During Orgill’s recent Fall Online Buying Event, company president and CEO Boyden Moore presented a virtual address to retailers, vendors, Orgill employees, and media outlets highlighting company sales updates, supply chain recovery, and the impacts of current economic conditions.
Moore said Orgill sales are up 10 percent year to date, adding that supply chain recovery is the company’s number-one priority. The company is working with vendors to get service levels back up by the first half of 2023.
“We are beginning to see sustained improvement in our supply chain recovery,” he said. “Demand has moderated from the incredibly high levels that we experienced last year, and many of our vendors have improved their performance to us that has led to this sustained improvement.”
(We’ll have a full report on Orgill’s fill rates, profitability, and plans for the future in the next eyebrow-raising edition of our weekly Hardlines newsletter. We invite you to get the full story every week by subscribing to this in-depth publication, delivered every Monday morning to your inbox. Click here to try out four issues on us!)