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Item/Vendor
Questions
| Question | Answer |
|---|---|
| (Yes or No) Do Syndigo API vendors use GDSN? | No |
| Which countries tax ID does OM Team accept? A. USA/CAN B. USA/CAN/China C. USA/CAN/Mexico | A. USA/CAN only |
| (True or False) A Vendor can use the same model for 2 different barcodes. | False |
| When can you close a data collection ticket? A. When items are added in IMA B. When items are showing in IDI C. When a vendor says they are done | B. When items are showing in IDI |
| Who does a domestic vendor negotiate with to do business with Lowe's? A. Lowes Global Sourcing B. Merchant C. OM Team Member | B. Merchant |
| Who creates the Vendor record in Passport and invites the Vendor to register for onboarding? A. OM Team Member B. Vendor C. Merchant Team | C. Merchant Team |
| (True or False) Passport Dashboard shows the Vendor's Status. | True |
| (Yes or No) Should a vendor mark "Only Able to Ship Direct to Consumer" for a stock item? | No |
| (Yes or No) If a vendor wants to edit something in their data before the buying decision, do they need to submit a tech ticket? | No. They can edit it in Enrich. |
| (Yes or No) Can a model number be 48 characters? | No. A model can be no longer than 20 characters. |
| What should the vendor do if their brand name is not on the Brand Name list? A) Send an email to item@lowes.com B)Reach out to Merchandising C) Submit a ticket in Vendor Gateway | C) Submit a ticket in Vendor Gateway |
| (True or False) A Vendor must fill in sub-brand to complete item setup. | False |
| If an item is made outside of the US, but the vendor imports the item, is it import or domestic? | Domestic |
| (True or False) The Record Start Date on the Passport Dashboard changes with Maintenance tasks? | False. It's the date the vendor was onboarded |
| What Vendor Name is showcased on the Passport Dashboard? A. Legal Name B. DBA Name C. Former Name | A. Legal Name |
| Assigned means what on the Passport Dashboard? A. Merchant that signed on Vendor B. OM Team Member assigned to manage vendor profile C. Vendor that has the items | B. OM Team Member assigned to manage vendor profile |
| (True or False) OM Team Member can update the Created By Name on the Passport Dashboard? | False. The Created, which is a Merchant team member never changes or SYSTEM which means the profile was migrated. |
| (Yes or No) Can a vendor use a Canadian PO BOX in their address? | No. Due to SOX and CAN Government regulations |
| (True or False) A vendor can use a PO Box in their shipping locations. | False. Vendors can't ship from a PO Box |
| (True or False) A vendor can have an Import and a Domestic VBU. | True |
| (True or False) A vendor can get a new HO VBU because of Brands. | False |
| (True or False) A vendor can get a new HO VBU because of lower level RTV policy. | True |
| (Yes or No) Should our team (OM) process a Factor Banking application? | No. They are handled by EFT/Accounting - Amanda Whittington's Team for domestic. Kelly Witherspoon for Import. |
| (True or False) Distributors can NOT be given VBUs unless they plan to have POs in their name? | True |
| (Yes or No) When entering an additional hierarchy, does the vendor need to provide the next lower level barcode and quantity? | Yes. If missing, a Jira ticket will be needed to add |
| (True or False) We should perform a data reset in PCM on IMA items if data needs to be cleared. | False. Tech is the only one that should clear any data from PCM. |
| Which team performs the lowes.com flag flips? A) OM B) EIS C) Tech Enablement D) Data Governance | B) EIS |
| Which team reviews and actions on Model updates? A) OM B) EIS C) Tech Enablement D) Data Governance | D) Data Governance |
| (Yes or No) Can the Merchandising Subdivision be found on the Reference Tab on the Core Template? | Yes |
| (True or False) Vendors can edit their Lowest Level Marketing Category. | True |
| (True or False) Vendors can just enter any value for their Country of Origin on the Core Data Template. | False. They must copy/paste the value listed in the Reference Tab |
| What Pricing attribute(s) are conditionally required when the available selling channel selected is Online or Online & Store? A) DTC Item Cost B) DC Collect Cost C) DC Prepaid Consignment FDC D) DC Prepaid Cost | A) DTC Item Cost |
| (True or False) Once a buying decision is made, any cost changes will flow back to IMA. | False. All pricing changes go through Merchandising, but they won't be reflected back in IMA. |
| What stepper does the Minimum Order Multiple attribute reside? A) Core B) Pricing C) Fulfillment D) Packaging Hierarchy & Barcodes | C) Fulfillment |
| Which is NOT an acceptable Hierarchy? A) Each + Case B) Each + Inner Pack + Pallet C) Each + Inner Pack D) Each + Pallet | C) Each + Inner Pack |
| The VFPF can be used to collect funds for: A) Resets B) Product Line Review C) Promotions D) All of the above | D) All of the above |
| (True or False) Vendors have access to the VFPF tool? | True |
| (True or False) Banking changes require a new VBT. | False. However, currently we would need to by-pass the contract phase. |
| (True or False) Vendors can change their banking information in their profile. | True |
| (True or False) OM Team can setup a Canada vendor for domestic business in the USA. | True |
| (Yes or No) Can a vendor make payment term changes in their profile? | No. The financials are locked. |
| (Yes or No) Can OM Team Member change a Vendor's address in Passport? | Yes. You should have an email giving permission. |
| (True or False) A W9/W8 expires? | True |
| (True or False) When the vendor uploads the core template item set up complete? | False |
| (Yes or No) If a vendor is Prepaid, do they need to enter a freight cost? | Yes. They need to enter a cost for either Prepaid or Collect, but for Collect, a vendor can enter "0". |
| What is the character limitation for Vendor Name? A) 25 B) 30 C) 15 D) 20 | B) 30 |
| What is the character limitation for Vendor Email address? A) 50 B) 30 C) 40 D) 20 | C) 40 |
| (Yes or No) Can a vendor get a new HOVBU because of Program Type? | No |
| (Yes or No) Can 3rd Party Vendor Reps sign Lowes contracts on the Vendor's behalf? | No |
| (Yes or No) Can you update an Item type from Inventoried/Reg/Wex/Seasonal/I&O to Non-Inventoried? | No - there are downstream implications. Tech CAN do this, but it should NOT be done. |
| (Yes or No) Should the consumer Unit Indicator be marked Yes or No for the Each Level that will be sold to the customer? | Yes |
| (True or False) The Full Truckload Quantity - 53 ft attribute is best described as the number of "cases" that would fit in a 53-foot trailer? | False - Correct statement: the number of "Eaches" that would fit in a 53-foot trailer |
| (True or False) The Gross Weight is the weight of the item AND the weight of the packaging combined? | True- This Should be greater than or equal to the "Net Weight" |
| What are the 3 Available Selling Channel options in IMA? | 1. Online 2. Store 3. Online & Store |
| What attribute is the weight of the actual item? Net Weight or Gross Weight? | Net Weight |
| Where can a vendor find their Ship From VBU Number on the Core Template? | Reference Tab |
| (True or False) A Dropship item can be shipped to store. | True |
| After the vendor uploads their core template, what is their next step? | Add a FF Image/Prop 65 |
| (Yes or No) Are the Product Description and Item Description the same thing? | No. The Product Description is the LPD. The Item Description is the 33 character bin/beam label. |
| Besides exporting the error template, how else can a vendor correct their errors? | In the UI in the Pending Error Completion (PEC) tile. |
| (Yes or No) Can an import item be set up under a Domestic VBU? | No. They need an import VBU. |
| (Yes or No) If a vendor selects "yes" for California Prop 65, is there any further action needed? | Yes. they need to provide the PDF with details on the product materials. |
| (Yes or No) Should a vendor mark "Able to Ship Direct to Consumer" for an online (SOS) item? | Yes |
| (Yes or No) Should a vendor mark "Not Able to Ship Direct to Consumer" for an online (SOS) item? | No |
| (True or False) The five steppers within the IMA are: Create, Pricing, Fulfillment, Packaging Hierarchy & Barcodes, and Enrichment. | False |
| What does the acronym MSRP stand for? | Manufacturer Suggested Retail Price |
| What is one country we can't do business with? | Russia, North Korea |
| What is the acronym for product description? | LPD |
| When should the vendor put 0 for Freight Cost? | If the vendor is Collect. |
| (Yes or No) Does the "like product URL" flow downstream to? | No. It remains in IMA, but it doesn't flow to any downstream system s. |
| Which is NOT an available selling channel? A. Online B. DFC C. Store | B. DFC |
| Which of the following can the vendor edit on their own in IMA? A. Barcodes B. Models C. Lead Times D. Quantities | C. Lead Times |
| Approver in the Passport dashboards means what? A. Who will approve the VBU B. Who will approve the VBT contract C. Who will approve the profile | B. the Lowes Merchant that signs the VBT |
| (Yes or No) Can 3rd Party Vendor Reps sign Lowes contracts on the Vendor's behalf? | No |
| (Yes or No) Can a domestic vendor add Canada ship locations in their profile? | Yes. They are prepaid only |
| (Yes or No) Can a domestic vendor add China ship locations in their profile? | No. Lowes recognizes Canada and Mexico as "Domestic" but any other foreign country must have an Import VBU. |
| (Yes or No) Can a dropship vendor have a Canada ship location and ship collect? | No. They have to have a USA ship location to use Lowes Freight Number for Collect. |
| (Yes or No) Can a vendor add additional ship locations in their profile? | Yes |
| (Yes or No) Can a vendor request to add an additional HOVBU to separate out Brand? | No. New HOVBUs are for different payment terms or lower level RTV. |
| (Yes or No) Can a vendor update contacts in their profile? | Yes |
| (Yes or No) Can a vendor use 3rd Party Shipping companies? | Yes |
| (Yes or No) Can an Import vendor be a dropship vendor? | Yes. they just need a USA ship location and a Domestic VBU. |
| (Yes or No) Can Domestic Vendors be paid in different Currency? | No. USA currency only |
| What does the acronym DBA stand for? | Doing Business As |
| Name the 3 different program types a vendor can be set up for in Passport. | Stock, Stock/SOS, SOS |
| (Yes or No) Does changing a vendor corporate address require new contracts? | No |
| (Yes or No) Does the GFO need to approve payment term changes? | Yes |
| (True or False) Lowes accepts PO Box's for a Vendor's Corporate Address? | False |
| Is setting up a Canada Vendor with a China ship location considered Import or Domestic? | Import |
| (True or False) Passport Vendor is self-serving? | True |
| On the Passport Dashboard what does Approver mean? | The Merchant that signs the VBT (not the MBA) |
| What does SOS stand for? | Special Order Sale. Can be online or in store ordering |
| Program type: STOCK - means what? | stocked in Store or DFC |
| Program type: STOCK/SOS- means what? | The vendor has product in the store and online |
| Program type: STORE SOS - means what? | one time order at the store (Could be PRO Desk orders) |
| The term "Expansion" in Maintenance means what? | When the program type is expanding into another. Example: Stock vendor adding SOS or vice versa |
| In Passport the Vendor name can have which special character(s)? A. & B. # C. @ D. % | A. & sign |
| (True or False) A Vendor Funds Processing Form (VFPF) is a legally binding contract that is used to document and collect funds from vendors to accomplish several goals and is used outside of the annual Vendor Business Terms (VBT)." | True |
| What does DFC stand for? | Direct Fulfillment Center |
| What does GFO stand for? | Group Finance Officer |
| What does ITB stand for? | Into the Blue (a new vendor event) |
| What does LCSA stand for? | Lowes Client Server App |
| What does MBA stand for? | Master Buying Agreement |
| What does SCF stand for? | Supply Chain Financing |
| What does SDV mean? | Subdivision - a lower level of product assortment that the merchant team manages. |
| What does SLA stand for? | Service Level Agreement |
| What does SOS stand for? | Special Order Sales |
| What does VBT stand for? | Vendor Business Terms |
| What does VBU stand for? | Vendor Business Unit |
| What does VFPF stand for? | Vendor Funding Processing Form (VFPF) |
| What is a VBU? | Vendor Business unit number that is assigned to a vendor. |
| What is a W8? | Certificate of Foreign Status for United States tax reporting |
| What is an Assumption Agreement used for? A. A Vendor taking over another vendors VBU and product B. A Vendor going bankrupt C. A buying agreement for new business D. An agreement used when a vendor is assuming something about another vendors product | A. A Vendor taking over another vendors VBU and product |
| What does SOX mean? | (Federal Government Regulations) The Sarbanes-Oxley Act (SOX) is a U.S. law to protect investors by preventing fraudulent accounting and financial practices at publicly traded companies. |
| What is the character limitation for Vendor title? | 40 Characters |
| What is the character limitation for Vendor website? | 40 Characters |
| What is the character limitation for Vendor Address line 1 and Address line 2? | Address line 1 - 30 Address line 2 - 40 |
| What is the expiration date for W9/W8? | 3yrs - signed/dated |
| What does the IRS name mean in LCSA Vendor? | IRS is the name the vendor used to obtain a federal tax number |
| What is the purpose of a VBT? | to capture negotiated financial terms for the vendor with Lowes |
| What is the reason a vendor can get an additional HOVBU? | Financial: Different payment terms, allowances, RTV |
| What is the reason a vendor can get an additional Remit added to their HOVBU? | Financial: Different payment terms and must have a ship location created under it. |
| What vendor name will appear on PO's? | Legal or DBA. (Legal is on it UNLESS DBA is present because DBA will trump Legal). |
| When can a vendor have additional Remit VBUs? | For different payment terms |
| Which vendors are required to have CommerceHub (Rithum)? | SOS & Dropship that are active with inventory selling online |
| Who can sign an MBA at Lowes? | A Lowe's MVP only. |
| Who can sign a VBT at Lowes? | A Merchant and above |
| (True or False) An Import Vendor setting up as Dropship would be considered Import? | False. It would be Domestic |
| How does a vendor with thousands of items make mass edits to their IMA items, if needed? A. EDI Support Team B. Bulk Edit option C. Lowes website" | Bulk Edit option |
| Which team member can update margin for Stock/SOS flips? A. Merchant B. SSCM Sr. Analyst C. RTV | SSCM Sr Analyst |
| Can vendors update item costing in IMA after the BD? | No. They would work with their merchant to update in eCat or MP. |
| What screen can a vendor update the model number in BEFORE the BD? | Enrich, Awaiting Buying Decision |
| What are the two core assets required before the item will flow to Awaiting Business Awarding? | Front facing image and Prop 65 Warning if applicable |
| Do Syndigo API Vendors have to complete Enrichment attributes before or after the BD? | Before. Syndigo API vendors complete all required enrichment attributes prior to the BD/flowing to IDI. |
| Which item type owns the PDP in a Stock/SOS Flip? | Stock item owns the PDP, item will flip to SOS item number in cart if not stocked for that location |
| What attribute flows downstream and is leveraged to calculate the Expected Ship Date and Delivery Date online? A. Lead Time B. Customer Order Lead Time C. Vendor Processing Time | C. Vendor Processing Time |
| What is CommerceHub now called? A. Rhyme B. Rithum C. Inventory Reach | B. Rithum |
| (True or False) If lead time isn't flowing correctly to lowes.com the Vendor should reach out to the item mailbox. True or False?" | False. The Item Mailbox is an internal mailbox. Vendors with lead time issues for collect items can submit a ticket in Ticket Management under Supply Chain -> Dropship Order Support |
| What internal mailbox could our team loop in when lead time is not flowing correctly to lowes.com for collect items? A. Dropship@lowes.com B. DigitalCommerceSupport@lowes.com C. DirectConsumerSubmission@lowes.com" | A. Dropship@lowes.com |
| What team manages display groupings of item variations on lowes.com? | PVS (Product Variant Selling) team. |
| Which one of these attributes can be editable by the Vendor post buying decision/setup? A. Hazmat Type B. MAP C. Brand | A. Hazmat Type |
| (Yes or No) If a vendor marks "Yes" for selling restrictions, but it should have been marked no can they edit this pre buying decision? | Yes. Pre buying decision this attribute can be updated by the Vendor. Post buying decision, a Jira ticket will have to be submitted for Tech to update. |
| *BONUS POINT QUESTION* True or False: Import Vendors should always be VENDOR DEBIT MEMO as collection method in the RTV Section. | False. Only Defective Allowance |
| What does VPP stand for? | Vendor Partner Plus |
| What does ITBP stand for? | Into The Blue Priority Vendor |
| What does Canada GST stand for? A. Government Sales tax B. Great Sales Tax C. Goods and Services Tax | C. Goods and Services Tax |
| What does LORMN stand for? A. Lowe's Only Roof Media Network B. Lowe's Original Roof Media Network C. Lowe's One Roof Media Network | C. Lowe's One Roof Media Network |
| (Yes or No) Can multiple Buy/Ship VBUs have the same address? | Yes. If under different Remits |
| (Yes or No) Can vendors add buy/ship locations self-service within their profile? | Yes |
| What is VPP Premium? | Vendor reporting for sales. (VPP Premium is a suite of reports designed to strategically expose incremental data that directly aligns to Lowe’s enterprise business goals.) |
| How much does VPP Premium cost the Vendor? | Subscription fee is 0.1% of annual purchases dollars not to exceed $100,000 |
| (Yes or No) Do vendors get VPP Premium access if their company has more than one Home Office Vendor Business Unit (HOVBU)? | Yes. VPP Premium access is provided at the company level as all HOVBUs associated with that vendor will receive access. |
| Where would you direct a Merchant to find the payment terms for a specific Vendor/VBU? A. PCM B. Passport C. IMA | B. Passport |
| What resource do Merchants have access to for training on systems, processes and templates for specific requests? A. Merchandising Resource Site B. Confluence C. IMA D. PCM | A. Merchandising Resource Site |
| (Yes or No) Do contract auto emails sent to a Vendor and Merchant expire? | Yes. 30 Days |
| (Yes or No) When a Vendor changes Banking Information in domestic profile, does that require a new VBT? | No. OM Team bypass's the contract phase. EFT Team reaches out to Vendor for new EFT form to be completed. |
| When a Vendor is setting up their banking information Lowe's only works with what countries? A. USA ONLY B. USA & CANADA ONLY C. USA, CANADA & MEXICO ONLY" | USA only |
| (True or False) Vendor's cannot update Remit address once they are factoring? | True. Vendor is factored and requires updated forms before the address can be changed |
| *BONUS POINT QUESTION* True or False: Import Vendors must have a brand listed in Passport? | False. They usually don't |
| (True or False) Lowe's doesn't require the Vendor to read the Lowe's Vendor Insurance Requirements? | False |
| *BONUS POINT QUESTION* True or False: Import Vendors must submit a COI for new onboarding? | True. Required by all vendors. |
| Who in Lowe's can sign a Good Faith Agreement? A. Merchant B. MVP C. Legal | B. MVP |
| How long are VBTs effective? A. 2 years B. 5 years C. Perpetual | C. Perpetual |
| Where can vendors find their current VBT or MBA? A. Lowes website B. Passport (Contract Section) C. Accounting team | B. Passport (Contract Section) |
| (True or False) When receiving a maintenance request OM Team should ensure a MBA or IMBA is on file. If missing they are to email Legal. | True. Email Rebecca Lund and upload the missing buying agreement. |
| *BONUS POINT QUESTION* True or False: Import Vendors sign the IMBA before Onboarding can begin? | True |
| *BONUS POINT QUESTION* Is it required for an Import Vendor to sign VBTs?" | Yes - all vendors do |
| *BONUS POINT QUESTION* If a Domestic Vendor wants an Import VBU - do they need to sign a new MBA?" | No - Domestic MBA can be used for new Import VBU |
| *BONUS POINT QUESTION* Can a Product Development Merchant sign VBT?" | No- only CORE merchant can |
| *BONUS POINT QUESTION* True or False - new potential import Vendors will sign an NDA before beginning onboarding vetting with LGS Sourcing?" | True |
| (False) OM Team can fill out a credit app on Lowe's for Vendors? | False |
| (False) Accounting will fill out a credit app on Lowe's for Vendors? | False |
| (True or False)DropShip Vendors shipping from Canada can use Lowes Fedex account number? | False - collect freight can't ship across borders |
| (True or False) Import Vendors can use Lowe's FedEx# to ship product to USA? | False |
| Who pays for freight for PREPAID Items? | Vendor |
| Who pays for freight for COLLECT Items? | Lowe's |
| (True or False) Everyone can give out Lowe's FedEx number to any vendor they want? | False |
| (True or False) A Domestic Vendor can be both Prepaid and Collect freight? | True |
| (True or False) All Vendors are collect freight and use Lowe's FedEx#? | False |
| *BONUS POINT QUESTION* Can Import Vendors be DropShip Vendors and setup in Rithum? | No - only Domestic HOVBU's can be DropShip Vendors. |
| *BONUS POINT QUESTION* If an Import Vendor wants to be DropShip Vendors have to do what? A. Setup Domestic HOVBU, have a Domestic ship location B. Setup a Domestic SFVBU under Import HOVBU C. Provide Tax ID and setup new EDI" | A. Setup Domestic HOVBU, have a Domestic ship location |
| (True or False) All Vendors are required to integrate with Rithum commerce network for Lowe’s Electronic Data Interchange (EDI). | False - just SOS/DropShip Vendors |
| *BONUS POINT QUESTION* Do Import Vendors need to provide a Factory setup sheet to add additional PORTS to profile? | Yes |
| *BONUS POINT QUESTION* Does Lowes require China Factory addresses to be in Mandarin language within the profile? | Yes - QA needs it that way |
| When a Domestic Vendor is shipping collect and using Lowes Fedex number, what is the billing address the Vendor uses? | 1000 Lowes Blvd, Mooresville, NC 28817 |
| (True or False) FedEx number is only for parcel and not LTL? | False - only one Fedex Number |
| The current Transportation Routing Guide version is? A. 10.5 B. 5.5 C. 8.5 | A 10.5 |
| (True or False) Fedex will ship to a PO Box? | False - no PO Box are accepted for ship locations |
| (True or False) Bank-Assisted Financial Instrument is an approved collection method for Import Vendors? | True. Only approved collection method |
| What is the character limitation for IMPORT Vendor's Beneficiary name? A. 30 B. None C. 25 D. 35 A. None B. 9 C. 15" | B. None. Beneficiary name & address doesn't flow to LCSA/Vendor. |
| *BONUS POINT QUESTION* What is the Lowe's Into the Blue event. | A semi-annual event where Lowe's invites a select group of vendors to "pitch" their product(s) to our Merchandising teams, similar to the show Shark Tank. The vendors can receive PO awards for Stock and/or Online. |
| (True or False) ITB or ITBP vendors do not have to sign an MBA and VBT. | False. They must sign the same contracts as all our Product vendors. |
| (Yes or No) Is there an indication on the Vendor profile that a vendor is from an Into the Blue event? | Yes. It is noted in Assigned and also in the Program details. |
| (Yes or No) Does the O&M Team currently perform Brand Validation tasks? | No. We hand off to the Brand Validation team. They will confirm back to O&M and the vendor that the Brand has been added to our Lowe's list. This step must be done before Item setup begins or their Core template will not show their Brand. |
| *BONUS POINT QUESTION* (True or False)- An Import Vendor can be an Into the blue Vendor? | True |
| Where can vendors find the Vendor Code of Conduct? | Knowledge Center in Vendor Gateway & Passport |
| Where can vendors find the Insurance Requirements? | Knowledge Center in Vendor Gateway & Passport |
| Where can vendors find the Wood Sourcing Info? | Knowledge Center in Vendor Gateway |
| What is the character limitation for Vendor Email address? A. 35 B. 45 C. 40 D. 25 | C. 40 |
| What is the character limitation for the CITY in Vendor addresses? A. 20 B. 15 C. 25 D. 30 | A. 20 |
| What is the character limitation for Vendor's address LINE 1? A. 40 B. 20 C. 30 D. 35 | C. 30 |
| What is the character limitation for Vendor's address LINE 2? A. 30 B. 40 C. 35 D. 45 | B. 40 |
| (True or False) Once a VBU is placed in “Inactive” status in Vendor Gateway and LCSA, it cannot be reactivated? | True. Vendor and Merchant will need to create a new VBU |
| The majority of Primary Business section in LCSA will always be what class for OM Team ? A. Installer B. Manufacturer C. Store SOS | B. Manufacturer |
| Primary Products section in LCSA is for what purpose? A. Identifier the Vendor Type for reporting B. Know what country the vendor is from C. What the Vendor sells | A. Identifier the Vendor Type for reporting |
| (True or False) Business number in LCSA is the Primary contacts phone number and MAIN number is the Corporate phone number? | True. Data auto flows that way |
| (True or False) Website is required for LCSA? | False |
| What Support Team needs the Program Type attributes? A. Transportation B. Accounting C. EDI | C. EDI |
| (True or False) Supplier Diversity in Passport is required to be completed? | False |
| (True) Corporate Sustainability is a nice to have data collection, but not required? | True |
| (True or False) OM Team members can re-invite contacts into Gateway? | True |
| *BONUS POINT QUESTION* (True or False) Recent Activity Log will show who sent out a contract? | False |
| *BONUS POINT QUESTION* (True or False) Recent Activity Log will show who voided a contract? | False |
| *BONUS POINT QUESTION* (True or False) Recent Activity Log will show all financial changes to a profile and who did it? | True |
| (True or False) Only domestic VBU's can have a Pay-By-Scan Remit#? | True. Pay-by-Scan doesn't apply to import VUB's. |
| (True or False) There are 203 approved Payment Terms only that Merchants can use? | True. Hardcoded into the systems |
| *BONUS POINT QUESTION* (True or False) Import Vendors are always Letter of Credit listed payment terms in LCSA/Vendor? | True |
| *BONUS POINT QUESTION* (Yes or No) Payment terms for Import Vendors uses the language of "Sight" - is that the same a Net? | Yes |
| *BONUS POINT QUESTION* (True or False) 3 digit code in front of Import payment terms listed within profile is an EDI code? | False. It's an Accounting code |
| Every additional REMIT VBU added to a Vendor must have which attributes: A. Different payment term, tax id, ship location B. Same payment term, tax id (optional), ship location C. Different payment term only, no tax, ship location" | A. different payment term, tax id, ship location |
| *BONUS POINT QUESTION* What is the purpose of the Import Beneficiary Name? A. For Legal Contracts B. For Commercial Invoices and who Lowe's is paying C. For EDI setup | B. for Commercial Invoices and who Lowe's is paying |
| What is the Lowe’s preferred RTV Method for Domestic Vendors? A. Return to Vendor, RA, Defective Allowance B. Dispose, No RA, Vendor Debit C. Dispose, RA, Defective Allowance" | B. Dispose, No RA, Vendor Debit |
| What is the purpose of the RETURN TO VENDOR 5% processing fee? A. To cover for Lowe's expense/labor involved in processing for the vendor B. To penalize the vendor for a return c. To cover Freight | A. To cover for Lowe's expense/labor involved in processing for the vendor |
| Vendor has how many days to pick up returns from stores or it will be disposed of? A. 14 Days B. 10 Days C. 15 Days D. 5 Days | A. 14 Days |
| (Yes or No) Can a Vendor in Inactive Pending status be moved back to Active status? | Yes |
| Which Support Team can deactivate a VBU? A. Vendor Maintenance B. Vendor Management C. Onboarding and Maintenance | B. Vendor Management |
| When a Merchant submits 0 processing fees for Return to Vendor - who signs the VBT on Lowes side? A. Merchant B. Lowes Legal Team C. DMM D. MVP | D. MVP |
| (True or False) When making RTV changes - this is a contractual change and requires a new VBT? | True |
| (True or False) Vendor can change RTV policy from Dispose to RTV? | False. RTV section locked to vendor |
| (True or False) OM Team Member can approve RTV change in policy from Dispose to RTV? | False. RTV Support team is required to review/approve all changes. |
| *BONUS POINT QUESTION* True or False: RTV is the Lowe's standard return method for Imports? | False. Dispose is |
| *BONUS POINT QUESTION* (Yes or No) Can Domestic Vendor just add Canada ship location to their HOVBU? | Yes. Domestic vendor can add Canada and Mexico ship locations to their STOCK program for prepaid only business. However, we do not want Mexico on a DropShip SOS profile. |
| *BONUS POINT QUESTION* Can a Domestic Vendor just add Mexico ship location to their HOVBU? | Yes. Domestic vendor can add Canada and Mexico ship locations to their STOCK program for prepaid only business. However, we do not want Mexico on a DropShip SOS profile. |
| Which Support Team should the vendor email if they are having log in issues for Vendor Gateway? A. Onboardingintake@lowes.com B. VendorMgmt@lowes.com C. item@lowes.com" | Vendor Management (VendorMgmt@lowes.com) |
| *BONUS POINT QUESTION* If a Vendor doesn't have a W9 - where can they go to get one for free? A. Online - Google it - IRS website B. Walmart website C. Onboardingintake@lowes.com" | Online. They can google it |
| Canada GST is how many digits long? A. 14 B. 9 C. 15 | 15. But only 9 flow over to LSCA/Vendor at this time. |
| (True or False) A Canada vendor can use a W8 and have a US tax id? | True |
| (True or False) A Domestic Vendor can use a social security number for tax id? | True |
| (True or False) A Domestic Vendor can skip the tax section in profile - it's optional. | False. Required for domestic vendors |
| (True or False) Tax ID doesn't flow to LCSA/Vendor. | False. It does flow |
| (True or False) Accounting validates Tax ID's in IRS and Canada Government systems? | True |
| (True or False) Accounting validates the Vendor Name and Tax ID matches in IRS. | True |
| (True or False) Lowe's will use a China W8? | False |
| How many digits in US Tax ID? A. 9 B. 8 C. 7 | A. 9 |
| (True or False) OM Team can provide a Lowe's W9 to Vendors? | True |
| (True or False) Rithum is a free service Lowe's offers to new onboarding DropShip vendors? | False. 3rd party Rithum changes for setup and service. |
| (Yes or No) Does the W8/W9 have to be signed in order for it to be considered valid? | Yes |
| (Yes or No) When a Vendor changes their Tax id # in their profile, does that require a new VBT? | No. New W9 only |
| If Legal Name, Parent Name and DBA Name is listed in profile - what name goes on PO's? A. Legal Name B. Parent Name C. DBA Name | C. DBA Name |
| (True or False) Vendor doesn't need to provide Parent Name? | True |
| (False) Vendor is required to provide FORMER NAME? | False |
| (True or False) DBA is required? | False |
| (True or False) OM Team Member sends the invite to vendor to onboarding into Gateway? | False. Merchandising does, OM can only re invite |
| (True or False) Vendor's don't need to register in Gateway in order to complete profile data & setup? | False |
| (True or False) Corporate Sustainability is required for Domestic Vendors? | False |
| (Yes or No) Are the Allowances and Terms entered in a new record already negotiated with vendor? | Yes |
| Who can make Admins in Vendor's profiles: A. Merchandising B. Admin of Vendor already listed C. Accounting | B. Admin of Vendor already listed |
| *BONUS POINT QUESTION* What does DIRECT in Imports mean? A. From the Factory straight to USA B. A 3rd Party is involved and then ships to USA | A. From the Factory straight to USA |
| *BONUS POINT QUESTION* (True or False) Import Vendors have different Insurance Requirements they adhere to for onboarding? | False . One Insurance Requirement docs for all vendors |
| *BONUS POINT QUESTION* (True or False) Import Vendors do have the PORT listed in Ship From VBU? | True |
| *BONUS POINT QUESTION* True or False: Direct or Indirect classification for Import Vendor is listed in LCSA? | True |
| *BONUS POINT QUESTION* True or False: The Ship From address in LCSA for Import Vendor is the address where product ships from? | False. PORT is where all Import ships from - the address can be Factory or Corporate and it's not used anywhere. It's to just satisfy LCSA field. |
| *BONUS POINT QUESTION* True or False: If an Import Vendor has 3 Factories in Zhenjiang-China they will setup 3 Ship From VBU's? | False - Import Vendors ship from PORTS and one PORT only needs to be listed. Therefore, an import vendor can have 3 Factories in one PORT and get ONE SFVBU. |
| *BONUS POINT QUESTION* (True or False) It is required to have the Port Code listed in the ship VBU? | True |
| *BONUS POINT QUESTION* Once LGS Sourcing completes the Import Vendor setup on their end the next steps are: A.Enter in Passport and Invite the Vendor to onboard B.Send out VBT and assign VBU C.Send onboarding documents to Core Merchant for processing | C. Send onboarding documents to Core Merchant for processing |
| *BONUS POINT QUESTION* (Yes or No) Do Import Vendors have Allowances? | Yes |
| *BONUS POINT QUESTION* Which Team Members can initiate Import Vendor potential for onboarding: A. Merchant, Product Development, Sourcing B. Sourcing, Accounting, Quality Insurance C. Merchant, Sourcing, OM Team Member D. None of the Above | A. Merchant, Product Development, Sourcing |
| Who should a merchant email if they can't find their vendor in the Vendor Funding Tool (VFT)? A. Onboardingintake@lowes.com B. Vendoronboarding@lowes.com | A. Onboardingintake@lowes.com |
| (True or False) I can use the VFPF Tool for Vendor Forum? | False. The VFPF isn't the financial document for Vendor Forum. |
| (Yes or No) Are Import Vendors managed in the Vendor Funding Tool (VFT)? | Yes. All active Import Vendors have migrated into Passport and are visible in the Vendor Funding Tool (VFT) |
| *BONUS POINT QUESTION* After all Import Vendor negotiations are complete who has the final approval if the vendor moves to onboarding? | Merchant |
| *BONUS POINT QUESTION* (Yes or No) Can Domestic Vendor just add China ship location to their HOVBU? | No. Outside of Canada and Mexico, which we view as domestic, no other country address can be used as a Ship From in Domestic VBU |
| *BONUS POINT QUESTION* (True or False) Corporate Sustainability is required for Import Vendors? | False |
| *BONUS POINT QUESTION* (True or False) all Import Provinces must be converted to codes?" | True |
Created by:
ngovert