Seven Proven Methods to Reduce Retail Chargebacks
In today's apparel retail environment, retail chargebacks in the distribution center can represent a significant drain on profitability. Financial pressures on the vendor community to deliver supply chain efficiency are at an all-time high. The ability to stay current in handling these deductions can be a never-ending battle – however it doesn't need to be.
About the Author
Michael Bell is the author of this report and is a Senior Consultant with Commonwealth Supply Chain Advisors. Michael has sat at both sides of the table in the retail compliance debate over his 15-year career. As a supply chain director at Saks Fifth Avenue, he was actively involved in vendor compliance initiatives. As an independent consultant, he has worked with retailers such as Bon Ton and Big Lots to help them develop their vendor compliance programs, and has worked with major consumer goods manufacturers like Nestle to help them achieve compliance with these mandates.
Michael also has strong experience in EDI, WMS systems, and trade compliance. He resides with his family just outside of Baltimore, Maryland.