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Scorecards: Retailers and Vendors Accelerate Industry Profitability with Performance Information that Enables Stakeholders To Reinforce Operational St

Sugar Land, TX (PRWEB) May 31, 2008 -- Progressive, successful retailers and vendors will team up in Teaneck, NJ, on June 24-25, 2008 for two days of scorecarding as they join with peers and other supply chain professionals to improve their organizations' scorecard competency and profitability.

All attendees will take away key learnings about how scorecards contribute to the execution of corporate strategy, earnings per share and overall performance. Attendees will gain valuable knowledge that can be used to see if their companies are ready for this new dimension in retailer supplier management.

The thrust of the overall conference is to promote industry dialogue around scorecards. During this unique program, industry leaders will explore the implications of scorecards and work towards understanding how scorecards will evolve between trading partners. Scorecards represent a fundamental shift in how retailers rate their suppliers. This interactive retailer-vendor event features VCF's proprietary "Build a Scorecard" workshop.

The Build a Scorecard workshop is a challenging, hands-on group learning exercise between retailers, vendors, and supply chain service providers. Participants learn from their colleagues and are trained on best practices for scorecard design and implementation.

According to Mark Jones, Co-Managing Director of the Vendor Compliance Federation, "The feedback we received from previous conferences was that attendees enjoyed the interactive, hands-on learning experience and were able to return to their companies with ideas and practices that brought real value. This new and improved Nothing but SCORECARDS conference will offer attendees another valuable learning experience."

According to Greg Holder, CEO of Compliance Networks, "We are very proud of our partnership with VCF and its members, and are excited about the opportunity to share the value of scorecarding with the retailers and vendors in attendance at the Nothing but SCORECARDS conference. Scorecarding is an organic benefit of Compliance Networks's supply chain solutions, so it makes sense for VCF to partner with Compliance Networks to present the Nothing but SCORECARDS conference series."

In addition to its role as sponsor, Compliance Networks will provide supply chain professionals to facilitate scorecard sessions and present valuable information on the linkage between corporate goals and vendor compliance deduction policies. More information about this event can be found at www.vendorscorecard.org (http://www.vendorscorecard.org/?nbspr0509).

About the Vendor Compliance Federation (VCF):

VCF is the leading collaborative retail organization facilitating profitable relationships between retailers and suppliers. In association with Trade Promotion Management Associates (TPMA), VCF is an advocate for retail-supplier trading synchronization and champions initiatives to increase strategic industry-wide productivity, profitability and growth. We are unique in that we assist retailers in their efforts to make their supplier base more effective, while simultaneously working with suppliers to better execute their customers requirements. Our organization serves a multitude of touch points in perfecting retailer-supplier execution to shorten cycle times and drive overall velocity in the supply chain. Visit vcfww.com (http://www.vcfww.com) for more information.

About Compliance Networks:

Compliance Networks is a leading provider of solutions to the retail supply chain that enable enterprises to optimize flow within their supply chain and make informed decisions that ultimately increase shareholder value. Since 1999, Compliance Networks' suite of retail-centric vendor compliance and distribution management solutions accelerate retail profits by increasing sales, decreasing costs and mitigating risk throughout the extended supply chain. Compliance Networks is proud to serve leading retailers such as Kohl's, Burlington Coat Factory, Pep Boys, The Sports Authority, Bon-Ton Stores Corporation, Oshmans and Gottschalks Stores. Additional information can be found at www.compliancenetworks.com (http://www.vendorcompliancenetworks.com/?nbspr0509).

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