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WHITE PAPER - wsinc.com

WHITE PAPERI mproving vendor compliance with retailer requirementsW1 WHITE PAPERith major retailers continually squeezing costs out of their supply chains, many are demanding that suppliers reduce order turn-around times and decrease the amount of time they have to spend handling and stor-ing merchandise at the DC and store level. Those vendors who don t comply with these new requirements face chargebacks and deduc-tions that can quickly drain profit and negative-ly impact the supplier-retailer the next few pages, we will look more closely at the ever-changing compliance requirements being imposed on suppliers, discuss the role that logistics services provid-ers can play in helping shippers meet these requirements, and show how one North American shipper is successfully overcoming the challenge by partnering with its third party logistics provider (3PL) to ensure com-pliance across the supply chain. Chargebacks, fines, and penaltiesTo maintain a competitive advantage and improve profit margins, retailers are using a number of strategies that can negatively impact a supplier s bottom line.

2 WHITE PAPER IMPROVING VENDOR COMPLIANCE WITH RETAILER REQUIREMENTS Partnering for success Two years ago, CCT Global Sourcing, Inc., a division of Axcess World, realized that it fell

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