North American Retailers Can Save Millions Annually by Outsourcing Not-for-Resale Operations, says xpedx
March 05 2007 - 7:00AM
PR Newswire (US)
Supply chain specialist says many retailers can greatly improve,
streamline their procurement, distribution and management of
not-for-resale goods LAS VEGAS, March 5 /PRNewswire/ -- Many North
American retailers continue to spend too much money and time
handling the procurement, distribution and management of their
not-for-resale items, needlessly hurting the bottom line and
draining resources from the retailer's core job of merchandise
sales. (Logo:
http://www.newscom.com/cgi-bin/prnh/20061016/NYM035LOGO ) That view
comes from xpedx, one of North America's largest distributors and a
major provider of third-party logistics services that specializes
in helping retailers improve their not-for-resale operations. xpedx
has saved individual clients as much as $10 million annually by
assuming the day-to-day not-for-resale responsibilities across
their store networks. xpedx executives and staff will be discussing
its not-for-resale program during GlobalShop 2007, Las Vegas. The
company is at Booth 1862 at the Sands Expo Center at the Venetian,
March 7-9. xpedx serves a blue chip customer list of large
retailers, high-end specialty stores and large regional retailers
with a team of specialists that tailor services to client needs.
xpedx owns and operates 105 distribution centers across North
America, operates 1,300 trucks and has an extensive global freight
network. "When a retailer assigns management of their
not-for-resale operations to a qualified provider with meaningful
scale, the retailer can get back to doing what they do best-selling
merchandise and making money," said Matt Morrow, Tampa,
Florida-based director of business development for xpedx.
"Virtually all of the time- and cost-intensive work on non-revenue
producing tasks can be eliminated." Costs associated with
not-for-resale operations-primarily goods, transportation and
logistics-account for about 10% of a retailer's total sales,
general and administrative (SG&A) costs, Morrow noted. Detailed
studies of the retail industry's not-for-resale processes have
shown cost savings of between 10% to 28% when this function is
outsourced to a high- performing outside contractor. What to look
for in a service provider Morrow said retailers need to look for
providers with deep national and international distribution
expertise, a specialization in not-for-resale operations, and
information technology systems that can seamlessly integrate with
the retailer's systems, giving them up-to-the-minute visibility on
their supply chain. Specifically, he noted, a supplier's IT system
should: - interact and integrate with the retailer's IT platform,
including order management and accounting; - feature robust demand
planning/forecasting software capabilities; and - offer detailed
performance management and reporting/measurement. A quality
not-for-resale contractor should also be able to provide turnkey
support for a retailer's new store openings, equipping the empty
building with all of the internal products needed-from shelves and
displays to hangers and tags to register tape, pens and paper.
"Coordinating all of these details can be a challenging and
expensive job for many retailers and can take away from their core
business of selling merchandise," Morrow explained. "We can take
this job off their hands and ensure it's being done well-to their
specifications." For more information visit xpedx representatives
at Booth 1862 during GlobalShop 2007, visit xpedx.com/retail, or
call 888-234-6323. About xpedx Loveland, Ohio-headquartered xpedx,
an International Paper company (NYSE: IP), is one of the largest
distributors in North America, bringing tens of thousands of
businesses the goods they use and sell every day. The company,
which has more than 7,000 employees in 250 locations, posted more
than $6.7 billion in revenues last year. xpedx is also playing an
increasing role across North America and worldwide by providing
end-to-end logistics services to large and mid-size corporations.
xpedx roots in distribution and inventory management date back to
1833. The company provides the full scope of end-to-end logistics
and distribution services: asset management, business integration,
order management, warehousing and distribution, transportation
management, reverse logistics, ocean freight services, customs
brokerage, supplier relationship management and performance
measurement. xpedx provides a custom mix of delivery type-mode and
carrier-along with proven inventory management expertise,
state-of-the-art IT systems, real-time reporting tools, VMI and
customization/sub-assembly. Its e-commerce system, anchored by
xpedx.com, handled more than 5.5 million orders last year worth
$1.2 billion. This release contains forward-looking statements.
These statements reflect management's current views and are subject
to risks and uncertainties that could cause actual results to
differ materially from those expressed or implied in these
statements. Factors which could cause actual results to differ
relate to: (i) industry conditions; (ii) market and economic
factors, including changes in international conditions; and (iii)
results of legal proceedings and compliance costs. We undertake no
obligation to publicly update any forward-looking statements,
whether as a result of new information, future events or otherwise.
These and other factors that could cause or contribute to actual
results differing materially from such forward looking statements
are discussed in greater detail in Securities and Exchange
Commission filings made by International Paper Company.
http://www.newscom.com/cgi-bin/prnh/20061016/NYM035LOGODATASOURCE:
xpedx, an International Paper Company CONTACT: Matt Morrow,
Director of Business Development, xpedx Tampa Division,
+1-813-215-3930, or Jeff Higgins, xpedx corporate Director of
Marketing Services, +1-513-965-2923; Press: Erik Godchaux, Media
Strategy Group, +1-608-256-4540 Web site:
http://www.internationalpaper.com/
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