6/5/2014 217: How to Do Business With Wegmans Food Markets Kathy Welch, Wegmans Food Markets June 11, 2014 1 6/5/2014 AGENDA • Who We Are • What is Important To Us • What Makes a Great Trading Partner? • Data Quality • Data Sync • What’s Next? © GS1 US 2014 ALL RIGHTS RESERVED 2 2 6/5/2014 $6.9B Retailer Founded in 1916 Headquartered In Rochester, NY 84 Stores With 44,000+ Employees ‘Fortune 100 Best Companies To Work For’ © GS1 US 2014 ALL RIGHTS RESERVED 3 3 6/5/2014 Self-Distributing Chain with DC’s in Rochester, NY, and Hazleton & Pottsville, PA © GS1 US 2014 ALL RIGHTS RESERVED 4 4 6/5/2014 © GS1 US 2014 ALL RIGHTS RESERVED 5 5 6/5/2014 NOTEWORTHY RECOGNITION • 17 years on Fortune Magazine’s list of the 100 Best Companies to Work For • Greatest.com named Wegmans the #9 Healthiest Companies To Work For • Green Globes certification for sustainable construction of our Germantown, MD store • GS1 bestowed a Lifetime Achievement award to Danny Wegman for his leadership, vision and innovation for sharing information between trading partners • Boston Consulting Group named Wegmans one of the Most Recommended Brands of 2013 • Consumer’s Checkbook independently rated Wegmans the best in price & quality in Virginia, Maryland, New Jersey and Pennsylvania • Consumer Reports recognized Wegmans as the Country’s Top Supermarket. © GS1 US 2014 ALL RIGHTS RESERVED 6 6 6/5/2014 © GS1 US 2014 ALL RIGHTS RESERVED 7 7 6/5/2014 AREAS OF FOCUS • Grow – Family and Food Enthusiasts – Organic – Freshness – Profitability • Simplify – Reduce Inventory – Supply Chain Simplification – Reduce Building Costs • People – Healthier, Better Lives – Safety – Development and Respect © GS1 US 2014 ALL RIGHTS RESERVED 8 8 6/5/2014 WEGMANS’ PHILOSOPHY “…do something no one else is doing …offer our customers a choice they don’t have at the moment.” - By Robert B. Wegman © GS1 US 2014 ALL RIGHTS RESERVED 9 9 6/5/2014 © GS1 US 2014 ALL RIGHTS RESERVED 10 10 6/5/2014 WHAT MAKES A GREAT TRADING PARTNER? • • • • • • • Proactive communication Actively involved in goal setting process Tracks and achieves goals Continuous improvement philosophy Senior management commitment and involvement Cross functional participation at supplier/retailer meetings Good training process for new personnel, and an efficient back up plan • Sense of urgency at all levels to handle issues • Good follow through on both Sales and Supply Chain © GS1 US 2014 ALL RIGHTS RESERVED 11 11 6/5/2014 ALIGNED RESOURCES Master Data Distribution Logistics Sales Accounting Marketing Sales Master Data Distribution Logistics Sales Accounting Marketing Buying © GS1 US 2014 ALL RIGHTS RESERVED 12 12 6/5/2014 NEW WAYS OF WORKING TOGETHER – BEST PRACTICES Butterfly Sales Buying Aligned Strategies Diamond IT Distribution Logistics Sales Accounting Marketing IT Distribution Logistics Merchandising Accounting Marketing Promote Growth Aligned Resources Collaborative Projects With Great Return! Eliminate Disruptions Joint Business Planning Common Goals and Measures Annually Review results, strategies, goals for year Quarterly Cross functional Reviews Weekly/Monthly Day to Day interactions © GS1 US 2014 ALL RIGHTS RESERVED 13 13 6/5/2014 © GS1 US 2014 ALL RIGHTS RESERVED 14 14 6/5/2014 USING YOUR DATA … Transportation Planning Shelf Planning Warehouse Operations Wegmans Master Data Wegmans.com Consumers Invoicing Procurement GDSN is the most efficient way to get complete and accurate data! © GS1 US 2014 ALL RIGHTS RESERVED 15 15 6/5/2014 COMPLETE & ACCURATE DATA BEST PRACTICES • Synchronizing quality item data involves good business practices and a company wide understanding of industry standards (people, processes and technology) 9 R&D, Package Engineering, Data Sync, IT and Sales 9 Establish a protocol for your data that follows the GS1 Package Measurement Rules and GTIN Allocation Rules • At Wegmans, New Item Fact Sheets should be complete and accurate 9 GTINs should be published prior to item introduction. 9 Align your sales team with an accurate data source 9 Provide the resources for your sales team to know if new items have been successfully published before item introduction • Manage any changes to Net Content and Case Pack Changes in accordance with GTIN Allocation Rules. © GS1 US 2014 ALL RIGHTS RESERVED 16 16 6/5/2014 GS1 US NATIONAL DATA QUALITY PROGRAM Orange highlights what is certified/validated/verified © GS1 US 2014 ALL RIGHTS RESERVED 17 17 6/5/2014 5-POINT BEST PRACTICE 1. 2. 3. 4. 5. Adhere to GS1 Standards and Rules for foundational attributes in internal setup – Foundational attributes: Brand Name, Declared Net Content/Unit of Measure, Pack Quantity. A new GTIN must be assigned at all applicable levels of change, following the GTIN Allocation Rules. Assign data owners throughout the organization – Operations, Supply Chain, R&D, Packaging, Marketing, etc. – Documented process with control mechanisms Appoint one entity/department/individual as the sole owner of product data submitted to the GDSN Accountability for gathering data, ensuring control mechanisms are followed, and submitting the product data Audit all new items produced in a sustainable production environment ready for shipment (finished goods) Execute communication on attributes, both internally and externally © GS1 US 2014 ALL RIGHTS RESERVED 18 18 6/5/2014 CULTURE OF CONTINUOUS IMPROVEMENT Focus Leverage Engagement Accountability © GS1 US 2014 ALL RIGHTS RESERVED 19 19 6/5/2014 4 DISCIPLINES OF EXECUTION © GS1 US 2014 ALL RIGHTS RESERVED 20 20 6/5/2014 WEGMANS’ DATA ACCURACY INITIATIVE Provide reporting and education for our suppliers to improve people, processes and technology that contribute to data quality Perform physical audits of our suppliers’ products in our inventory to determine the accuracy of our shared supply chain data Apply the GS1 Standards in package measurement and tolerances in score carding our strategic trading partners Data Accuracy is a strategic trading partner KPI, as well as an important internal metric © GS1 US 2014 ALL RIGHTS RESERVED 21 21 6/5/2014 AUDIT DETAILS REPORT All Audited Items Details Report Grocery Warehouse Audit KRAFT FOODS Retail UPC: 43000004296 Item #: 360673 Highest Level GTIN: Item Net C ontent UO M Wegmans 8 OZ T otal Retail U it 12 Audited 8 OZ 12 Retail UPC: 43000004210 P ack T ype H eight Width Depth 8.325 2.925 11.325 13.225 0 8.26 2.7 11.3 13.1 Def ault Case Highest Level GTIN: Item H eight 20043000004214 Case UO M Wegmans 9.2 OZ T otal Retail U it 12 Audited 9.2 OZ 12 43000004289 P ack T ype 11.325 13.225 0 11 12.69 Def ault Case H eight Width 9.15 2.925 9 2.72 Item #: 360675 Highest Level GTIN: H eight 20043000004283 Case Net C ontent UO M Wegmans 9.6 OZ T otal Retail Units 12 Audited 9.6 OZ 12 Depth 2.688 11 12.75 2.7 11.2 13 H eight 9.329 9.36 Depth P ack T ype Width Depth 0 2.7 4.25 2.75 0 Def ault InnerPack 2.68 4.24 2.75 Def ault Unit Last Audit Date: 11/27/2009 GFIC VANILLA BEAN LATTE Width Depth P ack T ype H eight Unit P ack T ype P ack T ype H eight Width Depth 0 2.7 4.25 2.75 0 Def ault InnerPack 2.73 4.25 2.74 Def ault Unit Last Audit Date: 11/27/2009 GFIC VANILLA CAR SW LATTE Inner P ack Width Weight Width Unit Inner P ack Depth Weight Item Last Audit Date: 11/27/2009 GFIC MOCHA LATTE Inner P ack Weight Item #: 360674 Net C ontent Retail UPC: 20043000004290 Case Unit P ack T ype H eight Width Depth 0 0 2.7 4.25 2.75 0 Def ault Case Def ault InnerPack 2.7 4.23 2.74 Def ault Unit P ack T ype H eight Width Depth P ack T ype © GS1 US 2014 ALL RIGHTS RESERVED 22 22 6/5/2014 BENEFITS OF ACCURATE DATA • Overstated case weights on Gatorade line (enabled one more pallet to fit on every truck) $2.5m per year in savings on Gatorade alone & $1.5 – 3m additional savings potential in other lines • Overstated case weights on Tide product line, took 10 inbound trucks per year off the road! • Case weights overstated by 2 lbs. Red Gold eliminated 7 inbound trucks to Wegmans! 23 © GS1 US 2014 ALL RIGHTS RESERVED 23 23 6/5/2014 BENEFITS OF ACCURATE DATA • One company improved the speed to shelf of new products from 4-8 weeks to 2 weeks. Data changes and corrections flow through GDSN seamlessly, eliminating key entry errors and administrative time. • Another company increased the number of new items introduced in one year by 50%, without additional head count due to the efficiency of the process. • Changes in case dimensions & more accurate product specifications lead to enough benefit to finance their entire data synchronization program! 24 © GS1 US 2014 ALL RIGHTS RESERVED 24 24 6/5/2014 WHY DATA SYNCHRONIZATION? • Quality Data Sync allows us to connect our business information. • Strategic sharing of data with partners will enable business growth 9 We all speak the same language 9 Our people collectively agree on goals & measures 9 The information we share is timely, useful and accurate • Benefits of Data Sync are foundational – improved standards, accuracy, completeness • High quality, synchronized information is foundational to mission critical processes and cost saving initiatives, eliminating non-value added work • Increasing time to collaborate on value-added processes © GS1 US 2014 ALL RIGHTS RESERVED 25 25 6/5/2014 WHAT HAVE WE LEARNED? • Consumer gains in service level and consistent low prices • Optimization of warehouse space and truck loads • Opportunity to expand the boundaries between supply chain partners. • Fewer invoice disputes • Speed to shelf with new items • Reduced labor costs to resolve shelf tag and scan errors. • New Focus on Reverse Logistics, Tracking, Monitoring 26 © GS1 US 2014 ALL RIGHTS RESERVED 26 26 6/5/2014 EDI AT WEGMANS • Mandatory for any Grocery, Dairy, Frozen, GM, HBC vendor • Specific EDI transactions based on replenishment type: 9 DSD 9 Warehouse 9 VMI 9 Quick Response • Contact merchandising representative to start process • Testing/ compliance done on free on line tool through GXS • After testing is complete, verify that you have good data! © GS1 US 2014 ALL RIGHTS RESERVED 27 27 6/5/2014 WEGMANS.COM/FOR OUR SUPPLIERS for our suppliers © GS1 US 2014 ALL RIGHTS RESERVED 28 28 6/5/2014 WEGMANS.COM/FOR OUR SUPPLIERS © GS1 US 2014 ALL RIGHTS RESERVED 29 29 6/5/2014 What’s Next? © GS1 US 2014 ALL RIGHTS RESERVED 30 30 6/5/2014 INFORMATION DRIVEN VALUE CHAIN Leveraging Accurate Data is a Supply Chain Advantage Leveraging Accurate Enriched Data is a Competitive Advantage © GS1 US 2014 ALL RIGHTS RESERVED 31 31 6/5/2014 Nikhil Pujari Advisory Services Manager 1WorldSync (GS1 US) 32 32 6/5/2014 TODAY’S SMART CONSUMER $ Price Comparison Mobile Coupons i Refined Product Information $ Add-On Functions • Shopping list • Find the w ay in the store • Etc. SelfScanning Inspiration & Offers Payment $ © GS1 US 2014 ALL RIGHTS RESERVED 33 33 6/5/2014 ATTRIBUTE EXPLOSION IN THE INDUSTRY © GS1 US 2014 ALL RIGHTS RESERVED 34 34 6/5/2014 ATTRIBUTE EXPLOSION IN THE INDUSTRY © GS1 US 2014 ALL RIGHTS RESERVED 35 35 6/5/2014 ATTRIBUTE EXPLOSION IN THE INDUSTRY © GS1 US 2014 ALL RIGHTS RESERVED 36 36 6/5/2014 ATTRIBUTE EXPLOSION IN THE INDUSTRY © GS1 US 2014 ALL RIGHTS RESERVED 37 37 6/5/2014 ATTRIBUTE EXPLOSION IN THE INDUSTRY © GS1 US 2014 ALL RIGHTS RESERVED 38 38 6/5/2014 INDUSTRY TRENDS − Compliance − Recipient Specific Requirements − Mergers & Acquisitions Attribute Explosion − Retail − Food − E-tailers − .com MultiChannel Digital Content − Marketing − eCom − Amazon − Images − Videos © GS1 US 2014 ALL RIGHTS RESERVED 39 39 6/5/2014 CPG RECIPIENTS - KEY ACTIVITIES • Retailers planning to request 500+ attributes via GDSN in the next 612 months • Leveraging a supplier collaboration system that combines GDSN and top off product information that connects to their internal downstream systems • Leveraging Data Quality programs to ensure operational efficiencies by comparing physical audit data with GDSN data • Participation in 1WorldSync Recipient Share Groups (example images, regulatory, chemical ingredients, attribute harmonization) © GS1 US 2014 ALL RIGHTS RESERVED 40 40 6/5/2014 CPG SUPPLIERS - KEY ACTIVITIES • • • • GDSN sharing of core supply chain data Providing non-GDSN data via customer automated item setup system Accelerated implementations of automated data aggregation solutions Implementation of up to 150 GDSN attributes in Foodservice* * Significant number of these Foodservice suppliers would be common with the retail industry © GS1 US 2014 ALL RIGHTS RESERVED 41 41 6/5/2014 © GS1 US 2014 ALL RIGHTS RESERVED 42 42 6/5/2014 Data Sync Contacts Kathy.Welch@Wegmans.com (Master Data, Manager) Cady.McMaster@Wegmans.com (Master Data, Specialist) Amy.Schmalfuss@Wegmans.com (Master Data, Specialist) Neysa.Cross@Wegmans.com (EDI Specialist) © GS1 US 2014 ALL RIGHTS RESERVED 43 43 6/5/2014 Thank You Questions? 44 44