Vendor Compliance Federation (VCF) Announces New Retailer Members Office Depot, Sears Holdings Management Corporation, Family Dollar, Stein Mart and Hot Topic

Office Depot, Sears Holdings Management Corporation, Family Dollar, Stein Mart and Hot Topic have joined the Vendor Compliance Federation as Retailer Members. These retailers join long-standing VCF Retailer Members like Neiman Marcus Group, JCPenney, Kohl's, Burlington Coat Factory, and Dick's Sporting Goods, among many others. VCF is the leading membership association focused on retailer-supplier collaboration.

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Quote startWe are gratified that in the current economic environment retailers and suppliers understand the need for collaboration to reduce supply chain disruptions and costsQuote end

South Plainfield, NJ (PRWEB) May 19, 2009

VCF, the leading membership association focused on retailer-supplier collaboration, recently announced that Office Depot, Sears Holdings Management Corporation, Family Dollar, Stein Mart and Hot Topic have joined as Retailer Members. Long-standing VCF Retailer Members include Neiman Marcus Group, JCPenney, Kohl's, Burlington Coat Factory, and Dick's Sporting Goods, among many others. VCF, with its sister organization the Trade Promotion Management Associates (TPMA), fosters collaborative relationships between trading partners to increase operational efficiencies and productivity for the retail industry's entire forecasting-to-cash continuum.

"We are gratified that in the current economic environment retailers and suppliers understand the need for collaboration to reduce supply chain disruptions and costs," said VCF Founder and Chairman Kim Zablocky.

"Joining VCF reinforces our commitment to further strengthen our supplier relationships which enables us to maintain our low costs to help serve our customer better," said Jay Becker, Director of Vendor Management at Family Dollar. "The VCF platforms as well as our own vendor relations initiatives align well, and we're looking forward to participating in VCF's Communities of Practice and the other opportunities to connect with directly with our suppliers."

Among the benefits VCF provides its members are the TPNexus™ Online Peer Network; access to its members-only website content, including original research and white papers; industry-leading conferences, seminars and workshops; opportunities to meet with suppliers and retail peers; assistance in establishing and evolving world-class vendor relations programs; scorecard training; as well as benchmarking compliance guidelines and deduction policies.

About Vendor Compliance Federation (VCF)
VCF advocates retailer-supplier trading synchronization, champions collaborative initiatives and offers solutions to drive productivity, profitability and growth. It is the leading organization focused on solutions, services and best practices for retailer-supplier collaboration. Our membership includes top manufacturing brands and national retailers, ranging from fashion and cosmetics to electronics and home furnishings. VCF is where the retail industry comes together to reduce deductions and chargebacks, increase supply chain efficiencies, minimize order fulfillment risk, integrate processes and eliminate disconnects across the entire forecasting-to-settlement continuum. VCF draws participation from industry leaders such as Sears, JCPenney, Nordstrom, Lowe's, Liz Claiborne, LVMH, adidas, Estée Lauder, Tom Tom, Jarden Consumer Solutions, and BIC Consumer Products among others. Visit us at http://www.vcfww.com.

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