Attention Lowe’s Consignment Vendors! Changes to Vendor EDI 846 Transaction Set Going Live July 20, 2018.
Lowe’s is adding two new fields to the EDI 846 Inventory Inquiry/Advice for Weekly Consignment Inventory Reporting version 6010 on July 20, 2018. Read more about this EDI update straight from Lowe’s below.
Target.com Direct Vendor Ship (DVS) is requiring 855 automation from all vendors by June 1, 2018. Supplier action needed.
Target.com Direct Vendor Ship (DVS) is requesting an 855 Purchase Order Acknowledgment be sent automatically within 30 minutes of receipt of the 850 Purchase Order. The 855 Purchase Order Acknowledgment communicates acceptance of all items on a particular 850 Purchase Order. All vendors must be compliant by June 1, 2018 or face significant consequences.
Target is discontinuing the support of Grocery EDI Standards 875, 876, and 880 effective December 15, 2017.
Vendor action is needed to stay compliant with Target and avoid issues with payment processing.
What is Changing?
When it comes to EDI – as with many things – sometimes less is more
The electronic exchange of business documents between trading partners has become a crucial part of running a modern business, but there are a variety of strategies for implementing EDI successfully. Many companies find that an in-house solution affords them the most freedom and flexibility, while also allowing them to maintain complete control of their data. Still, others discover that managing their own EDI data isn’t the most pragmatic solution. For these businesses, outsourcing data management to a third-party provider can be a sensible choice.
JCPenney is requiring current vendors to perform testing with OpenText.
OpenText EIM system is being implemented to support their ongoing Omni Channel business initiative.
In July 2017 JCPenney announced a consolidating of their ordering processes for all their stores and eCommerce channels leading to changes in several systems and compliance requirements for their vendor partners; the implementation of OpenText and testing being the newest update.
Saks Fifth Avenue has made several vendor compliance changes and added two new shipment accuracy chargebacks with large penalties for shipment errors.
New Chargebacks Effective October 1, 2017:
- Vendor Audit Program, $1000 per month charge
- DC Printed Tickets Sent to Vendor