RVCF Is Offering a Holiday Special for New Supplier Members
December RVCF Link: From Desk of Kim Zablocky
We’re heading down the home stretch of what has been a fantastic holiday season in retail. Shoppers feel good about the economy, sales were up on Black Friday and throughout the holiday weekend, and the retail industry is poised for a strong finish. If you’re a CFO or COO for a merchandise supplier organization, you probably have a big smile on your face right about now.
Then your retailer customers remit outstanding invoices and you notice a high number of deductions. Shipments didn’t comply with retailer requirements. Some arrived early or late to the retailer distribution center. Others were unannounced because of ASN issues.
Meanwhile, the finance department is fuming as they try to figure out how tens of thousands of dollars disappeared. Can you really afford to lose 1 to 2 percent of gross sales due to shipping errors?
There’s a solution to this accounts receivable dilution. It’s called retailer-supplier collaboration. And it begins with RVCF membership. Here’s how RVCF brings trading partners and peers together to solve problems and increase profits.
Two National Conferences
RVCF’s Annual Spring and Fall Conferences drive collaboration by providing a platform for learning about important industry issues, best practices and, most importantly, one-on-one meetings with retailer customers. Supplier members have told us that the access we provide to multiple retailers in a single trip and the ability to address specific issues during each meeting are worth the cost alone.
Supplier Open Forum Calls
Each month, merchandise supplier members have the opportunity to help and learn from peers who are dealing with or have already overcome similar issues with retailers.
RVCF Compliance Clearinghouse
When you miss changes to retailer requirements, orders continue to ship incorrectly, chargebacks mount, revenues are lost, and the trading partner relationship suffers. The RVCF team monitors the compliance guides of more than 100 retailers so you don’t have to devote resources to this tedious process. We then alert your order-to-cash team of changes within 24 hours so you can proactively address the issue and contact your retailer customer if necessary to implement an suitable solution.
Help Desk Support
Struggling with a problem that your in-house team can’t seem to solve? RVCF members can always reach out to the RVCF team’s industry veterans for help.
Workshops and Webinars
In addition to our annual Spring and Fall Conferences, RVCF offers workshops and webinars to educate your team about best practices, the latest research and trends, and how to adapt to a quickly changing retail landscape.
All About Retail Compliance
All supplier members receive a free issue of RVCF’s All About Retail Compliance, a comprehensive reference for anyone who works in compliance in the retail supply chain. This handbook includes terminology, definitions and best practices that reflect the latest industry trends and technology. In addition to serving as a value source of information, All About Retail Compliance can be used as a training tool.
RVCF periodically conducts surveys and studies that shed light on important issues, such as compliance management, drop ship, fill rate, investigating and reconciling deduction claims, value-added services and more. By sharing your experiences, insights, concerns and frustrations, you can push for changes that benefit your organization and the entire supplier community.
Our Holiday Special for New Supplier Members
If you’ve never been a member of RVCF or haven’t been a member since 2014, you can take advantage of 20 percent savings on regular membership pricing. Your company must join on or before January 15, 2019, which happens to be our 19th year in existence.
I’m happy to say, and I’m sure RVCF members will concur, that we have saved suppliers millions of dollars over the years by creating opportunities for collaboration with retailer customers, peers and service providers.
RVCF membership provides your order-to-cash team with the tools they need to speed goods to market and get products in the hands of consumers in an error-free, cost-effective manner. By joining RVCF, you’ll demonstrate to retailers that you’re committed to order fulfillment excellence and improving the trading partner relationship.
Again, 20 percent off RVCF membership for new supplier members is only available through January 15, 2019. For more information, contact Susan Haupt, RVCF Vice President of Operations and Member Services, at 646-442-3433 or firstname.lastname@example.org.