WPT Quarterly Member Phone Conference

WPT Membership News Release – 12-9-08 – Nashville

The latest WPT Quarterly Membership Conference Call was perhaps the best.  In response to an email asking what topics would best benefit the membership in our quarterly conversation, President Amy Sterling said almost everyone wanted to talk about the economy and what we were all doing to protect ourselves.

The group that called in was small so it allowed an easy and free exchange of ideas for about an hour.  Here is an idea of what was discussed;

• How we make credit decisions with new and existing customers.
• Collection methods for existing and “good” customers.
• How the collection numbers are tending to get out farther and farther and what actions we need to take to control this.
• Shipping and delivery services.
• What to expect in the shipping industry and how it relates to timely inventory.
• Credit insurance and how to protect your company from being hurt through default of a large receivable.
• Job flow and order entry software and how to better use it with exception reports and other features to better monitor your customers.

It was a very productive hour and as usual everyone expressed the feeling that sharing is the greatest asset our organization offers.  It was noted that this conversation was rather defensive in nature and perhaps next quarter we could be more proactive and talk about finding more sales, the fuel that would solve most of our problems.

We need to remind everyone that our mid-year meeting (in Nashville) is coming up January 17-18 at the WPT Headquarters where we will have more time to share as well as finalize plans for the Convention in Texas this up coming July.

Amy Sterling

President WPT