DALLAS — Until the end of June, retailers and manufacturers will be able to submit comments on a new industry standard, Trading Partner Performance Metrics (TPPM), that is being developed by GS1, Brussels, the global standards organization. TPPM includes standard definitions of 16 metrics that retailers and manufacturers commonly employ to assess their performance in collaborative activities, including out-of-stocks, days of supply, on-time delivery and item data synchronization percentage. This standard is a key part of the new industry initiative, "New Ways of Working Together," that is being spearheaded by Wegman Food Markets, Kroger, Coca-Cola and Smucker's, among others. "I'd like to ask the retailer and supplier community to give us your thoughts [on the standard]," said Jeff Bornino, manager, supply chain initiatives for Kroger and a member of the GS1 TPPM Working Group, in a session on TPPM held yesterday at U Connect 08 here. "With your responses we can still adjust how these measures should be calculated." For copies of the current TPPM document, contact [email protected]
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