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May 2013
In this Issue...

New Studies from RVCF

Retail Margin Risk: 5 Critical Supply Chain Steps to Ensure Merchandise Plan Execution

Vendor Compliance: From a 3PL Perspective

Strengthening the Links in Today's Retail Value Chain

Negotiation of the EU-US Free Trade Agreement Slated to Begin in Late June

Women in Logistics: Is There Still A Glass Ceiling?

New CPSC Testing and Certification Rules: Helpful Hints for the Happy Importer

Costing and RFQ's for Soft Goods



New Member Spotlight...

Pep Boys

RVCF is a member-based organization focused on promoting best practices, trading partner alignment and collaboration, and technology solutions to streamline operations, lower costs and speed goods to market throughout the retail value chain. RVCF welcomes new members Pep Boys.



Upcoming Events

Retail Open Forum
5/9/2013
Conference Call

Supplier Open Forum
5/10/2013
Conference Call

Retail Only Conference
6/2-4/2013
Conference

Annual Fall Conference
11/3-6/2013
Conference

 

 



Complimentary Resources

RVCF Live LINK: Listen Now

EDI User Report

Retail Industry Briefing Book

From Punitive to Partnership - Transforming Retailer Vendor Relationships

Omnichannel Considerations for the Purchase Order Process

Holistic Supply Chain Management

You Know Your Supply Chain Needs To Be Updated When...

Five Steps to a High Performance Retail Supply Chain

The Omnichannel Retail Supply Chain

Best Practices for Shipment Shortages

CLICK HERE for Additional Resources


RVCF Compliance Clearinghouse

 

Retail Only Conference

From the Desk of Kim Zablocky:
New Studies from RVCF


RVCF LogoRVCF is working on two great new studies for the second half of 2013. The findings of the first study (VAS) will be presented at our Fall Conference at The Westin Kierland Resort, Scottsdale, AZ, November 3-6, 2013 with the second (3PL Scorecarding) being released in 2014.
Read more...


Retail Margin Risk: 5 Critical Supply Chain Steps to Ensure Merchandise Plan Execution

Every year, retailers spend hundreds of millions of dollars to create the perfect merchandising plan. Industry demographics are measured and focus groups created in an attempt to define the desired customer. Once the perfect customer and corresponding products are identified, sophisticated forecasting, planning and allocation systems are utilized to construct complex merchandise plans to achieve specific margin objectives.

Unfortunately the results, particularly during promotional or seasonal events, are often missed margin opportunities combined with damage to the retailer's valuable brand because of out-of-stocks (OOS) at the shelf.
Read more...


Vendor Compliance: From a 3PL Perspective

We now conclude our series of 7 steps to reducing chargebacks:

  • Step 1 - Quantify the financial impact of chargebacks
  • Step 2 - Utilize an advanced warehouse management system (WMS)
  • Step 3 - Get EDI Right
  • Step 4 - Make compliance someone's full time job
  • Step 5 - Develop a better audit process
  • Step 6 - Challenge Chargebacks
  • Step 7 - Build relationships with key retailer contacts

Read more...


Strengthening the Links in Today's Retail Value Chain

Retailers and consumer goods companies struggle to meet ever-changing consumer demand. Staying in-step with customers while preserving margins requires a new level of global supply chain excellence. This fast moving, omni-channel world requires multi-enterprise collaboration to orchestrate all moving parts. Multiple parties need to truly collaborate to manage the flow of data, goods and capital. Constant fine tuning is necessary to align supply with demand. For that to happen, all parties require clear visibility into a single version of supply chain truth to ensure goods are produced at the calculated cost - and sold at full margin.
Read more...


RVCF New Member Spotlight

RVCF is a member-based organization focused on promoting best practices, trading partner alignment and collaboration, and technology solutions to streamline operations, lower costs and speed goods to market throughout the retail value chain. RVCF welcomes new members D&H Distributing, Eastern Mountain Sports, GT Nexus, Hibbett Sports and Pep Boys.
Read more...

RVCF Launches RVCF Live LINK Podcast Series

RVCF Live LINK: Subscribe through iTunesRVCF introduces a new series of podcasts called the RVCF Live LINK, where we focus on trends and opportunities relevant to today's changing retail landscape.


Negotiation of the EU-US Free Trade Agreement Slated to Begin in Late June

The United States and the European Union are in the very early stages of pursuing a free trade agreement with one another - the Transatlantic Trade and Investment Partnership (commonly referred to as the "TTIP"). Formal negotiations are anticipated to begin in late June 2013 - almost twenty years after the idea of such an agreement was first proposed by the two regions.
Read more...


Women in Logistics: Is There Still A Glass Ceiling?

The simple answer to this very important question is, "yes, there is still a glass ceiling" for slightly more than half of our workforce here in America.

Today, we are experiencing a real employment paradigm shift where we see women entering the white-collar workforce in greater numbers than men. It has been shown that there are now roughly fifty-three females for every forty-seven males entering the workforce.
Read more...


New CPSC Testing and Certification Rules: Helpful Hints for the Happy Importer

This article summarizes the new CPSC children's products testing and certification regulations; CSPC import surveillance activities; and suggests specific strategies for U.S. importers, retailers and manufacturers to maximize their likelihood of compliance with these new requirements, while minimizing testing and administrative costs.
Read more...


Costing and RFQ's for Soft Goods

The costing for apparel and other soft goods has always been a critical process in the product life cycle, even though it has evolved quite a bit over the last couple of decades. It used to be that you had an engineer estimate standard allowed minutes for each labor operation, calculate material cost, add in some overhead and it resulted in a pretty firm cost. Today, costing is complicated by the fact that most apparel is made overseas and costs must come from your agents or vendors.
Read more...


IMS Results Count

Why retailers must excel in the 4 Cs instead of just the 4 Ps
Read more...


Looking for a new position? We have one to offer.
Featured Position


RVCF Career CenterBusiness Development Representative
Contribute to the RVCF's expansion by helping to build market position and develop new business relationships. Responsibilities include identifying potential clients, presenting opportunities for participation, negotiate and close contracts. This telecommuting position offers flexible hours and a base salary plus commission.
Read more...


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