September 15, 2005

Thomson Learning's Inventory-in-Place Program

Thomson Learning is once again offering their Inventory-in-Place Program for college stores. All college stores in good credit standing are eligible to participate in Inventory-in-Place (IIP) this fall. IIP is an excellent tool to reduce a store's return percentage, thereby maintaining or improving their Service Plus program status. It is also a good way to reduce freight costs and avoid price increases.

Remember that stores' sales history for the 2005 calendar year will be used in the calculation of your next Service Plus status on January 1, 2006.

Here's how it works:

After fall rush, identify the unsold stock that will be used again the next term and, instead of returning these books to us, simply supply us with a list that includes quantities, authors, titles, editions, ISBNs and corresponding invoice numbers. Send this list along with your October payment less the value of the books you will be holding and less the value of any books you are planning to return.

We will send you approval in writing for all books that can be held. For the approved titles, payment for the total net value of these books will be due February 1st.

To learn more, please read the complete description of our Inventory-in-Place program.