Agreement WebEx Meeting December 20, 2011 Buy Back Agreement - - PowerPoint PPT Presentation

December 20, 2011

Supplier Inventory Buy Back Agreement WebEx Meeting

Buy Back Agreement Milestones

• Dec. 20, 2011 – Final feedback due
• Dec. 21, 2011 – Final Agreement distributed to

suppliers via All Supplier Bulletin

• Dec. 28, 2011 – All signed Agreements due
• Dec. 29, 2011 – WSLCB begins taking action on

all products not covered under a signed Buy Back Agreement

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Reverse Logistics Cost per Case

Activity Expense Box $1.63 Labels $0.15 Tape $0.09 Transportation (Store to DC) $3.10 Materials & Transportation Cost $4.97

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Retail Program Changes

• New Listings

– No new listings or size extensions will be considered.

• Pricing

– Pricing will be fixed beginning January 1, 2012.

• Displays

– Utilize unique display opportunities through April 2012.

• Special Orders

– Continue to have products special ordered until April 2012 to be sold by the bottle.

• Sampling

– Participate in the Spirit Sampling Pilot through April 2012, including special

• rder products.

Consequences of Not Signing a Supplier Inventory Buy Back Agreement

• The Board will begin the process of delisting these

products immediately.

• Suppliers will not receive any additional orders.
• Bailment inventory must be retrieved from the DC.
• Additional actions will be taken to reduce the

remaining inventory in stores, including the discounting of retail prices.

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Additional Q & A

Thank You!