Reduce Retail Replenishment Timing to Stores

Retail is the spearhead of brand and marketplace strategy. It is our vision to deliver pinnacle brand experiences for our consumers. Consumer expectations on receiving the right product at the right time continue to increase. The closer product is to our consumer the better positioned we are to deliver this vision. We estimate that a reduction in replenishment time (from allocation to in-store receipt) from 12 to 5 days will deliver $14M annual value to the NA retail business. There is also business value to reduce replenishment time in EMEA, JP, and CN, but this business case is specifically for NA. Estimated cost is TBD. Please refer to the attached file for more information.