Question & Answer: Hmwrk = Google "Vendor Compliance Guides" (VCG's) & "Vendor Chargebacks" Post this Page with your answers…..

Hmwrk = Google “Vendor Compliance Guides” (VCG’s) & “Vendor Chargebacks”
Post this Page with your answers in Bb by 9 pm Sunday Sep 10
I was able to Find “BIG LOTS” & “Bed Bath’s” Vendor Compliance Guides = Especially review “Chargeback page”
listing the “non compliance” fines that the retailer deducts from the supplier’s invoice
Student Name:
VCG is From (Co Name):
Part A List Bullet Points of “What’s Good about VCG’s” (3 Max)
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3
Part B List Bullet Points of “What’s Bad about VCG’s” (3 Max)
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3
Part C Overall, are you in favor of VCG’s (yes or no)?
Your Answer here>>
Part D List Bullet Points supporting your reasons (5 Max)
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2
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5
I want to see your rationale in bullet point form (dispense with flowing prose or long sentences)

Expert Answer

One of the vendor compliance guide and charge back can be found at the link www.ssww.com/downloadDoc.php?id=8614

VCG provides important information concerning our business practices and expectations

List Bullet Points of “What’s Good about VCG’s” (3 Max)

  1. It provided clear cut instruction for compliance and non-compliance,
  2. It also includes the customer points i.e. what a customer expects from service.
  3. It also focuses on vendor rights instead of just focusing on customer and the company only.

List Bullet Points of “What’s Bad about VCG’s” (3 Max)

  1. It doesn’t consider effect of force measures on the delivery delays and subsequent abolishment of liability.
  2. Company puts loss of proprietary information in supplier only without considering the fact that los can also occur at the company end.
  3. The VCG guidelines lack provisions for two-way communication and support.

Overall, are you in favor of VCG’s (yes or no)?

Yes, I am in favor of VCG

List Bullet Points supporting your reasons (5 Max)

  1. The VCG takes care of almost all points required for maintain good relationship,
  2. It also focus on sustainability and environment,
  3. It provides clear cut definition of quality and customer expectation,
  4. It provides clear cut measures of the delays and the associated penalties.
  5. It is comprehensive in nature.
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