Conclusion

Have you ever seen the personalized Coca-Cola can? Coke introduced it as part of its 2014 "Share a Coke" campaign. The Goal: Create hype for the Coke brand by creating a must-have product. Amazingly, the campaign boosted Coke's US sales for the first time in a decade 1 (by more than 2% 2). The 20-ounce bottle experienced its biggest-ever year-over-year growth (more than 19%). 3 Coke now repeats the campaign every year. In 2016, Coke bottles and cans featured more than 70 song lyrics to help fans "taste the feeling." 4 Moreover, you can now go online and customize your own Coke bottles to say just about anything including Best Mom, #1 Dad, Your BFF, or even Marry Me? Who made this possible? Gregory Bentley, packaging innovator at Coca-Cola Europe, answers, "The unsung heroes of this campaign are our dedicated supply base who have been working tirelessly behind the scenes to deliver this magnificent project." 5 Rexam, a UK can manufacturer (recently acquired by Ball Corporation), provided the patent-pending Edition technology that allows 8 to 24 designs of the same label to be produced simultaneously on a single pallet! 6

Let's conclude with a final question: "How do you motivate suppliers to want to join your team?" Answer: Remember that integration is a two-way street—that is, you need to treat your suppliers like valued members of your team! Showing appreciation and investing in your suppliers is critical. John Deere, for example, rewards suppliers with coveted innovation awards to recognize creativity and collaboration.7 BMW hosts an invitation-only supplier conference where it not only "wines and dines" key suppliers but it also shares future product plans and recognizes the "best of the best" in supply performance. BMW's 2016 Tier 1 Supplier Day even included a diversity expo.8 Walmart's supplier summit includes educational sessions (see Table 15.12 for a few examples). General Mills gives out "Champion Awards" to top-performing suppliers.9 All of these events share a common purpose: To persuade suppliers to want to row on your team. That is, to get suppliers to view you as a valued coxswain. If you succeed in creating this feeling, when you call for a "Power 10," suppliers will give you all they've got to help get you across the finish line first!

Table 15-12
Educational Sessions at Walmart's 2016 Supplier Summit1
The Walmart Customer Tony Rogers, Chief Marketing Officer, and Matt Kistler, SVP Global Customer Insights and Analytics, discussed how consumer perceptions of their brands are impacted by the "Made in the USA" label, with an emphasis on how suppliers can help in these marketing efforts with their products
US Manufacturing Trends and Insights The Boston Consulting Group discussed how the strengthening dollar and advanced robotics, among other trends, will reshape the US manufacturing landscape
Path to US Manufacturing A number of ways in which Walmart can assist in US site selection and component manufacturing were presented, and lessons on how to best engage with state and federal governments were shared
Doing Business with Walmart Supplier administration and diversity teams reviewed the supplier onboarding process with Walmart, and how suppliers can take advantage of the resources offered