Publishers will think they can’t take a trick when they read this blog post. The delayed billing introduced by Universal Magazines for some of their titles is doing us no favours. Sure there is a delay for payment but we still have to find the stock. Plus, the way they handle the delay through XchangeIT means that we do not have accurate data on the shop floor indicating when the title came in. Regardless of delayed billing, if a title does not start to sell within the first month I am likely to want to return it. Publishers need to realise that product cost is only one of four factors in the cost equation.
We hand write on the ticket the dates so it is easier to see when delayed billing etc. However, we still will early return if they over supply.
early returning these mags causes issues when reconciling the monthly statement