The Grocer: What the Adjudicator’s best practice guidance means for suppliers and supermarkets
By Ben Lewis, chief commercial relationship officer at sales auditor Salitix The GCA’s best practice paper represents a call to audit for all suppliers The ‘best practice’ statement from Groceries Code Adjudicator Mark White this week should be welcomed by all food and drink suppliers, whatever their size, because it’s about the detail of how […]
What is a sales audit and why do I need it?
Is exactly that, an audit of the sales you have made to your customer. At Salitix we specialise in the sales of stock that Food and Drink suppliers make to the UK Grocers, like Tesco and Asda and the commercial arrangements that are made for increasing those sales, i.e. like in-store promotions and/or the joint […]
What is Profit Recovery / Forensic Auditing?
Is the process by which an auditor reviews a company’s financial transactions with both its customers and its suppliers in order to reconcile those payments against the contracts against which they are paid. Overpayments, under-deductions and a range of input errors are not uncommon in companies with lots of transactions, particularly in fast moving markets […]