Stock on a round trip
16th March 1995, Page 95
16th March 1995
Page 95
Page 95, 16th March 1995
— Stock on a round trip
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• Stock cleansing and stock reclaims could be a time bomb waiting to explode on the motor factor trade, says The Factoring Services Group.
Factors say there is a lot more product arriving in taped-up boxes nowadays—parts that have been round the system on at least one out and back trip. This means that the chances of mishandling are increased and a quality control problem can arise.
FSG advice is not to accept "new" stock in taped boxes; be careful on quality control of all incoming goods; and examine goods in for rush orders.