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From a Walmart Post-Audit Surge⚡ to Shutdown Shockwaves🎢 to 50-year Mortgage Math➕ a Black Friday Forecast, this podcast episode is packed with news you can use! Boyd & Al also delve into the new complexities of the retail industry and offer some encouragement to retail suppliers facing these challenges.

Keywords

#Walmart, #WalmartSuppliers, #RevenueDeductions, #GovernmentShutdown, #50yearMortgages, #BlackFriday, #retailindustry, #postauditclaims, #economicimpact, #consumerconfidence, #HRGAudit, #retailsuppliers

Takeaways

• The end of the government shutdown could boost the U.S. economy.
• 50-year mortgages might increase consumer spending.
• Black Friday's success is crucial for supplier confidence.
• Walmart suppliers face complex year-end post-audit claims.
• Retail industry complexity is increasing with new claim types.
• HRG offers support to suppliers dealing with claim complexities.
• Consumer confidence is key to economic recovery.
• Retail suppliers should focus on current business, not past performance.
• Tariffs and their impact on retailing are a major concern.
• HRG-audit.com is a resource for retail suppliers.

Chapters

• 00:00:00 Introduction and Government Shutdown
• 00:00:00 50-Year Mortgages and Economic Impact
• 00:00:00 Black Friday Outlook
• 00:00:00 Walmart's Year-End Audit Challenges
• 00:00:00 Retail Industry Complexity
• 00:00:00 Encouragement for Retail Suppliers

Welcome to “The Savvy Supplier,” your go-to podcast for navigating the ever-changing landscape of retail supply! Join us as we dive into expert insights and actionable tips to help retail suppliers save time and money. From tackling inflation to optimizing operations, we’ve got you covered. Tune in every week for strategies that empower you to thrive in a competitive market. Don't miss out—subscribe now and become a savvy supplier! 💡

www.HRG-audit.com
www.SavvySupplierPodcast.com

Need help with managing Deductions and implementing Supplier Best Practices? Help is here!
Email: Boyd.Evert@HRG-audit.com

#RetailSupplierDeductions
#RetailSupplier
#Post-AuditClaims
#HRG

"Wiser Decisions, Fewer Deductions"

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In this episode of The Savvy Supplier, Boyd Evert, CEO of HRG, and Kevin Stewart, Partner at Crowe, discuss the uncertain future of tariffs and effective strategies for risk mitigation. With the U.S. Supreme Court set to hear vital tariff cases the day after their Plenary Session at the RVCF conference, this conversation is timely and packed with insights crucial for Suppliers & Retailers alike.

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#### Key Topics Discussed:

- **Impact of Tariffs on Pricing:**

- Understanding how tariffs affect pricing structures across the supply chain.

- Who will absorb tariff costs?

- **Inventory Management Strategies:**

- How to manage inventory levels in light of tariff-induced price changes.

- The importance of proactive buying ahead of tariff implementation.

- **Case Studies and Real-World Examples:**

- Analysis of past instances where tariffs significantly impacted pricing and inventory, particularly in consumer electronics and automotive sectors.

- Lessons learned from 2018 demand surges and their implications for current strategies.

- **Communication and Alignment:**

- The necessity for cross-departmental alignment among sales, finance, and supply chain teams.

- Strategies for ensuring that all parties are on the same page regarding pricing and inventory management.

- **Key Takeaways for Conference Attendees:**

- Focus on controllable factors amid volatility.

- Importance of governance and rapid response strategies.

- The need for effective communication and management of pricing deviations.

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- Register now to see Boyd & Kevin's Talk at the RVCF Conference at www.RVCF.com

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#### Episode Highlights:

Discussion of the upcoming Supreme Court hearing on tariffs.

Insights on managing inventory levels during tariff fluctuations.

The role of communication in effective risk management.

Key Takeaways for suppliers and retailers.

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#### Subscribe & Review:

If you enjoyed this episode, please subscribe and leave a review! Your feedback helps us reach more listeners and grow our community.

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**Thank you for listening to The Savvy Supplier!** Our goal is to help you save Time & Money. "Wiser Decisions, Fewer Deductions"

See you next time!

Welcome to “The Savvy Supplier,” your go-to podcast for navigating the ever-changing landscape of retail supply! Join us as we dive into expert insights and actionable tips to help retail suppliers save time and money. From tackling inflation to optimizing operations, we’ve got you covered. Tune in every week for strategies that empower you to thrive in a competitive market. Don't miss out—subscribe now and become a savvy supplier! 💡

www.HRG-audit.com
www.SavvySupplierPodcast.com

Need help with managing Deductions and implementing Supplier Best Practices? Help is here!
Email: Boyd.Evert@HRG-audit.com

#RetailSupplierDeductions
#RetailSupplier
#Post-AuditClaims
#HRG

"Wiser Decisions, Fewer Deductions"

Send us a text

Kevin Stewart from Crowe joins Boyd & Al as they delve into the challenges faced by accounting teams amidst tariff uncertainties. Discover insights on risk management, financial reporting, and strategic planning to safeguard your business.

#Tariffs, #Accounting, #RiskManagement, #FinancialReporting, #StrategicPlanning

Takeaways:

1. Stick to your process and playbook amidst uncertainty.
2. Understand the impact of tariffs on suppliers and customers.
3. Evaluate contract terms and their implications on pricing.
4. Develop a plan of action to manage financial risks.
5. Consider the variability in pricing and its effect on revenue.
6. Build strong relationships with suppliers and customers.
7. Use scenario planning to anticipate potential challenges.
8. Collaborate with legal and finance teams for informed decision-making.
9. Define a playbook for consistent and disciplined decision-making.
10. Engage in open communication with stakeholders.

Chapters:

• [00:00] Introduction and Overview
• [01:00] Challenges in Accounting Amidst Tariff Uncertainty
• [05:00] Impact on Suppliers and Customers
• [10:00] Strategies for Risk Management
• [15:00] Importance of Contracts and Pricing
• [20:00] Scenario Planning and Forecasting
• [25:00] Building Strong Relationships
• [30:00] Conclusion and Special Offer

Welcome to “The Savvy Supplier,” your go-to podcast for navigating the ever-changing landscape of retail supply! Join us as we dive into expert insights and actionable tips to help retail suppliers save time and money. From tackling inflation to optimizing operations, we’ve got you covered. Tune in every week for strategies that empower you to thrive in a competitive market. Don't miss out—subscribe now and become a savvy supplier! 💡

www.HRG-audit.com
www.SavvySupplierPodcast.com

Need help with managing Deductions and implementing Supplier Best Practices? Help is here!
Email: Boyd.Evert@HRG-audit.com

#RetailSupplierDeductions
#RetailSupplier
#Post-AuditClaims
#HRG

"Wiser Decisions, Fewer Deductions"