Vendor Compliance Federation (VCF) Overview:
VCF is where vendors and retailers come together to:
- increase supply chain efficiencies
- minimize order fulfillment risk
- integrate processes and eliminate disconnects to prevent profit loss.
IHA members will receive 25% off VCF's current rate structure. Special rates have been negotiated for companies with less than $10 million in sales, allowing a small company to join the program for as little as $750 annually.
Find out more about VCF and how to become a member: www.vcfww.com/iha_home.asp
Deductions and post-audits represent significant areas of risk that can affect bottom line results. Positioning your organization to prevent deductions with best practices and collaboration is how the Vendor Compliance Federation improves the financial performance of its members.
VCF's Compliance Clearinghouse
As a benefit of membership and to help prevent deductions, VCF offers the Compliance Clearinghouse a web-enabled tool that:
- reduces costly chargeback errors with 12-month archive, searchable knowledge base, and individual portfolio management function
- provides one-click access to retailer sites with detailed contact information
- delivers daily e-mail notifications that track retailer compliance changes
IHA and Retailer Participants
| Current IHA participants: |
|
- Aroma Housewares
- CIT Group/Commercial Services
- Conimar
- DeLonghi America, Inc.
- Electrolux
- Focus Products Group, LLC
- G&S Metal Products Co., Inc.
- Ginsey Industries
- Guardsman, a division of Valspar
- Hamilton Beach/Proctor Silex, Inc.
- HoMedics Inc.
- Jarden Consumer Solutions
- Krups
- Le Creuset of America
- Lifetime Brands
- Lodge Mfg. Co
|
- Meyer Corporation
- Nordic Ware
- Oneida
- Ott-Lite Technology
- Progressive International Corp.
- Salton Inc.
- Sharp Electronics Corp.
- Shonfeld's (USA), Inc.
- Spectrum Brands
- Swissmar Imports, Inc.
- TruBamboo
- Wallace International, A Lifetime Brands Co.
- Wilton Industries
- World Kitchen
- Zwilling J. A. Henckels
|
| Housewares Retail Members: |
|
- Ace Hardware
- Amazon.com
- Big Lots
- Circuit City
- Crate and Barrel
- Dillard's
- Dollar General
- JCPenney
- Jo-Ann Stores
|
- Kmart
- Kohl's
- Linens 'n Things
- Mervyns
- Michaels
- QVC
- Sears
- Williams-Sonoma
|
Testimonials
"Nordic Ware has been a member of VCF for about one year and found it to be a helpful organization in keeping us informed as to customer requirements. In the last year we saw a 50% decrease in chargebacks from our customers. Certainly some of that can be attributed to VCF in helping us to understand our customer requirements. We have attended two of the customer training sessions organized by VCF which were helpful and well-organized. I have been able to make some customer contacts to follow-up on additional details."
Larry Knutson
Customer Compliance Director
Nordic Ware
"VCF provides the ability to meet directly with 6 or 7 of our biggest retail customers, helping us build relationships and resolve issues. VCF conferences have helped us significantly reduce supply chain errors that were siphoning dollars from our bottom line.
The online Compliance Clearinghouse tool provides daily communications about changes in supply chain procedures. Prior to receiving Clearinghouse updates, my department was burdened with the task of tracking these changes with all retail customers. VCF's Clearinghouse provides updates on a daily basis, saving us many hours of research.
VCF conferences offer a variety of topics covering current issues within the retail industry that help vendors identify areas for improvements. The national conference provides networking opportunities for vendors to meet with their peers in operations, logistics and compliance areas to exchange information and improve supply chain operations."
Jerry Glinnen
Compliance Manager
Wallace International
A Lifetime Brands Company
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