Last month, our Retail Consolidation team at Prime Distribution Services, An Ascent Global Logistics Company, had the opportunity to attend the Private Label Manufacturers Association (PLMA) Trade Show. While attending, our team members viewed over 2,000 booths and spoke with many private label suppliers about their delivery challenges to big box retailers.
Here is what our team learned:
1. Private Label suppliers face tough competition when selling to Walmart
Not only do private label suppliers often operate on lower margins than branded product suppliers, but they still face the same strict standards for quality and service. With OTIF scores still required, it is a good idea for private label suppliers to connect with a Retail Consolidation provider to review consolidation benefits.
2. Any competitive advantage can help make a difference
Often, suppliers can save up to 40 percent on shipments when using a retail consolidation partner compared to LTL or small parcel methods. Prime Distribution Services, An Ascent Global Logistics Company, can help drive improved supply chain reliability and OTIF scores while often lowering your costs compared to traditional LTL shipping.
3. Products can be made anywhere in the world, but it’s absolutely imperative to have a strong and reliable supply chain throughout the process, especially when delivering into Walmart and Sam’s Club.
It is important that your logistics partner can deliver on-time and in-full into Walmart and Sam’s Club. However, it is also important that your partner is easy to work with and focused on the success of your delivery program. Prime Distribution Services, An Ascent Global Logistics Company, can help private label suppliers improve their supply chain through a team of dedicated logistics experts.
Our team is always ready to help you with your retail consolidation needs. Please contact us today or reach out to Chris Moore directly to see if retail consolidation can save you money and improve your supply chain efficiency.