good faith receiving

GFR – Good Faith Receiving

Good Faith Receiving (GFR) accelerates goods-in without sacrificing accuracy or control.

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By assuming delivery accuracy and validating performance through statistically representative sampling, GFR allows stock to move through distribution centres faster, reducing congestion, labour cost, and operational delay. RGIS independently audits inbound deliveries to confirm picking accuracy, providing reliable evidence of supplier performance.

GFR is a commercial agreement between supplier and customer that assumes each delivery is 100% accurate. This speeds up the movement of goods through the receiving distribution centre. To confirm stock accuracy, sample audits are conducted. Results are extrapolated across all deliveries over a set period to measure overall stock accuracy. This measure helps recover stock discrepancies between invoiced and received goods. RGIS ensures independent verification through trained auditors, robust reporting tools, and key insights via the GFR Dashboard.

How We Support You with GFR – Good Faith Receiving

  • Audit Concept

    GFR auditing verifies invoiced goods without a full count of all deliveries. It relies on representative sample audits for each supplier.

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  • Sample Selection

    A small sample (usually about 5%) represents the broader invoiced quantity. All samples are carefully planned to ensure a wide range of goods is checked.

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  • Assumed Accuracy

    GFR assumes most supplier deliveries are fully accurate.

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  • Confidence

    Because sample audits represent delivery performance well, retailers gain strong confidence in accuracy results. This boosts supplier performance and removes the need for full delivery checks.

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  • Reliable Verification

    GFR audits provide reliable verification, balancing accuracy, finance, supplier relations, and operational efficiency.

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Want to learn more?
Schedule a no-obligation discovery meeting.

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good faith receiving

Why choose RGIS GFR - Good Faith Receiving?

Elevate your inbound operations with RGIS’s GFR audit programme. Our seamless process enhances efficiency, accuracy, and delivers financial benefits through effective claims management.

  • We have worked in retail for 67+ years and bring unparalleled expertise to supply chain, inventory-receiving processes and good faith receiving

  • Detailed checks and comprehensive reporting instil confidence in effective claims management

  • We provide accurate and efficient inventory stock recording, providing enhanced visibility through intuitive dashboards

  • Our nationwide presence, coupled with local support throughout the UK, ensures that we are always within reach, ready to optimise your operations and elevate your inventory management experience with good faith receiving

  • Direct to Store Audits are also available

Want to learn more?

Schedule a no-obligation discovery meeting.

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