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Supplier, can you imagine getting this totally unexpected phone message: "You're about to get back $3 Million Dollars of lost revenue!"  Boyd Evert tells the True Story of a Retail Supplier facing significant deductions, lost bonuses and potential layoffs...until the experts at HRG did what only they can do.  This Case Study highlights the complexities of #Deductions, the emotional toll on #RetailSuppliers, and the importance of tactful communication in Supplier-Retailer relationships. This same expert guidance is available to you, Supplier...and it could save you Millions as well!  

Takeaways

• The sales team did not hit their bonus due to a $4 million deduction.
• Deductions can be complex, involving multiple parties and systems.
• Technology can help identify and resolve duplicate payments.
• Emotional impacts of deductions can affect supplier morale.
• Visibility into retailer systems is crucial for suppliers.
• Retailers often change systems, creating vulnerabilities for suppliers.
• Expert guidance can help suppliers navigate complex deductions.
• Building relationships with retailers can lead to better outcomes.
• Effective communication can de-escalate tense situations.
• Gratitude from clients highlights the importance of the work done.

#RevenueRecovery #RetailDeductions #RetailSupplier #CaseStudy #HRG 

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! 💡

www.HRG-audit.com
www.SavvySupplierPodcast.com

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"