{"id":4009,"date":"2018-08-20T15:40:22","date_gmt":"2018-08-20T15:40:22","guid":{"rendered":"https:\/\/picb-us.com\/?p=4009"},"modified":"2023-08-14T20:34:48","modified_gmt":"2023-08-14T20:34:48","slug":"no-paper","status":"publish","type":"post","link":"https:\/\/picb-us.com\/no-paper\/","title":{"rendered":"NO PAPER"},"content":{"rendered":"

[vc_row][vc_column][vc_custom_heading text=”NO PAPER
\nA Cash Flow Crisis in the Making” font_container=”tag:h1|text_align:center|color:%23096abf” google_fonts=”font_family:Jockey%20One%3Aregular|font_style:400%20regular%3A400%3Anormal”][\/vc_column][\/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner][vc_custom_heading text=”PRINTERS – BE WARNED!” font_container=”tag:h2|text_align:center|color:%23dd9933″ google_fonts=”font_family:Jockey%20One%3Aregular|font_style:400%20regular%3A400%3Anormal”][vc_column_text]<\/p>\n

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The paper shortage is already wreaking havoc on our industry. The diminished capacity to produce paper caused by a pulp shortage amongst other issues is not anticipated to be solved easily, nor quickly! It will cause project creep along with escalating prices, leading to customer loss, drained cash flow, and diminished profits. Sadly some printers will not survive, therefore planning now how to weather this storm may in-fact help maintain profitability and survivability.<\/p>\n

PICB has already settled several collection claims where the customer refused payment claiming \u2018late delivery\u2019 which was caused by the unavailability of paper \u2013 We anticipate there will be many more of these cases in the coming months and while we collected these first cases KNOW <\/u><\/strong>not all cases, will be recoverable. Some of these non-paying customers will need to be sued which will increase the Printer\u2019s cost burden while providing no guarantee of winning and recovering the money owed. There will also be those cases where the amount is too small to litigate and the refused payment will result is a slow drip- profit loss.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_custom_heading text=”PICB WISHES TO PROVIDE SOME IDEAS AND SOLUTIONS” font_container=”tag:h2|text_align:center|color:%23096abf” google_fonts=”font_family:Jockey%20One%3Aregular|font_style:400%20regular%3A400%3Anormal”][vc_column_text]<\/p>\n