What's That? On-Time In-Full (OTIF)
On-time in-full (OTIF) is a supply chain metric for measuring performance in logistics. OTIF generally refers to a supplier’s ability to deliver product within prescribed delivery windows and at full quantities ordered.
August 12, 2024Carmakers End 2023 With High Rates, Prices Affecting Sales
U.S. auto sales softened at the end of last year as higher financing costs and near-record prices took their toll on would-be buyers.
NRF Reports Record Thanksgiving Shopping Weekend
Thanksgiving weekend shoppers surpassed their record turnout from last year, marking a strong unofficial start to the holiday season, according to the National Retail Federation.
Exceed consumer expectations through optimized last mile logistics
Now, more than ever, transportation networks need to be reevaluated to capture demand and meet consumer needs. Omnitracs can help you find areas of improvement and adapt quickly. Read “Logistics in the Last Mile” to find out more.
June 1, 2021Experts Foresee Strong Demand for Packaged Goods After COVID Subsides
Demand for consumer packaged goods jumped amid the coronavirus, but indications are it will remain elevated even after the pandemic eases.
Gasoline Increase Drives 0.4% Boost in Consumer Prices
Consumer prices increased 0.4% in February, the biggest gain in six months, led by a sharp jump in gasoline prices. But core inflation, excluding food and energy, posted a much smaller 0.1% gain, easing fears about a possible sustained acceleration in inflation.
Amazon Names Logistics Head Dave Clark New Consumer CEO
Amazon .com Inc. has named logistics boss Dave Clark CEO of its retail business.
US Core Consumer-Price Gauge Climbs Less Than Forecast
A gauge of underlying U.S. inflation rose less than forecast in December, restrained in part by a deceleration in shelter costs and underscoring the Federal Reserve’s view that price pressures are muted.
Jobs, Stocks Boost Consumers’ Outlook on Economy
American consumers are more upbeat about the economy than at any time in more than a year against a backdrop of steady job gains and record stock prices.
US Consumer Comfort Falls to Seven-Month Low on Finance Views
U.S. consumer comfort fell to the lowest level since March as ratings of the economy, personal finances and the buying climate all slumped, a potential sign of faltering in the strong support consumers are giving the expansion.