Description:
For all new stores, Target takes a discount on the inventory order for the new store opening to help fund the cost of the new store. Target will pay the initial invoice in full and charge the discount back to the supplier as a chargeback.
How to Dispute:
Contract deductions are disputed through Synergy and can be submitted through SupplyPike. SupplyPike has already performed a validity assessment on contract deductions by reviewing key contract terms, including:
contract time frame
included items
set amount and/or sales calculations
If the contract deduction is deemed to violate any of the agreed-upon terms, it will be flagged as likely invalid.
To dispute the contract deductions, your dispute reason should call out specifically why the deduction is invalid. Be sure to attach proof documents to the dispute to support the reason the deduction is invalid.
Supporting Documentation:
Copy of Contract from Target Vendor Income (TVI)
Email approval from the Target buyer for the payback of the invalid amount disputed.
Additionally:
If disputing due to incorrect calculation: Attach sales data and/or calculations showing the correct contract deduction amount.
If the chargeback is a duplicate from another contract, Attach a copy of the duplicative contract from Target Vendor Income (TVI) and include the duplicative chargeback number in the description.