Effective August 1, 2022, Walmart is charging two new fees to Collect suppliers with monthly deductions in arrears beginning in September. The first fee is a fuel surcharge based on daily fuel price changes that are matched against geographic locations and each shipment day. Walmart analyzes fuel charges using the...
Blog
Things to know about Excess Defective Allowances
BackgroundWalmart’s goal is to fund the cost of defective merchandise and product returns in an accrual built through the Defective Allowance (“DA”). The Buyer and Vendor negotiate the DA as a percentage of the invoice which is documented as part of the Vendor Agreement.After the first year, and quarterly thereafter,...