LinkedIn.
- 35:35It's
- 35:35forward/my
- 35:37nk.
- 35:38Or
- 35:38you
- 35:38can
- 35:39go
- 35:39into
- 35:39our
- 35:40website,
- 35:40spscommerce.com
- 35:42awesome.
- 35:43Brandon,
- 35:44please
- 35:44find
- 35:44me
- 35:44on
- 35:44LinkedIn.
- 35:45Seems
- 35:45to
- 35:45be
- 35:45the
- 35:45easiest
- 35:46way
- 35:46to
- 35:46network
- 35:46and
- 35:47connect
- 35:47across
- 35:47all
- 35:48of
- 35:48us
- 35:48folks
- 35:48across
- 35:49retail.
- 35:49Otherwise,
- 35:50you
- 35:50can
- 35:50find
- 35:50me
- 35:51via
- 35:52email@brpierrepspscommerce.com
- 35:56or
- 35:57else
- 35:57SPS
- 35:58will
- 35:58have
- 35:58a
- 35:58booth
- 35:59at
- 35:59NRF.
- 36:00It's
- 36:00booth
- 36:016757
- 36:02and
- 36:03I
- 36:03will
- 36:03be
- 36:03there.
- 36:03Mine
- 36:04will
- 36:04be
- 36:04there.
- 36:04And
- 36:05we'd
- 36:05love
- 36:05to
- 36:05pick
- 36:05up
- 36:05the
- 36:06conversation
- 36:06there
- 36:06as
- 36:07well.
- 36:07Awesome.
- 36:07Well,
- 36:08that
- 36:08wraps
- 36:08us
- 36:08up.
- 36:08Hopefully
- 36:09everyone
- 36:09watching
- 36:10will
- 36:10never
- 36:10forget
- 36:10the
- 36:10acronym
- 36:11OT
- 36:11if
- 36:11ever
- 36:12again.
- 36:12It'll
- 36:12always
- 36:13be
- 36:13top
- 36:13of
- 36:13mind.
- 36:14Thanks
- 36:14to
- 36:14Brandon
- 36:15Pierre
- 36:15and
- 36:15Mayan
- 36:16Kaplan
- 36:16of
- 36:16SPS
- 36:17Commerce
- 36:17for
- 36:17sitting
- 36:17down
- 36:18with
- 36:18us
- 36:18today.
- 36:18And
- 36:18thanks
- 36:18to
- 36:19all
- 36:19of
- 36:19you
- 36:19that
- 36:19joined
- 36:19us
- 36:20live
- 36:20on
- 36:20LinkedIn.
- 36:21As
- 36:21always,
- 36:22on
- 36:22behalf
- 36:22of
- 36:22all
- 36:22of
- 36:22us
- 36:23at
- 36:23Omnitalk,
- 36:23on
- 36:23behalf
- 36:24of
- 36:24Anne
- 36:24and
- 36:24myself,
- 36:25be
- 36:25careful
- 36:25out
- 36:26there.