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  SEPTEMBER 2013
  In this Issue...

A Letter to Our Retailer Friends

Five and Ten: Five Rules and Ten Steps for a Successful Supplier Contract

Trans Pacific Partnership and ISF Updates

The Customer Centric Supply Chain

Doing Business in/with the Middle East? The Consequences of Anti-Boycott Non-Compliance Can Pack a Wallop

The Best Customers Get the Best Ideas

Four Familiar Inventory Troubles - Which Do You Want to Overcome?



Upcoming Events

Supplier Open Forum
9/13/2013
Conference Call

Navigate and Leverage the TradingPartnerInsight.com Vendor Portals
9/26/2013
Webinar

EDI Best Practices For Retailers
10/2/2013
Webinar

Retailer Open Forum
10/3/2013
Conference Call

Annual Fall Conference
11/3-6/2013
Conference


SAVE THE DATE!

2014 Spring Conference
5/5-7/2014
Sanibel Harbour Marriott Resort & Spa
Conference

 



September Featured Resource

Product Lifecycle Logistics
Did you know that Product Lifecycle Logistics can reduce supply chain costs an average of 10% - 20%? However, this substantial savings opportunity requires a change in the way companies view and manage their supply chains. By breaking through the barriers of a segmented supply chain, your business can incur the least cost and extract the maximum value from your products. Download our white paper now to find out more about the game-changing approach of Product Lifecycle Logistics.



Complimentary Resources

RVCF Live LINK: Listen Now

Still Using the Archaic UPH System? Shame on You!

EDI User Report

From Punitive to Partnership - Transforming Retailer Vendor Relationships

Omnichannel Considerations for the Purchase Order Process

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

Five Steps to a High Performance Retail Supply Chain

The Omnichannel Retail Supply Chain

CLICK HERE for Additional Resources


RVCF Compliance Clearinghouse

 

From the Desk of Kim Zablocky:
A Letter to Our Retailer Friends


RVCF LogoWhy should my business engage in the RVCF? Simply put, in this age of omni-channel retailing, there is very little opportunity for price optimization as profit has to be driven by improved business process management. That said, the real place to improve bottom lines is speeding goods to market. Though easier said than done, retailers need to work closely with their merchandise suppliers to assure that goods flow in an error-free environment.
Read more...


Register Now for the 2013 RVCF Annual Fall Conference


Five and Ten: Five Rules and Ten Steps for a Successful Supplier Contract
Kate Vitasek and Joe Tillman, Supply Chain Visions


Alignment, communication and collaboration are crucial for an effective buyer-supplier retail value chain. That's easy to say, not necessarily easy to accomplish.

But there is a better and proven way for companies to achieve long-term agreements with suppliers - by sharing and creating value based on aligning performance and goals through deep collaboration, trust and cooperative innovation. This is the Vested approach in a nutshell.
Read more...


Trans Pacific Partnership and ISF Updates
Mark R. Kopp, Yusen Logistics (Americas) Inc.


The 19th round of the Trans Pacific Partnership (TPP) agreement was held the third and fourth weeks of August in Brunei.  The United States was represented by new USTR Ambassador Mike Forman.  The following is a press release issued August 30, 2013 by the office of the United States Trade Representative1.
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The Customer Centric Supply Chain
Tamara Saucier, GT Nexus


The core tenet of retail is knowing your customer. In today's omni-channel world, retailers have been adopting customer focused strategies in sales, marketing, and planning to ensure their brand experience is a positive one. But true customer centric retailing cannot be achieved only at the engagement level; the customer must be at the core of all operations. The delivery experience is the last - and most memorable - moment of truth. This is wholly impacted by the execution of the retail supply chain. So why aren't more retailers focused on a customer centric supply chain?
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RVCF Live LINK Podcast Series

RVCF Live LINK: Subscribe through iTunesSubscribe to the RVCF Live LINK podcast channel, where we focus on trends and opportunities relevant to today's changing retail landscape.


Doing Business in/with the Middle East? The Consequences of Anti-Boycott Non-Compliance Can Pack a Wallop
Melissa Miller Proctor, Esq., Sandler, Travis and Rosenberg, P.A.

Odds are that many (if not most) importers, exporters, manufacturers and retailers have never heard of the U.S. anti-boycott laws and regulations. Yet, it is reported that U.S. companies receive, on average, roughly 10,000 boycott-related requests from their foreign suppliers, distributors, business partners and customers each year. Thus far in 2013, the Commerce Department's Office of Antiboycott Compliance ("OAC") has imposed almost $250,000 in civil penalties against unwary U.S. companies who have run afoul of the complex anti-boycott requirements.
Read more...


The Best Customers Get the Best Ideas
Bill Michels, ADR North America LLC


Have you ever wondered how suppliers view your company? What selection criteria do suppliers use when deciding who gets the innovative products, who gets orders cut, and which SKUs get rationalized? It is essential that every company analyze just how the supply base views them. As buyers we have classifications for our suppliers and strategies for each classification. We decide if we can leverage the supplier, focus on risk, build strategic relationships, and minimize effort. This article is designed to make buyers think about how suppliers view their customers.
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Four Familiar Inventory Troubles - Which Do You Want to Overcome?
Stuart Dunkin, Data Profits Inc.

You experience some inventory troubles on a regular basis - out of stocks, overstocks, bumpy cash flow, and lost sales - every week in your retail business. What about Inventory Optimization?

Inventory optimization has been made to sound like the "end all" answer to these four profitability issues. Is it a state of nirvana for retailers that, if reached, magically removes all inventory troubles? What is inventory optimization and is it truly the "final answer?"
Read more...

 

IMS Results Count

Stripping the store to the walls... Is it still a store?
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Looking for a new position? Have one to offer?RVCF Career Center
Visit the Career Center


RVCF's Career Center has been designed to assist employers and
job seekers in filling open Retail Supply Chain positions. Our Career Center is available to RVCF members and subscribers and is included as one of the many benefits of RVCF membership.
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