The approaches include
Making contact with the person who orders to let them know there may be a problem with supplies ( this I find gets a quick response)
Asking our sales rep to have a word with his contact.
This would probably breach Data Protection law.I was considering starting a network in Ireland for Credit Controllers. Works very well for our UK operations, whereby suppliers/wholesales/distrubition companies who share common customers can email each other once a month with updates on bad / slow paying customers.
I would much prefer to rely on my own first hand information rather than the reports from other companies who may well have a different agenda.
No information about the customer is released that it is not already available in the public domain e.g Telephone Book.
Why this was set up was because of Supplier Shopping.
Basically you would have a customer place order with you, then use the cash inflow from that order to pay me. Your then left with a debt owing for which you can not get paid, because the receipt has gone to me.
Under Irish company law, unknown to alot of business owners and managers this activity is illegal and is referred to as preferential trading.
However, in reality the practice is Ireland is to pay the supplier who shouts the loudest, which takes me back to main OP - how often is too often.
Not quite true. You must comply with data protection legislation.What you do with the information is entirely up to you.
This would probably breach Data Protection law.
Does Data Protection apply to companies as well as to people?
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