The Customer’s Formal Terms Pushback Strategy, the Supplier’s Cost of Capital and Inflation: What Does it Mean For the Supplier’s Profitability For the Account?
Scott Blakeley, Esq. A payment trend affecting credit teams across all industries is customers disregarding supplier-set trade terms, and extending these terms. Private U.S. companies reported a continued increase in their average accounts-receivable days. This is despite the fact that customers are sitting on record cash holdings. I have discussed in articles the ways in […]
We Know about Amazon Deductions All Too Well. Learn About How to Stop Them.
Written By SupplierWiki The Tortured Supplier’s DepartmentHey NACM Members, We’re SupplierWiki. We create free educational content for retail suppliers, helping them recover from deductions and chargebacks and ultimately become A+ suppliers. Our articles and free resources cover major retailers like Walmart and Target; however, in this edition of the NACM Newsletter, we’re investigating Amazon’s problem […]
Stop Losing, Start Protecting
Written By: NCS Credit UCC FILINGS REDUCE FINANCIAL RISK FOR BUSINESSES Every time you extend credit to your customer, you assume some calculated risk, right? And, as a diligent credit professional, you take steps to mitigate that risk. You scrutinize credit applications, analyze and review credit history (the amount of outstanding debt, payment behaviors) and […]