The Savvy Supplier Podcast

Walmart's new Automatic Deductions (& the Strategic Moves Suppliers need to make!)

• Boyd Evert & Al Frank • Season 1 • Episode 8

Share episode

Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.

0:00 | 8:27

Send us Fan Mail

In this episode of the Savvy Supplier, hosts Boyd Evert and Al Frank discuss Walmart's upcoming changes to its deduction policies for 2025, focusing on the shift from quarterly to monthly deductions and the implications for suppliers. They explore the potential challenges suppliers may face, including increased invalid deductions and the need for strategic planning to manage damages and defectives. The conversation emphasizes the importance of preparation and collaboration with audit firms to navigate these changes effectively.

Takeaways

  • Walmart is implementing more automatic deductions starting in 2025.
  • The shift from quarterly to monthly deductions will impact suppliers significantly.
  • Suppliers may face increased invalid deductions due to the new policies.
  • Understanding root causes of damages and defectives is crucial for suppliers.
  • Suppliers should evaluate their accruals to protect against unexpected write-offs.
  • Collaboration with audit firms can help suppliers manage these changes.
  • The changes may lead to increased costs for suppliers, affecting pricing.
  • Suppliers need to be proactive in addressing damages and defectives.
  • The conversation highlights the importance of strategic planning for suppliers.
  • Staying informed and connected with resources like HRG is essential for suppliers.


Sound Bites

  • "If this causes a large increase in deductions..."
  • "We've spent a lot of time in the batting cage."
  • "Don't try to go it alone."

Chapters

00:00

Walmart's New Deduction Policies for 2025

05:58

Strategic Moves for Suppliers

07:26

Preparing for Changes Ahead


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"