A 3PL’s Role in Reducing Your Carbon Footprint
In today’s economy, sustainable business practices are no longer a “nice to have” but a “must-have... Read More
In today’s dynamic marketplace, businesses face a constant challenge: adapting to ever-changing consumer and retailer demands. This task becomes even more daunting when you’re dealing with multiple retailers throughout the U.S., each with its own unique requirements. If you’re facing challenges in meeting delivery deadlines, experiencing inventory issues or struggling to scale with fluctuating demand, a retail consolidation program might be the strategic solution you’ve been searching for.
At its core, retail consolidation gets products to shelves faster and more cost-effectively. By combining shipments with other brands, suppliers create the most efficient route to retail by eliminating transportation redundancies, reducing operational costs by 10-30% and improving replenishment.
Below are four key benefits of leveraging a retail consolidation program.
By optimizing shipments and reducing the number of individual deliveries, suppliers can significantly lower transportation expenses by 10-30% compared to traditional LTL shipping.
Retail consolidation decreases safety stock, dramatically reduces product shortages, simplifies replenishment and increases product freshness at retail. Suppliers also benefit from improved relationships with retailers – which may lead to stronger shelf placement, line extensions and higher sales.
From packaging standards to delivery schedules, each retailer has its own specific compliance requirements. Retail consolidation helps ensure that products are delivered On-Time, In-Full, and completely compliant – eliminating fines and stabilizing margins.
Retail consolidation plays a crucial role in reducing carbon emissions. Fewer shipments mean fewer trucks on the road. As a result, suppliers minimize transportation emissions, reduce fuel consumption and contribute to a greener transportation footprint.
Suppliers that are facing the above stop gaps stand to gain the most from a retail consolidation program. If you find yourself answering “yes” to one or more of the following questions, it is time to explore a retail consolidation program.
Implementing a successful retail consolidation program often requires a level of expertise and resources that some companies may not possess in-house. This is where third-party logistics providers (3PLs) come into play.
Collaborating with a trusted 3PL enables suppliers to access an extensive network of retail logistics experts. In turn, CPG suppliers can remain focused on their core business competencies and drive business growth.
Gain access to real-time, data-driven insights with advanced analytics technologies. By leveraging a 3PL’s advanced analytics platform, suppliers can anticipate consumer trends and monitor product performance – driving improved decision-making and continuous supply chain improvement.
Experienced 3PLs offer the flexibility to adapt to your evolving business needs. Work with a 3PL that can tailor its services to match your changing requirements, ensuring that your supply chain remains agile and responsive to shifting market dynamics.
Take advantage of RJW’s Retail Consolidation Program and drive your profitability today.
Work with The Retail Logistics Experts.
Take advantage of RJW’s Retail Consolidation Program and drive your profitability today.
Work with The Retail Logistics Experts.
Insights and perspectives for today’s supply chain leaders.
In today’s economy, sustainable business practices are no longer a “nice to have” but a “must-have... Read More
With today’s complex freight market, there’s never been a more critical time for business leaders to leverage retail logistics strategies that allow them to pivot quickly. Read More
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