NAVIGATING RETAIL DEDUCTIONS: A SIMPLIFIED APPROACH
May 15, 2019 | (12:00 PM)
USA (United States of America)
Through customer interviews and interaction, we’ve found that suppliers could be losing as much as 10% of revenue to retail deductions. In some cases, they could be losing up to 50 %! This amounts to a significant loss in cash flow. In return, deductions can affect the current and future status of a company. Ignoring retail deductions small and large creates a greater problem than you may realize. Catching up on deductions can take up to eight hours a day depending on the status of your team and volume of deductions.