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  December 2013
  In this Issue...

The Price of Non-Compliance

Returns Open Forum Conference Call for Suppliers

Making a Difference in Today's World

7 Ways to Redefine Your Supply Chain to Achieve Operational Excellence

CPSC Proposes Controversial Changes to Product Safety Recalls and Corrective Action Plans

Your First New Year's Resolution: Check Your Routing Guide Compliance Pulse

Core Adjustment Reason Code Technical Report Nearing Completion

Inventory: Share and Share Alike

Supply Chain Segmentation Journey for Retailers



Upcoming Events

Retailer Open Forum
1/9/2014
Conference Call

Supplier Open Forum
1/10/2014
Conference Call

Returns Open Forum for Suppliers
1/14/2014
Conference Call

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


SAVE THE DATES!

2014 Fall Conference
11/2-5/2014
Camelback Inn Resort & Spa
Conference

 



Complimentary Resources

RVCF Live LINK: Listen Now

9 Steps to Building a Business Case for B2B Integration

Your Playbook for Creating a Winning Data Transmission Service

Prove Your Value to the Line of Business and Win the 2014 Budget Battle

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

CLICK HERE for Additional Resources

 


RVCF Compliance Clearinghouse

 

From the Desk of Kim Zablocky:
The Price of Non-Compliance


RVCF LogoI was talking with a credit manager the other day who used to work at a sizable apparel manufacturer that was previously a member of RVCF. This person stated that when they arrived at the job, there was over a million dollars in chargebacks sitting on the books, of which most could be "written off" as uncollectible. The person stated that the previous credit manager was an RVCF member, but couldn't travel to the events and was unable to get their order management team involved.
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RVCF SPECIAL ANNOUNCEMENT:

RVCF and GS1 US have begun an official collaboration. Both organizations are committed to improved business processes and relations within the retail industry. Through our mutual membership and participant base we are able to leverage thought leadership to uncover supply chain disruptions, identify best practices, and offer solutions to remedy these issues. Sharing a mutual venue at RVCF events will yield greater participation and involvement to ensure the voice of the supplier is heard.
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Returns Open Forum Conference Call for Suppliers

For years manufacturers/wholesalers have struggled with reconciling RTV's (Returns to Vendor) or simply Returns. RVCF will make a deliberate effort in helping our supplier members explore best practices in the handling of returns. Our first step is to introduce a Supplier Returns Open Forum that will discuss issues related to the returns process.
Read more...


Speaker Contribution:
Why Reverse Logistics Needs to Become a Core Competency Inside Your Supply Chain


Companies and their supply chain managers can no longer afford to treat reverse logistics as an afterthought. There is just too much at stake in terms of brand protection, sustainability requirements, and ultimately profitability.
By Dale S. Rogers, Ron Lembke, and John Benardino.
Read the full story...


Making a Difference in Today's World
Mark Kopp, Yusen Logistics (Americas) Inc.


Does your company have standards in place that contribute to the betterment of societies throughout the world? Does your corporate mission include your social responsibility to society and a concern for the environment? Customers are increasingly asking potential suppliers about the supplier's policies on ethics, human rights and the environment. What can you tell a potential customer about your actions in these areas? There are three measures that any business organization can take to advance Corporate Social Responsibility (CSR) and to be a good steward for the environment.
Read more...


7 Ways to Redefine Your Supply Chain to Achieve Operational Excellence
Tamara Saucier, GT Nexus


Today's retail industry places value on sustainable business growth and brand equity. Success is measured in income, margins and competitive differentiation - how you separate yourself from the rest. In years past, retailers built their supply chain strategies around delivering the right assortment of low cost goods in the most efficient manner to the store to achieve these success metrics. However, the fast rise of technology placed into the hands of consumers has turned supply chain strategies upside down. The consumers' demands for assortment options at low cost and in their preferred delivery mode has forced retailers to redefine supply chain goals. The term supply chain operational excellence has a significantly different meaning today than it did just two years ago.
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CPSC Proposes Controversial Changes to Product Safety Recalls and Corrective Action Plans
Melissa Miller Proctor, Esq., Sandler, Travis and Rosenberg, P.A.

On November 22, 2013, the Consumer Product Safety Commission ("CPSC") published its proposed rule, which was to provide interpretative guidance for voluntary recalls per Section 15 of the Consumer Product Safety Act ("CPSC").1 Specifically, the CPSC intended to issue guidelines for the recommended form and content of voluntary recall notices in order to provide greater transparency and predictability for U.S. companies as well as to expedite the dissemination of recall information to the public.
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Your First New Year's Resolution: Check Your Routing Guide Compliance Pulse
Scott Weiss, Taylored Services

In the world of warehousing, the end of the year typically equates to a physical inventory so let's take this month to perform a physical inventory on your routing guide compliance success over the past year as you prepare for a healthy and chargeback free 2014.
Read more...

 

Core Adjustment Reason Code Technical Report Nearing Completion

The Remittance Coalition's Core Adjustment Reason Code Technical Report overcame an important hurdle. X12 and X9 have signed a memo of agreement. Accredited Standards Committee X12 is agreeing to allow the use of its codes in Table 2: ASC X12 Cross Reference Core Adjustment Reason Code List. The TR will be edited to make it an exclusive X9 document at this time and it will be made available free of charge.
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Inventory: Share and Share Alike
Dwight D. Hill, The Retail Advisory LLC


The customer has forced retailers to forever change the retail concept of "inventory." She is demanding information and wants to know if her selection is available and, if not, you'll probably get one chance before she's moving on. She has no patience if she can't get her hands on it and retailers must adapt. A quote I've always liked is "share and share alike" and this is quickly becoming the protocol among progressive retailers choosing to be prepared for this omni-channel customer by opening up and creating a "virtual stockroom."
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Supply Chain Segmentation Journey for Retailers
Ehap Sabri, Ph.D., CFPIM, University of Texas at Dallas

In response to the dramatic changes in the business landscape over the past few years, several retail companies are stepping back and assessing whether they have the right supply chains to support their dynamic businesses and exploring supply chain segmentation to reduce complexity and improve margin. It is crucial to simplify complex, one-size-fits-all supply chains and deliver the right level of service for each customer/channel segment. Taking the journey of supply chain segmentation for retailers is no longer an option - it's a strategic mandate in order to stay relevant in the industry.
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IMS Results Count

Declaring that you are omni-channel does not "Make it So." Retailers require more than words to deliver a seamless experience.
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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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