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How to Dispute Amazon Vendor Central Chargebacks

In our previous post, we talked about how vendors can avoid their profits being eroded by Chargebacks. It explained what are the various reasons, Amazon may issue chargeback and how to avoid them. Disputing Chargebacks In this article, we’ll see how you can dispute chargebacks in a way that improves your chances of getting it approved. Chargeback Notification Amazon periodically sends a chargeback notification to its suppliers. This email has the details of the chargeback, including the category of the chargeback, the incident [...]

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Using Purchase Orders in QuickBooks Online

Purchase Orders Purchase Orders are important in Pre authorizing an expense. In many organizations, person authorizing the spend may not be the same as the person approving a supplier bill. So it is a good idea to follow the Purchase order process to manage expenses. QuickBooks Online and Purchase Orders QuickBooks online provides good features to manage purchase orders in a simple way. In this blog, we will see how to use Purchase orders feature in QuickBooks Online Turning On Purchase Order Feature Purchase [...]

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How to Avoid Amazon Vendor Central Chargebacks

Every Vendor Central (VC) supplier is familiar with the frustration of receiving a chargeback and seeing deductions from their payment. Due to the immense effort required to list and market a listing on Amazon, it’s important to limit or prevent these chargebacks from occurring. WHY DO CHARGEBACKS HAPPEN There are various reasons as to why a chargeback happens. It’s important to understand these reasons so you know what to monitor. PURCHASE ORDER (PO) ACKNOWLEDGEMENT:Late PO Acknowledgement: If the PO was not confirmed [...]

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A Comprehensive Guide to Supply Chain Collaboration

In every aspect of a a supply chain, there are areas of collaboration. It’s important to understand each type of collaboration, its use in the supply chain, and when a business needs to use it. Some common areas of collaboration include:Purchase Orders Shipments/Receipts Inventory/ Forecast Invoice/PaymentsPURCHASE ORDER COLLABORATION Some traits of businesses that need purchase order collaboration include:Companies with a small group of strategic, and where most items are single or dual sourced Companies that have frequent small volume purchase orders to the [...]

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Optimizing Business Output by Using VMI

In any business that deals in physical products, its inventory is its number one concern. Having a surplus means potential wastage and reduced efficiency, while having a deficiency means the inability to fulfill orders. Both situations are potentially disastrous to the business, and need to be prevented at all costs. As such, having an efficient inventory management solution is invaluable to any business. VENDOR MANAGED INVENTORY A vendor managed inventory (VMI) system is where the supplier or vendor holds the products [...]

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Inventory Visibility in Contract Manufacturing

Although it’s not a recent innovation, contract manufacturing is being widely adopted by many large corporations. One notable example of this is Apple, which contracts the manufacturing of its phones to external companies such as Foxconn. While research and development is still done by Apple, the actual creation of its products is mostly done elsewhere. This has a multitude of benefits to both the main company and the contractors. There are two main types of contract manufacturing: consignment and turnkey. [...]

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How Blockchain Technology Can Preserve Food Safety

Recently, there has been a large scale case of E.Coli outbreaks in the US, affecting mostly lettuce and lettuce based products. Due to the disastrous effects of the bacteria, keeping it away from customers is of the utmost priority. The difficulty in doing this arises from the near impossibility of fully tracing back a food product to its source. Between the restaurant that serves it and the farm that grows it, there may be a multitude of middlemen, each [...]

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Productivity vs. Efficiency – What to Measure

In ordinary day-to-day conversation for most people, the words ‘productivity’ and ‘efficiency’ are thrown around indiscriminately. They are, however, different and it’s important to know the difference and when to use them. PRODUCTIVITY V EFFICIENCY Productivity is the raw measure of how much product is made in a certain time, disregarding other metrics, like demand or wastage. For example, an employee of a company that makes 45 units an hour while the company only needs 30 is seen as very productive. [...]

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How Kanban is Re-Inventing VMI

A few decades ago, the idea of Vendor Managed Inventory was very popular. It was a new, innovative way of managing inventory where the supplier held the product until it was used. The customer benefited because they could maintain a constant inventory and were in a better position to negotiate. The supplier benefited too, since they were guaranteed business with the customer. It soon became apparent that VMI came with massive risks to both parties. From the customer’s perspective, [...]

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Shipment Trackers vs. Data Loggers

In most trucking and logistics companies, a device called a data logger is used (pictured below). This records the latitude and longitude of the shipment along with other statistics like temperature, humidity, etc. While this is useful to get an idea of the conditions the shipment has been through, it’s not ideal for a variety of reasonsINEFFICIENT REPORTING Like most wireless devices, data loggers are subject to battery levels and consumption problems. Using too much battery means a unit can [...]

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