The Foundation Vendor Compliance Solution
On-Demand
vendor compliance 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 (Summer 2008)
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