Tag Archives: Walmart Suppliers

The Future of Better and Faster Decision Making

Author: 8th and Walton

As a retailer or supplier, do you spend hours pouring over spreadsheets of consumer data? Making decisions about your business can get messy in the numbers. Recently, we’ve learned how the team at IRI makes data collection easier through their Liquid Data® Technology. Now we’re going deeper into their process to see how they make the next step seamless as well:…

Supply Chain: New Insight and Foresight from Menasha

Author: Jarrod Davis

Here’s the understatement of our time: Yesterday’s supply chain was not set up for today’s shopper. As a supplier, you may already realize that shoppers’ demands and technology’s evolution change so fast that your supply chain struggles to even keep up. It’s a challenge that Kerry Bailey, Director of Retail at Menasha, and his team help suppliers with each week. As…

On Time In Full (OTIF): How Do I Plan Now for 2018?

Author: Jarrod Davis

As Walmart Suppliers begin assessing budget dollars for 2018, they are planning around a new factor: On Time In Full (OTIF). Whether working on a better scorecard or allowing for penalties, much discussion is taking place over navigating OTIF for a profitable year. We were fortunate to visit with Colby Beland of CaseStack on a recent 8th & Walton Conference Call…

How to Make Your E-Contract Air Tight

Author: 8th and Walton

The contract process is one of the parts of business that people look least forward to, yet it is one of the most critical. Contracts are at the core of any business relationship and transaction. It makes no difference if we are talking about a consultant offering a specialized service to a company or suppliers selling goods to customers on an…

Health Care Millennial

Millennials Take DIY Approach to Healthcare

Author: 8th and Walton

Analysts have long known that Millennials have DIY tendencies, so it’s perhaps no surprise to learn that this demographic often treats its own ailments. In a recent episode of Focus on Suppliers, Saatchi & Saatchi X’s Jessica Hendrix noted that 43% of Millennials use over-the-counter remedies. This age group is also the number one user of in-store clinic services. There are two…

Ask the Expert: What Is the Difference Between a Shipper and an Assortment?

Author: 8th and Walton

Q: What is the difference between an assortment and a shipper — and when do I need to use them? First things first: Assortment is a term used to describe more than one item with different UPC codes grouped together for shipping and/or ordering purposes. The Prime or Parent is the Walmart item number representing the group of individual items to be…

What You Need to Know About the Fair Labor Standards Act

Author: 8th and Walton

Earlier this year the U.S. Department of Labor announced a new ruling in overtime laws called the Fair Labor Standards Act (FLSA). The Act updates overtime rules to be consistent with today’s economic climate. Today, a professional exempt employee paid a $40,000 salary while working a steady 60 hours a week earns less than the minimum wage when pay is broken…

Suppliers: You Need to Create Experiences for Millennials

Author: 8th and Walton

  Don’t let memes and media reports fool you; Millennials may like their devices, but they love to engage with others. In fact, according to Jessica Hendrix of Saatchi & Saatchi X, eight out of every ten Millennials name an in-person activity or event as the best experience of their lives. Even more interesting is that Millennials are 78% more likely…

Moving to Another State? What You Need to Consider

Author: 8th and Walton

Suppliers often have the need to relocate. Sometimes it’s a business-driven decision; other times it’s a family-driven one. Moving to a new state opens up a number of legal considerations that aren’t immediately obvious to the average person. Thing is, if you don’t follow some basic steps to protect your family and your assets, as well as your business, you can…

Millennial Shopping

Millennials Like to Be the Expert

Author: 8th and Walton

Ever gone shopping with a Millennial? It can be an adventure, because they aren’t content to just grab a product off the shelf and toss it in the cart. Millennials want to know what they’re buying. So don’t be surprised if your shopping companion spends a lot of time reading product labels, checking out demos, or talking to store staff about…