What Is the State of Compliance Management?
A few weeks ago, Retail Value Chain Federation (RVCF) introduced a survey for merchandise suppliers that is intended to help us assess the state of compliance management. We want to know how compliance requirements, onboarding, and various types of deductions and chargebacks are being managed, the prevalence and role of cross-functional teams in managing chargebacks, and the level of collaboration with retailers.
Yusen, We Have a Problem!: VERMAS – Are You Ready?
George Hok, Yusen Logistics (Americas) Inc.
In November 2014, the International Maritime Organization (IMO) adopted the mandatory amendment to the International Convention for Safety of Life at Sea (SOLAS) regulation. This regulation required that all laden containers arranged for transportation via maritime means will require having a Verified Gross Mass (VERMAS) as a condition of being accepted on board a ship where the SOLAS amendment applies; this new requirement will be in effective July 1, 2016.
Join us on February 24th for a demo and tutorial on how to effectively use the RVCF Compliance Clearinghouse to cut back on errors and deductions. Whether you're a first time user or a long-time member, we'll show you how to make the most of this service and what it has to offer.
What We'll Cover
- How the Clearinghouse works
- What's available with the service
- Navigation basics
- Tips and tricks to streamline compliance change management
- Recommendations on incorporating into your cross functional teams' processes
This is for merchandise suppliers and select 3PL service providers only. Space is limited; registration will be closed once the maximum number of participants is reached. Participation is subject to approval.
Ask a 3PL Expert: The Right DC Location
Scott Weiss, Port Logistics Group
Q. How do we decide where our distribution center should be and how many should we have?
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 David's Bridal.
Ready for Liftoff: How to Scale an RFID Project from Pilot to Production
Sheldon R. Reich, CYBRA Corporation
Now that you've made the commitment to turn the cost of an EPC (Electronic Product Code) retail compliance mandate into a supply chain enhancing investment that will boost your bottom line, here's how to ensure success as you roll out an RFID project from the pilot stage to full production.
Out of Control Chargebacks
Chris Manchen, 1 EDI Source, Inc.
Studies indicate that chargebacks can add up to almost two percent of revenue. Ask these three questions to learn whether or not chargebacks are out of control in your organization.
Usually retailers have good reasons for implementing chargebacks. Yes, chargebacks can be painful, but the retailer believes that the momentary financial pain will drive suppliers to better comply with policies and eliminate costly inefficiencies in the overall supply chain. However, when the supplier lacks visibility into the actual reasons for those chargebacks and are unable to fix the systematic problems, they usually resign to the fact that chargebacks are simply a cost of doing business. With today's modern EDI technology, it doesn't have to be that way.
Reports of the Complete Lifting of Sanctions on Iran Have Been Greatly Exaggerated
Melissa Proctor, Polsinelli, P.C.
Despite what has been widely reported in the media, on the streets, and around the water coolers of many an eager U.S. retailer, manufacturer, importer and exporter, the reports of the complete lifting of the U.S. sanctions on Iran have been greatly exaggerated. The following is intended to provide a clear picture of the current status of the U.S. sanctions on Iran, as well as to clarify what the recent nuclear-related sanctions relief actually means for U.S. companies. The key takeaways here are that: (1) the recent lifting of certain secondary nuclear-related sanctions on Iran primarily impacts non-U.S. companies; and, (2) U.S. companies and their foreign affiliates are still prohibited from selling and exporting products to Iran in the absence of an available General License, a one-year license under the Trade Sanctions Reform Act (TSRA) or a Specific License from Office of Foreign Assets Control ("OFAC").
3 Key Components to Successful Supplier Onboarding, Part 2
In the January 2016 edition of RVCF Link, we began to outline the three steps in the supplier onboarding process. Effective onboarding is essential to a successful and profitable retailer-supplier relationship, but few retailers have mastered this process. We know this is true because questions about how to improve supplier onboarding are part of our retailer-only open forum conference calls every month.