- Published on December 7, 2021
- In AI Features
Rising Pressure On Order Delivery – How CPG Companies Can Leverage Advanced Analytics To Handle Order Delivery Performances
[Notes from Tiger Analytics] - Tiger Analytics worked with a large supply chain and manufacturing firm to harness advanced data analytics to improve their Order Delivery Performance — on-time in full metric, or OTIF.
Image by Rising Pressure On Order Delivery - How CPG Companies Can Leverage Advanced Analytics To Handle Order Delivery Performances
- By Harini Shekar
‘Consumers expect products to be on the shelf when they need.’
Approximately 49% of customers choose same or next day deliveries when shopping online. Hence, for physical stores to retain customers and stay in the game, ensuring on-shelf availability of products is key. This has become one of the biggest challenges in consumer expectations in recent years.
For example, Walmart estimated that poor in-full (availability) performance accounted for $1.7 billion in lost sales during the 2018 fiscal year. Physical stores need to maximize revenue from their finite shelf space to avoid such losses. They need to continuously replenish their products based on what is selling and what is not. This depends not just on the inventory at the back of the store but also on how not needing m
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Harini Shekar
Harini Shekar is part of the consulting group at Tiger Analytics with close to 13 years of experience in end-to-end solutions across various analytical engagements. Harini leads teams in delivering insights for business problems with predictive or prescriptive elements, thereby helping clients realize business value.
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