How do you make sure you stay compliant? Well, you start by working with an EDI provider that can help make sure it happens. It’s not every EDI solution that can handle challenging requirements, and Walmart’s are some of the toughest.
The stakes are high. If you fail to hit the benchmarks during a single month, you’ll be charged 3% of the value of that order. Considering the size of most Walmart orders, a 3% chargeback could be especially costly.
If you’re a supplier who has been in Walmart stores for several years, you are already familiar with strict compliance requirements. In fact, you may have accepted chargebacks as a cost of doing business with a store that dominates the retail landscape. That attitude, however, needs to change — the stakes are higher and if you work with the right EDI partner, you can make significant strides toward ending these recurring costs.