All About Retail Compliance: The Supplier's Guide to the Retail Supply Chain
Can you go to Google to search for information about the retail supply chain and compliance? Of course you can. But you'll probably see a list of dozens of resources, each with different terminology, definitions and best practices.
That's why the Retail Value Chain Federation (RVCF) created "All About Retail Compliance," a comprehensive reference for anyone connected to compliance in the retail supply chain.
Yusen, We Have a Problem!: Benefits of an NVOCC
Anthony Paik Jr., Yusen Logistics (Americas) Inc.
For the past couple of years the ocean import market has been very volatile to say the least. In the last twelve months alone rates have spiked upwards of $6,000 per 40' container to the East Coast to as low as $1,500 per 40'. As such, customers are now considering carrying both carrier direct contracts (BCO's) and working with NVOCC's/Freight Forwarders or just working without a carrier contract. The difference between the two is that with carrier direct contracts you deal directly with the carrier of the steamship line (SSL) whereas with an non-vessel owned carrier contract (NVOCC) you work with a company that has a license to carry ocean freight but does not own any of the vessels.
Ask a 3PL Expert: What Are My Rights?
Scott Weiss, Port Logistics Group
Q. We are trying to determine what right, if any, our 3PL has to our goods when it is at their distribution center.
Read the answer...
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 member ERA/Alliance Hanger.
Holiday 2015 Highlights Weak Points in Omni-channel Strategy
Carol Weidner, eZCom Software
Every holiday shopping season has its upsides as well as its lessons to learn. Holiday 2015 signaled an uptick in overall spending and consumer demand.1 However, digital shelves did not always meet that demand: this year, online out-of-stocks saw a ten to fifteen percent increase over 2014.2
RVCF Calendar of Events Update
The RVCF team works year round to create events that provide consistent value to our attendees, speakers and sponsors. Throughout our site selection process, we strive to find venues offering the best possible combination of availability, accessibility, overall quality of service and of course affordability – no small task!
Our 2016 calendar of events was recently announced and, for the first time, we have included "Save the Dates" for the next two years' Fall Conferences.
California SB 633 May Be a Belated Holiday Gift for U.S. Companies, But Using Unqualified "Made in the USA" Labels Still Poses Risks
Melissa Proctor, Polsinelli, P.C.
The State of California bestowed a belated holiday gift on U.S. manufacturers, importers, retailers and distributors effective as of January 1, 2016. Under SB 633, which amends Section 17533.7 of the California Business and Professions Code, goods sold in California may now be labeled "Made in the USA" if: (1) the finished product is manufactured in the United States; and, (2) any foreign materials or parts contained in the finished product do not exceed 5% of the final wholesale value of the merchandise. If the manufacturer can show that it cannot obtain the materials or parts in the United States from domestic suppliers, then the total foreign content cannot exceed 10% of the final wholesale value of the item. SB 633 effectively replaces the previous, more restrictive requirements of Section 17533.7 that put California law squarely at odds with the Federal Trade Commission's "Made in the USA" rules.
3 Key Components to Successful Supplier Onboarding, Part 1
Every month, we at Retail Value Chain Federation (RVCF) host our retailer-only open forum conference calls in which retailers can collaborate and share ideas for solving compliance issues. And every month without fail, a question is asked about supplier onboarding because every retailer understands that many compliance issues wouldn't exist if the retailer had done a better job of onboarding.
Quality in RFID
Danika Manchester, FineLine Technologies
Everyone knows the importance of quality in price ticketing. Merchandise that is not ticketed correctly cannot be processed efficiently through the supply chain, including potential delays and lost sales at POS. Quality issues are generally visible – the style description, size, or color do not match the merchandise, the price is not correct, or the barcode is not large enough or printed with enough quality to scan. Because these types of errors can be visually monitored, issues with the barcoded price ticket can be addressed early in the supply chain where errors are more cost effective to correct, either at the factory or distribution center. Even if the issue is not found until it hits the store floor, a replacement ticket can be printed onsite prior to sale
Using Technology to Increase Your Bottom Line
Alison Falco, Dynamic Systems Inc.
Too often small to mid-sized businesses will implement technology in the "back office" but overlook efficiencies that can generate cash flow and reduce costs on the job. The net income of the top construction and cleaning businesses in the US is as much as 25% higher than the rest and the major contributor to this difference is their use of technology. Accurate information that provides a business owner the ability to make immediate decisions about his/her operation resulting in a boost to profitability is crucial, especially in tight economic times. If revenue is down and the market mood does not permit price increases, then profitability can only be realized by reducing costs. So you must ask yourself, "What prevents me from 100% efficiency?"
|Vendor Compliance Analyst
The Vendor Compliance Analyst will assist the Vendor Compliance Manager in the administration, coordination, business impact, and communication of wholesale requirements. This includes responsibility for comprehensive review of new vendor guides, vendor guide updates, chargebacks and deductions, routing requirements, and value added service requirements.
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