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Bed, Bath & Beyond has announced a partnership with Ryder System that will change the way it delivers merchandise. Ryder’s Steve Sensing explains why the companies are a good fit on this episode of Great Quarter, Guys.
Sensing, Ryder’s president of global supply chain solutions, joins hosts Andrew Cox and Anthony Smith to talk about the financial and retail implications of this partnership.
The goal for Bed, Bath & Beyond is to use new distribution centers and Ryder’s network to decrease store replenishment times from 35 days to 10 days. Bed, Bath & Beyond also plans to decrease shoppers’ product options while simultaneously promoting more sales.