Tagged With "COVID"

Sharp’s parent shells out more to retain workers Foxconn, aka Hon Hai Precision of Taiwan, parent of Sharp, announced it will offer up to 5,000 yuan ($718) bonus to retain workers at a plant in Zhengzhou, China Plant is used to assemble Apple iPhones Many workers left, and some rioted, over COVID-19 lockdown measures

US wholesaler S.P. Richards (SPR) has signed a definitive agreement to be acquired less than three years after it was taken private by Mike Maggio and Yancey Jones Sr, OPI has learned. Maggio and Jones led the acquisition of the $1 billion wholesaler from Genuine Parts in July 2020, navigating the business through the COVID crisis. reported by OPI PURCHASE, N.Y. , Jan. 11, 2023 /PRNewswire/ -- Central National Gottesman Inc. (CNG), a $9B global sales, marketing, and distribution leader in...

Sharp’s parent to lose its biggest customer? Foxconn, aka Hon Hai Precision of Taiwan, is parent of Sharp Foxconn’s largest customer, Apple Inc., is reportedly looking to move a substantial amount of its business from Foxconn to Luxshare Precision of Taiwan This would mean Foxconn would lose its monopoly on assembling Apple iPhone Pro models is apparently the result of the manufacturing disruption caused by Zero Covid policies enforced by Chinese government on Foxconn’s huge plant in...

The post Covid era combined with the looking recession is still paying havoc with many of my lease renewals. Like others have stated on these forums, I've moved to offering a 24 month renewal if the is in renewal or will not budge to a long term 60 month lease. In most cases I'm offering the same price per month for 24 month term. Recent sales have netted $4K GP and $3K GP. What's more interesting is that I can start the process again in 18 months or so. At that time the MFP will be either 7...

Since Covid I've been using DocuSign for most of our lease/order docs that need signatures. DocuSign will send you and email when the docs are viewed and of course the email with the signed documents return. Lately I've seen some of the outbound emails (signature envelopes not opened for days). It's always a good practice to send an email to the client after you've sent the DocuSign envelope telling them that the DocuSign was sent. In some cases depending on your clients email settings...

When you create the packet, go in your settings and turn on reminders. I set it to send a reminder every day until they complete it. If I send docs on Friday I set it to begin sending reminders on Monday and every day after. I'll usually send an email from my regular email as soon as I send the Docusign just to let them know that I've sent it.

Brother eyes printer data security amid digital revolution reported on businessnewsaustralia.com Print Significance: Despite the digital shift, 70% of businesses print daily, highlighting its continued importance. Printer Security Oversight: Cybersecurity concerns often ignore office printer vulnerabilities. Brother's Emphasis: Stephen Nicholls stresses comprehensive printer security within document management. Security Challenges: 27% of IT security incidents are linked to print-related...

A court system in the San Francisco Bay Area completed its transition earlier this month from outdated computer systems and relying on paper-based operations to services that are digital by default. The move to digitizing systems at the Marin County Superior Court intended to modernize the courts processes as well as increase public access to justice, the court Executive Officer James Kim said in an interview with StateScoop. “We really needed to digitize our records because that would...

PORTLAND, Ore. , Feb. 29, 2024 /PRNewswire/ -- Laura White , PaperCut Head of Talent, provides industry insights: The Covid-19 pandemic pushed hybrid working into the mainstream, and it looks like the trend is here to stay. While employees are slowly starting to return to office, many prefer to continue working from home for at least part of the week. Laura White, PaperCut Software's Head of Talent I felt deeply during Covid that we were going to swing back to office work very quickly. But...

It was two years ago, close to the end of COVID 19. On of my accounts was coming to the end of a 36 month FMV lease. At the time it made sense to re-lease the same 4 devices at the same cost per month for 24 months. Well, that 24 months is three months away from ending and my client is asking to re-lease again for the 24 months, however would like a small reduction in the cost per month. I can do the deal, however it will cost me. Interest rates are much higher and I have to use a $1.00 out...

It’s happening like that all the time now. I’ve been able to get a lot to change their mind but there are still plenty who want us to rewrite the lease.

New Lease, aging will lead to problems unless the machines are in good shape. Will the funding partner approve or are you holding in house?

Not sure if the is with GA, if so I will press the issue. Thanx for your input on this

This is an ongoing problem, and I have heard from Great America and others that many dealers are having this issue due to inflation and higher lease rates. It seems that a lot of customers are letting their leases going into renewal and are completely fine with it and then another percentage are releasing the machines at the same price or requesting a lower prices. We do not typically discount our release payments, unless we have to.

It’s very rare that we have had it done. And it may have been some at times that have slipped through the cracks, but we have had it done before.

I will say, and it is not often, we can sometimes get Great America to do an FMV release from what i can remember, but it really depends on the deal and it is not standard practice for them that’s for sure.

@Kimberly , device in good shape. Funding partner will only do a $1.00 out, which lowers revenue, after including buyout that leaves may $1,500 revenue for each device

We did a ton in 2020 but rare now. We would try to upgrade to newer refurb machine . Depending on age we can get FMV, but most do a 36 $1.00out refurb. More GP usually than a release.

It' good to know that I'm not the one in the boat rowing , thanx to all.

We try to avoid the release.....there is not much benefit to customer to release vs evergreen unless you drop the payment and then you are digging yourself into a deep hole from every upgrading. We push hard for a new lease. The only time we re-lease is to avoid customer doing the FMV buyout and owning the machine.

@Deanw I agree also with the re-lease, on a few occasions I've been able to release for the same price per month but with a 24 month term with FMV