Ask a 3PL Expert: Shortage Claims and Consolidators
Scott Weiss, Port Logistics Group
Q. We have received multiple shortage claims from one of our biggest retail customers on palletized goods that were delivered intact to a consolidator but were broken down by the consolidator and either delivered floor loaded or re-palletized with other goods? Who's liable for the shortage? Why would a consolidator do that? Should they do that? What can we do to fight these claims?
Read the answer...
Join us on June 29th 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.
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 M. Block and Sons.
VMI Growth is Accelerating According to Industry Analysts
Ellen Kaminski, Datalliance
Vendor Managed Inventory (VMI) is a business practice that has been around for many years. It has been a foundational collaborative process between manufacturers and retailers in the Consumer Packaged Goods (CPG) world since the 1990's, but in recent years, it has also become very common in a number of industrial product markets where it is being used with great success by manufacturers and their wholesale distribution partners. Now it is being increasingly adopted in new retail product segments as well, including non-fashion apparel, sporting goods, office supplies and others.
What's Behind the Inventory Crisis of 2016?
1.41 is a number being thrown around a lot this year. It's the ratio of inventory-to-sales in the U.S. as measured by the Census Bureau.1 In short, businesses have built up a glut of inventory that they're not moving. The last time the inventory-to-sales ratio was this high was 2009, when we were in the throes of the Great Recession – people lost jobs, businesses closed, nobody was spending, nobody was growing.
Suhas Sreedhar, GT Nexus
New Miscellaneous Tariff Bill Process Signed into Law – US Companies Should Start Exploring Potential Duty-Savings Opportunities Now
Melissa Proctor, Polsinelli, P.C.
On May 20, 2016, President Obama signed into law The American Manufacturing Competitiveness Act of 2016 (H.R. 4923), which fundamentally reforms the Miscellaneous Tariff Bill ("MTB") process and provides significant duty savings opportunities for U.S. companies. The MTB process temporarily suspends or reduces the duties that are assessed on imports of certain goods into the United States for a three-year period. U.S. importers and manufacturers favor MTBs because they allow finished goods to be produced in the United States at significantly lower costs, resulting in savings that can be passed along to their customers and U.S. goods that have an increased competitive edge in international markets.
How One Supplier Used Overseas Audits to Reduce Shipping Errors
It's no secret that shipping errors lead to chargebacks, lower margins, slower time to market, unhappy customers, and friction in the trading partner relationship. But what do you do when the source of the problem is on the other side of the world?
A Better Approach to Handling Retailer Debit Balances
Retailers and suppliers alike are frustrated by how to handle retail debit balances in a consistent manner that is fair to all parties. Retail industry practitioners know that an accounts payable account typically has a credit balance – which indicates the amount that a retailer owes a supplier for goods received.
ICYMI (In Case You Missed It)
Today's Advanced VMI is a Lot like Modern Doppler Radar – Really, It Is!
All About Retail Compliance: The Supplier's Guide to the Retail Supply Chain
Suppliers: Is a Lack of Management Buy-In Affecting Compliance?
5 Tips for Navigating the Amazon
Retailers, It's Time to Get Off the Sidelines
Will the SOLAS Container Weight Rule Bring Higher Shipping Costs and Delays?