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We started SupplyPike to help suppliers and we are remaining dedicated to that cause during these challenging times. To support you heroes in retail, we're making our data tools available for FREE to qualifying suppliers.
This map was developed in-house by our Machine Learning team. Here you will see a live map of Walmart stores overlaid with a heatmap of reported coronavirus spread.
Replenishable instock shows the percentage of stores that currently have inventory vs. stores that should have inventory. In general, suppliers should try to keep this above the 98.5% goal. Due to panic buying and increased demand, many CPGs are slipping below this goal.
To keep up with the current volatility, retailers are tweaking the "event forecast" frequently. It's a good idea to check your forecast multiple times throughout the week.
The Supply Plan metric provides Walmart's best guess on how many units they expect to order from a supplier. If this isn’t something you normally utilize, this is a great time to start as it will help you plan for increased demand. Don’t get surprised with an order for 10,000 units when they normally order only 1,000 per week.
Walmart deductions can quickly add up and become overwhelming. While supply is low, CPGs will want to make sure they are not sending partial Purchase Orders while invoicing Walmart for the full PO amount. As a best practice, it is recommended that you request an updated PO for the amount you are currently able to fill.
If your supply chain is struggling to keep up with orders, it’s a good idea to pay extra attention to your OTIF scores. If you’re not able to keep up with demand, be sure that you are editing or cancelling PO lines with the correct reason codes to avoid OTIF accountability.
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