Walmart recently announced new OTIF updates for 2019. A significant change is that OTIF performance will be measured at the PO level and a 3% COGS penalty will be assessed on each noncompliant case.
Beginning May 2019, Walmart OTIF updates will take effect, measuring On-time case performance separate from In-full case performance. This stresses that suppliers will not be charged for On-time AND In-full for the same case, and that it would only impose one penalty per noncompliant case.
New In-Full Goals: Food Consumables = 97.5% & General Merch H&W (non-food) = 95%
New On-Time Goals: Prepaid Full Truckload = 87%, Prepaid LTL = 70%, Collect = 95%
Precision is Walmart’s favorite word – and their new tightened OTIF updates and requirements reflect that.
Analytics by SupplyPike helps you take control of your instock performance, with insights that allow you to see the exact root cause of any OTIF related issue. Analytics by SupplyPike uses predictive analytics and proactive alerts to help keep your Walmart orders OTIF compliant.
Learn more about how Analytics can help you monitor and increase your OTIF score here.