Product/Service

Entry-Level Vendor Compliance Solution

Source: Compliance Networks

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Compliance Networks announces rCMS Foundation, the latest in vendor compliance solutions for retailers. rCMS Foundation provides on-demand vendor compliance solutions that retailers can have implemented in 30 days or less.

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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.

On-Demand vendor compliance and supply chain visibility solution

  • No hardware or software to purchase or maintain
  • Creates cost recovery via distribution center problem shipments and manual audits
  • Solution is limited only by the amount of data provided
  • Solution evolves as customer’s vendor compliance program evolves
  • Built on the same technology that drives Compliance Networks highly-successful Retail Compliance Solution

Robust Features

  • Best-in-class Vendor Compliance Optimization (VCO) solution
  • Cost recovery creation and dollar calculation derived from customer vendor manual
  • E-Mail alerts with supporting documentation and photos for supply chain failures
  • Distribution center trouble management  system
  • Unlimited manual audit entry forms (DCs, corporate offices, 3pls, stores, etc.)
  • Vendor analysis and reporting capabilities
  • Automated emailing of vendor scorecards
  • Automated charge file transmission to accounts payable
  • Web portal for compliance activities

Big Value for a Low Cost

  • Expense control:  Vendors are charged with cost recovery for not following requirements
  • Behavior change: Vendors begin to follow the rules when failures are brought to their attention
  • Improved profitability: Supply chain improves as vendors improve, if vendors do not improve the cost recovery offsets the added expense to do business with them
  • Single source, single tenant database for compliance information
  • Low risk opportunity delivered in less than 30 days
  • Perfect solution to replace Excel or Access based solutions or for introducing a compliance program for the first time
  • Limited requirements from customer IT staff

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