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As with an increasing number of supply chain leaders, especially in retail, Smith and his organization clearly understand their mission is to support the stores and make it easy and satisfying for shoppers to do business at CVS.
At the same time, they recognize a dollar of supply chain savings in "on-marginal" ? meaning it goes directly to the bottom line. Smith also talked about striving for "the Wow! factor" ? impressing customers, competitors and analysts with new supply chain innovations and performance.
In the front of the supply chain, CVS is doing collaborative planning with suppliers on 45% of its total store volume ? an impressive number...
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