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Compliance Networks, the leading provider of profit recovery solutions since 1999, now offers a phase one approach to vendor compliance optimization. Retailers can implement Foundation in 30 days or less to streamline their supply chain operations through the elimination or recovery of avoidable supply chain costs.

Today, retailers are capturing this data in PC-based spreadsheets and databases. In 30 days or less, we will get that data off the desktops and consolidate it, automate charge calculations and processing, and provide meaningful visibility for the extended retail supply chain.

Highlights of the solution include:

• On-demand SaaS vendor compliance solution
• Cost recoveries via distribution center problem shipments and manual audits
• Automated vendor scorecards
• E-mail alerts with supporting documentation and photos of supply chain compliance issues
• A Web portal

Foundation enables retailers to proactively identify common supply chain profit leaks while overcoming two common industry constraints, limited working capital and over-committed IT resources. According to Greg Holder, CEO of Compliance Networks, "Today, more than ever, retailers can't afford to have avoidable supply chain costs residing on their income statements. With Foundation in place, retailers can begin capturing supply chain failures in 30 days or less and begin working towards an error-free supply chain." Holder went on to say. "When the supply chain is absent of avoidable costs and errors everyone wins, the retailer, the vendor, and most importantly, the consumer. And, if the retailer chooses to make sustainability as part of their compliance process, then the environment wins as well. In today's challenging economy, the reduction or elimination of avoidable costs is now more important than ever. This season will be critical for many retailers this year. We intend to make a difference for them."

Foundation is available for release as of June 16, 2008. "Foundation can be implemented in time for the fall season," commented Kevin Harris, Director of Marketing for Compliance Networks. Harris went on to add, "Today, retailers are capturing this data in PC-based spreadsheets and databases. In 30 days or less, we will get that data off the desktops and consolidate it, automate charge calculations and processing, and provide meaningful visibility for the extended retail supply chain."