Articles

• A Simple Way to Reduce Returns, Increase Revenue, and Streamline Inventory Management ... By Brion Carroll, CEO & Principal Consultant, Digital Solution Group, LLC. and Dann Gershon, Founder & CEO, zenColor Company LLC. and 
   

• Tackle Retailer and Carrier Portals with Ease ... By Frank Buck, Director of Product, Carixa

Deductions Automation: Two Technology Competencies Every Deductions Expert Must Leverage

Panel: Carixa order-to-cash technology, Smyyth as a third party recovery services firm, and an industry-leading practitioner that deals with deductions at some of the best known brands in the world.

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In this webinar, a panel of experts will share how Robotic Process Automation (RPA)  is helping extract debit memos and deductions from remittance statements inside portals, from EDI and every other format you are getting them in today (not just Big Box).  Our team will highlight how integration technologies like middleware are making it easier for business users to pull data from and update data to the ERP.  All this data gathering is the first competency to master.  

Beyond this, coding the deductions and tracking each step in the resolution process helps define cycle times to clear items with two clear objectives: 1. improve speed to resolution, 2. increase recoveries both in turn, drive lower DDOs.  For this second competency, you must deploy reason codes and policies that are detailed in line with retailer compliance using extensive pre-existing libraries, update those in sync with your customers’ reason codes so you have a data standard internally.  In the last step a system should auto-validate to process all compliances conditions straight through to the GL (see link) or have exceptions pushed through aided workflows to the right departments.  We will also explain how exceptions are best automated through workflow so deductions are rapidly acted on across a business. 

This is a game of collaboration.  Learn how organizations are using these metrics very effectively to track the overall performance of the process, including root cause analysis.

In this webinar you will have the opportunity to:

1. Learn about new low-code technologies and why you cannot afford to do business without them
2. Review a case studies of organizations using AI and RPA for better extraction, tracking and reporting
3. Digitizing a retailer’s rules into conditions based on auto-validation and why this is critical for organizations to implement today
4. Ways to measure deductions performance across the enterprise  ... Register Now!

Managing Strategic Shifts in Your Supply Chain

A  discussion with Brian Gibson and Glenn Richey of Auburn University; hosted by RVCF   Register Now!

RVCF and Drs. Brian Gibson and Glenn Richey of Auburn University's Harbert College of Business Center for Supply Chain Innovation have combined resources to create a timely talent development program focusing on critical supply chain issues. 

Join us for the first of two innovative and interactive offerings that will examine supply chain strategies and solutions for rapidly changing global environments.  Discussion will focus on actionable plans to shift your supply base, deploy artificial intelligence, and work around port challenges. ... Register Now!