Improving Shelf Replenishment Routines - What Would Toyota do?

Date and Time:

April 23rd - 2pm UK

Location:

Virtual

23 Apr 2:00 PM

Organisers:

Paul Chapman, University of Oxford, Daniel Corsten, IE University, Madrid and Thomas Gruen, University of New Hampshire

Description

Improving Shelf Replenishment Routines - What Would Toyota do?

The shelf replenishment process that starts with receiving deliveries at the back door and includes sorting, filling shelves, putting away, facing up shelves, gap checking and inventory adjustments / manual ordering consumes 50% + of a typical retailers hourly store associate total labour budget.

It follows that retailers are constantly looking for new ways to increase the quality of the shelf (fewer out of stocks) while looking to shorten lead time, remove "waste" and reduce cost.

In this meeting, retailers and CPG's in the working group will explore with support from the academic team (Paul Chapman, Daniel Corsten and Tom Gruen) the latest thinking on how to improve the shelf replenishment routines, looking at the routines for both non-perishable and perishable categories.

This meeting is for retailers, brand owners and academics only.