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Purple revamped its supplier and logistics network. Here’s why.

Retail Dive LogoRetail Dive1d ago

Purple revamped its supplier and logistics network. Here’s why. - Retail Dive

Quick Summary:

The mattress maker sought an increase in gross margin by diversifying its sourcing and simplifying its delivery operations.

The nine-month project required extensive data collection and testing, but now Haynor is more confident that the company’s forecasts translate into production and purchasing plans.“It's been a big win for us,” Haynor said.“And this is the sort of thing that is transformational for a small company.

Purple is still working on supplier diversification and expects its efforts to deliver further savings later this year, Haynor said on the Q2 earnings call.


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Purple revamped its supplier and logistics network. Here’s why. - Retail Dive (Picture 1)Purple revamped its supplier and logistics network. Here’s why. - Retail Dive (Picture 2)Purple revamped its supplier and logistics network. Here’s why. - Retail Dive (Picture 3)Purple revamped its supplier and logistics network. Here’s why. - Retail Dive (Picture 4)

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Article Details

Author / Journalist: Philip Neuffer

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 12:13:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 930 words

Reading Time: 6 minutes read

Sentences: 33 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 22571822

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About Retail Dive

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Main Topics: EconomyBusiness

Official Website: retaildive.com

Year Established: 2012

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #56

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