Vendor Compliance – The Answer

Vendor Compliance regulations for retailers can consume your staff, and if done improperly, your profits.
ShipLinx, our transportation procurement software, turns this difficult process into easily-programmed rules that immediately improve scorecard performance and put your staff back in charge.  Give us a call or email us to see why some of the largest retailers in the world – along with their vendors – are utilizing and promoting RateLinx technology.  We promise you have never seen anything like it – and it works, providing unparalleled visibility and data integrity throughout your supply chain.

RateLinx puts that control where it should be – in your hands. Get the power to conquer vendor compliancy while driving freight program compliance up and down your supply chain. Obtain the data to reduce your costs and eliminate chargebacks / fines / penalties.  See why vendors (Outbound) of their large customers (Inbound – particularly retail) and even carriers are hailing RateLinx’ ShipLinx technology as “the answer” to Vendor Compliance.

Why should vendors of large companies utilize ShipLinx technology?  Quite simply, it lowers the cost of doing business with the retailer or large customer by totally eliminating compliance fines / chargebacks by increasing collaboration between the supplier and customer through technology.  Vendor penalty fees and fines increase your cost of goods sold, and eliminating them will increase the net present value of your company.

Vendor Routing Guides can oftentimes be cumbersome – ShipLinx simplifies these guides to ensure compliance and improve vendor scorecards, and can handle an unlimited amount of compliance rules and guidelines.  Vendors can now easily manage a multi-modal network, including Small Parcel, LTL, Truckload, Ocean, and because we’re fully-certified with all small parcel carriers (UPS, FedEx, USPS, DHL, Canpar, BAX, etc.), vendors are covered from top to bottom.  Also, you’ll now have help with the management of YOUR vendors as well.

You have hundreds, even thousands of vendors – and your company put much time and effort in putting together your vendor compliance program with reasonable rules and guidelines.  However, your vendors are still struggling to adhere to your program, and even chargebacks and fines are not promoting compliance and scorecards are suffering as a result – as well as chaos some days.  Quite simply, RateLinx technology will help your vendors comply with the rules and requirements referenced in your vendor compliance manual.

By making RateLinx’ ShipLinx technology part of your compliance program to your vendors, you will finally receive the visibility, EDI standards, and data integrity that you have been striving for – with nothing out of your pocket.  Your company will achieve consistent product movement and lowest landed cost based on your established price / service criteria.  Based on your vendors’ order processing time and carrier transit time performance, you can assign your ship dates and delivery due dates. Lead time is measured from when the order is placed with your supplier to when the merchandise is received by the retailer. Consistent delivery performance and consistent freight flow can reduce inventory and distribution costs.

Also, your vendors will thank you.

While there are clear advantages for both vendors and their customers, there are also advantages for the carriers they utilize.  RateLinx tools help carriers by eliminating large spreadsheets filled with unpaid freight bills due to missing P.O. numbers, as well as eliminating dedicated staff for hand-keying Bills of Lading to ensure that P.O. numbers and other key reference numbers are entered on the invoice.  Instead, carriers can focus on managing pickup and delivery schedules which will allow you to reduce delivery exceptions.