Boyd Evert & Al Frank discuss the potential traps that #RetailSuppliers face at the end of the quarter. Also, they share lessons learned from the #COVID19 pandemic, emphasize the importance of #BestPractices training, and provide strategic advice for suppliers navigating uncertain times. The conversation highlights the need for clear communication, understanding the audience, and being proactive in addressing potential issues. #RevenueRecovery #PostAudit
Takeaways
* Suppliers must be aware of end of quarter traps.
* Clear communication with auditors is essential.
* Lessons from COVID-19 can help suppliers today.
* Best practices training can improve supplier performance.
* Understanding the audience includes recognizing auditors.
* Proactive measures can mitigate risks and penalties.
* Suppliers should document agreements clearly.
* Maintaining composure in communications is crucial.
* Awareness of market conditions aids strategic decisions.
* HRG offers support for suppliers facing challenges.
Titles
Avoiding End of Quarter Traps for Suppliers
Sound Bites
* "Don't be John McEnroe with auditors!"
* "Wiser decisions, fewer deductions."
Chapters
00:00
Navigating End of Quarter Traps
04:09
Lessons from COVID-19 for Retail Suppliers
09:01
Best Practices Training for Suppliers
12:11
Strategic Moves in Uncertain Times
Welcome to “The Savvy Supplier,” your go-to podcast for navigating the ever-changing landscape of retail supply! Join us as we dive into expert insights and actionable tips to help retail suppliers save time and money. From tackling inflation to optimizing operations, we’ve got you covered. Tune in every week for strategies that empower you to thrive in a competitive market. Don't miss out—subscribe now and become a savvy supplier! 💡
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Need help with managing Deductions and implementing Supplier Best Practices? Help is here!
Email: Boyd.Evert@HRG-audit.com
#RetailSupplierDeductions
#RetailSupplier
#Post-AuditClaims
#HRG
"Wiser Decisions, Fewer Deductions"
