New Year, New You, New Opportunities to Learn! 🤓

Happy New Year, Vendorville 🎉

It’s that wonderful time of year when we set ambitious fitness and book reading goals. Because let’s be honest, it wouldn’t be a happy new year without a million resolutions we will one hundred percent not give up on… at least until early February 😩.

While all of that is well and good, at Vendorville, we know that the best-laid plans of mice and men often go awry.

That’s why we developed this page for our webinars’ slide decks to help you stay on track. Even though the slide deck isn’t the full SupplierWiki Webinar Experience™, we highly recommend browsing through this collection when you find yourself in a time of need, so that you don’t look like the supplier version of this guy. ⬇️

Your Deck-stiny Awaits 🤩

This year we’re focusing on the resolutions that matter the most: staying on top of supplier updates. 🫡 That’s why we’ve listed out a few of our slide deck resources to help you hit the ground running (this counts as a workout, right?):

Our Step-by-Step Guide to Item Setup in Supplier One helps Walmart suppliers tackle item setup in Walmart’s new(-ish) portal, Supplier One. In this deck, learn all about:
1. A high-level view of the Supplier One portal
2. Some best practices for omnichannel item setup
3. More best practices for item maintenance

The smallest error in item setup can result in a wide variety of fines and deductions, so getting it right the first time is the best way to make those retailer gains 💪. At Walmart, the new Supplier One portal is now the best way to start, update, and monitor item performance.

We lost a real one in DSS 🫡, but Luminate has some upsides as well! The How to Get the Most Out of Luminate slide deck helps Walmart suppliers through this transition and into reporting successes beyond their wildest dreams. It includes…
1. Report building in Luminate Basic
2. Visibility into omnichannel
3. Insights and APIs in Luminate Charter
4. Updates and Release Notes for Luminate Basic & Charter

Luminate (soon to be Scintilla 👀) is a huge change, and the app itself is still developing. Staying on top of product updates will help you hit your New Year's reporting resolutions!

The Home Depot Deductions 101 webinar covers all that THD suppliers need to know when it comes to AP deductions. In this deck, we cover:
1. The impact that deductions have on THD suppliers
2. Best way to get visibility into revenue loss at Home Depot
3. Disputing deductions

happy-new-year-funny-actor-nicolas-cage-p55eaulcpbrwqh77

We know resolutions come and go, but here’s to trying to make them last as long as possible when it comes to shoring up your bottom line. 🥂 Better profit margins are on the horizon!

In Other Retailer News 🗞️

Investors Business Daily

Walmart Stock, Costco Roar As They Create Amazon-Like Businesses

“Even as artificial intelligence and data center computing drive a historic stock market rally, the top U.S. grocer Walmart (WMT) and club membership retailer Costco (COST) have outrun many of the top technology names.”

CNBC

Walmart Employees are Now Wearing Body Cameras in Some Stores

“Walmart has started giving store-level associates body cameras to wear as part of a pilot program at some of its U.S. locations, CNBC has learned.”

CNBC

Walgreens Shares Pop on Report Pharmacy Chain Could Sell Itself to PE Firm Sycamore

“Shares of Walgreens jumped about 20% on Tuesday [Dec. 10th] on a report that the company is in talks to sell itself to private equity firm Sycamore Partners.”

Rick’s Tips💡

Rick is no stranger to a workout. He benches more than 80% of his body weight (.4 lbs), and he never skips leg day (he doesn’t have any). He believes that no one is past their prime.

Rick also works out what check remit codes mean at Walmart. Today, he figured out that 762s signify a Compliance Billing charge, and that their invoice description contains OTIF/SQEP/Fuel details to help suppliers know what the charge is related to.

762s are compliance codes, not AP deductions, so they are dealt with in High Radius. He recommends disputing these with the “request additional documentation” reason/type if you need more context.

Let’s Circle Back 💃

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We know that all work and no play makes Rick a dull boy. Refreshing his work day with a flash game (it only takes a minute or two, he swears!) actually makes him more productive in the long run.

LinkedIn’s new game Tango is a great way to reset your mind. It only takes one to play this tango 😏.

Until next time, keep on keepin’ on, Vendorville 👋