Where Retail Synergy Begins
VCF is now Retail Value Chain Federation
Retail Value Chain Federation (RVCF) is an organization that advocates trading partner alignment, retailer-supplier operating synchronization, and best practices by facilitating collaborative and educational opportunities and providing technology solutions to eliminate disruptions throughout the retail value chain. RVCF includes North America's leading retailers, merchandise suppliers, and service providers.
||2013 Focal Points|
Driving the Perfect Order
Retail Communication Alignment
Industry Initiative Awareness & Education
RFID ROI & Best Practices
Planning & Forecasting Accuracy
Product Lifecycle Management
Business Process Improvements to Prevent Deductions
Speed Goods to Market in an Omni-Channel Environment
|Areas of Focus for Suppliers|
Retail Change Management
Global Sourcing Compliance
||Customer Relationship Management
Forecasting, Planning & Allocation
Order to Cash
Customer Performance Management
Payment & Reconciliation|
|Areas of Focus for Retailers|
|Supplier Relationship Management
Performance Metrics & KPI's
Portals & Communications
Transportation & Receiving
Collaboration & Negotiation
Inventory Planning & Forecasting
Flow & Visibility
Improving In-Stock Position
Replenishment & Fill Rates
Lean Global Supply Chain|
I have been a participating member of RVCF since 2002. The benefits are numerous, including use of the Clearinghouse as a very effective means of timely communication with our vendors; establishing relationships with both our business partners and peer retailers as opposed to just acquaintances; annual conferences that address relevant topics and forward thinking information; and the most important of all – the face-to-face meetings with key suppliers, gathered in one location, in a non-threatening environment, to focus on mutual barriers to conducting profitable business. This is priceless.
– Gough Grubbs, SVP Distribution/Logistics, Stage Stores
Lifetime Brands is North America's Leading resource for nationally branded kitchenware, tabletop and home décor products. We market our products under many of the industry's best known brands, including: Farberware, KitchenAid, Mikasa, Pfaltzgraff, Cuisinart, Calvin Klein®, CasaModa®, Gorham®, Hoffritz®, International® Silver, Nautica®, Pedrini®, Roshco®, Kamenstein®, Sabatier®, Sasaki®, Towle™ Silversmiths, Tuttle®, Wallace and Vasconia®. We sell our products to specialty stores, department stores, national chains, mass merchants, warehouse clubs, home centers, supermarkets and off-price retailers, as well as directly to consumers through mail order catalogs, and the Internet. We joined RVCF in 2003 and attend both of the National Conferences each year since we joined.
We find that there are several benefits to being members of RVCF:
Clearinghouse: This is a tremendous benefit to members as it keeps us up to date on all the latest information from our Retailers' Routing & Compliance Guides in one area and alerts us on a daily basis.
Monthly Conference Calls: This feature provides members with an opportunity to call in and discuss current issues we may be having with Retailers and exchange ideas with our peers including receiving helpful contact information.
One-on-One Meetings with Retailers at Conferences: This is by far the greatest benefit to Vendors who take advantage of this opportunity. At the conference we are allotted 20 minutes to meet one on one with our Retailer partners. This allows us the opportunity to develop strong business relationships with these Retailers and has allowed us to solve many complex customer specific compliance issues.
– Jerry Glinnen, Compliance Manager, Lifetime Brands, Inc.