There IS a Business Case for Global Standards!
- Manufacturers and Retailers benefit from reduced:
- Inventory by 0,5 to 1 %
- Out of stocks by 2 to 4 %
- Time reconciling error invoices by 5% to 10%
Real life example of P&G’s data synchronisation effort:
- Eliminate 30,000 man hours per year
- Reduce out of stocks by 10 %
- Improve speed to market for new items by 80%