COMPLIANCE INFO_1996-2009 - Laserfiche WebLink

Home Browse Search

CPR Pharmaceutical Reverse Distribution SAgreement Page 6 of 7 Accelerated"ReverseLink One , T" CreditT11 Program Detailed ! • Continued: • Over 3000 active return goods policies on file. • Based on Joint Industry Reporting (JIR), Guaranteed Returns' sends Return Goods Debits to all manufacturers for .the Creditable merchandise, Non -Creditable merchandise, as well as all applicable service fees. This helps maximize credits for the pharmacy. • 32 standard reason codes on file, with program codes to auto -destroy, auto -ship, and wait for return authorization. • Utilizing latest 100 -lane automated Tilt Tray Sortation System — programmable for unlimited sorts. This reduces errors from mis-sorts, and increases trough -put five times greater than the typical competitors' operation. • Receive a Lump -Sum Credit posted to the pharmacies' wholesaler account at approximately 90 days and the remaining at 200 days following the servicing. • No monthly charge -backs from the wholesaler. Guaranteed Returns® reconciliation & collections departments helps the wholesaler receive vendor reimbursements. • No tracking or reconciliation required by the CA Prison Health Care Receivership Corporation/CA Department of Corrections Facilities. ® • No vendor deductions performed by CA Prison Health Care Receivership CorporationlCA Department of Corrections Facilities. Therefore experiencing a drastic reduction in back -end administration costs. • Guaranteed Returns' and the wholesaler will coordinate efforts to track and reconcile any short and or missing vendor credits prior to Guaranteed Returns' receiving payment. SEE NOTE NOTE: Guaranteed Returns® will collect its service fee from your wholesaler for the agreed upon percentage, after and only after the facility receives their Lump -Sum Credit. No other returns company has this incentive to collect the maximum amount of credit possible! ' Some variations and changes may apply