The world’s largest retailer has high expectations for on-time delivery. As of Sept. 15, Walmart is requiring suppliers to achieve 98% on-time and in-full (OTIF) delivery. Noncompliance incurs a 3% fine. Previously, Walmart required 70% OTIF for less-than-truckload (LTL) carriers and 87% for truckload carriers.
Walmart is not alone. In response to consumers’ urgent demands for stocked shelves, several other retailers have similar requirements of suppliers and consumer packaged goods (CPG)...