Walmart Suppliers Will Be Fined for Both Early and Late Deliveries

Asking suppliers to be “On-Time and In-Full” is a cost saving method that Wal-Mart will begin implementing in August, as reported by Matthew Boyle of Bloomberg News. The program, known as OTIF, aims to add $1 billion in revenue while solving a problem the company has faced with overcrowded back rooms. The company has been reducing inventory as its 4,700 U.S. stories.

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