TRADE / WHOLESALE POLICY
TRADE POLICY IS AVAILABLE TO:
- STOCKING DEALERS:
- Full wholesale prices offered based on listed minimums.
- Evidence of retail trade with store front to be submitted. Submittal to include:
- Resale certificate
- Business license
- Copy of phone directory "yellow page" listing
- Copies of three trade invoices from last three months
- Business bank address and account number
- MANUFACTURERS:
- Wholesale prices offered on specific items used in manufacturing.
- CATALOGERS:
- Wholesale prices offered with book minimums waived based on approval of submitted "Mail Order" catalog which includes ordered items. A $5.00 handling fee charged for orders under $25.00.
- TEACHERS / INSTITUTIONS / GUILDS:
- Price will be split between retail and wholesale providing wholesale minimums are complied with.
- Teachers to submit evidence of status. Submittal to include
- Business license
- Class program schedule
- Copies of two teaching contracts.
- BOOK STORES:
- Single copies of any LACIS publication (noted by ** following title) can be ordered at a discount of 20% providing order is accompanied by payment, including shipping fees.
- Shipping will be by insured UPS.
- NEW ACCOUNTS:
- Terms on initial order can be Prepayment (Pro-Forma Invoice), Credit Card or C.O.D.
- COD:
- Business checks will be accepted from accounts of record in good standing.
- New and cash accounts will be shipped COD: Cash or Certified Check.
- PRE-PAID ORDERS:
- A Pro-Forma Invoice will be sent if pre-payment is preferred or if Open Account status has been canceled. Prices indicated on a pro-forma are guaranteed for 30 days with the exception of shipping charges which will reflect charges at time of shipment. A pro-forma will be canceled after 60 days if full payment is not received. If a pro-forma is ignored a $50.00 non-refundable deposit will be required on any future Pro-Formas.
- CREDIT:
- Limited credit is offered to accounts of previous and approval of CREDIT APPLICATION. Terms are a firm 30 days from SHIPPING DATE. A current VISA or MASTERCARD is required as security on any open account. Charges will made against this credit card with finance charges added on any Past Due account.
- No further credit will be extended to accounts with any outstanding balance due.
- Accounts 60 days past due (from shipping date) will be assigned for collection. All court, legal, collection and finance fees will be added to balance and become part of balance due. (Collection charges for amounts under $100.00 is 50%. Charges for amounts over $100.00 is 30%. )
- All dating is from SHIPPING DATE on Invoice with payments considered delinquent if not received within 30 days of this date.
- Payments to be made from Invoice. Statements are only issued for accounts which are PAST-DUE or which have a CREDIT BALANCE.
- INACTIVE ACCOUNTS:
- No activity within the previous 16 month period will cancel any account status and new orders will be treated as a new account.
- PAST DUE:
- Accounts will be charged a 1½% per month finance (APR 18%) plus a $0.50 service charge per month from date of Invoice on any Invoice for which payment is not received within 30 days. Each Invoice will be treated separately on any Statement.
- SHIPPING:
- Unless otherwise specified, all orders are shipped UPS or RPS, insured, standard ground service.
- When timely delivery is required, a SPECIAL HANDLING service is offered for a fee of $15.00. This service guarantees delivery by a specified date and is in addition to any other shipping charges. For same day shipment, orders must be received before 3:00 PM PST. All SPECIAL HANDLING shipments are made by NEXT DAY or 2ND DAY UPS. Should parcel not be delivered in a timely manner, shipping and handling fees will be waived and there will be no charge for refused parcels. This guarantee does not cover any out-of-stock items or backordered items. Advisement of any items not shipped will be attempted prior to shipping. If a timely delivery is required and SPECIAL HANDLING is not requested, order must include the notice "CANCEL" followed by the cancellation date.
- While all orders are expedited and are usually shipped within 48 hours, LACIS can not guarantee this service and orders refused for delayed delivery without cancellation notice, will be cause to put such accounts on a Pro-Forma basis, requiring payment prior to shipping. On refused orders, customers will be liable for shipping charges plus a 10% (of net invoice) handling fee.
- POSTAGE AND HANDLING:
- All shipments will be invoiced with actual shipping costs plus a nominal 1% packing/handling fee.
- PAYMENTS:
- WHOLESALE PRICES are based on "cash" payments. Acceptable complying payments are cash, certified check, business check, money order (in US funds) or VISA/MC credit card.
- ORDERS:
- MINIMUM ORDERS: Any single order must total $50.00 ($25.00 for catalogers). All items shipped in multiples of Standard Pack or minimum of Standard Pack (depending on item). Book minimums will be waived for Catalogers.
- NON COMPLYING ORDERS: If wholesale orders under the minimum are necessary, they can be filled, with a $5.00 handling fee added to Invoice.
- CONFIRMATION: If required, request Pro-Forma Invoice or call by phone for availability or COD amounts. LACIS does not take the responsibility of any requested confirmations.
- COURTESY DISCOUNTS:
- On orders over $50.00 a 10% courtesy discount from retail price will be extended for:
- Wholesale items ordered in quantities less then standard pack.
- On most non-wholesale items.
- PHONE ORDERS:
- LACIS can not guarantee the accuracy of phone orders. Documented fax or mail orders are preferred. When placing a phone order provide account number, item number and description to minimize errors. Accuracy will be the responsibility of the caller.
- PRICES:
- Prices are subject to change without notice. Unless advised otherwise, all shipments will be made at current price.
- All prices FOB Berkeley.
- INVOICE:
- Prices are listed as follows:
- Books, non-wholesale items, and wholesale items not complying with minimums are listed at retail price.
- Wholesale items other then books are listed at net wholesale.
- The factor "Fctr." noted on the invoice is the discount multiplier. Thus a factor of .60 indicates a 40% discount from suggested retail price.
- CLAIMS:
- All claims must be made within 10 days of receipt of merchandise. In cases of damage, save damaged items and shipping carton and contact local office of appropriate carrier and request a damage inspection. Do not return damaged merchandise without authorization.
- Claims for damage will not be honored if the above not adhered to.
- RETURNS:
- Authorization must be obtained prior to returning of any merchandise. Requests for returns will not be considered after 60 days from shipping date.
- Except in cases of defect or error in shipping, a nominal restocking charge of 10% of cost of goods will be made with a $2.50 minimum. Unauthorized returns will be, charged a double restocking fee, or disposed of if return postage is not provided within 30 days of written advice.
- Return shipping is the responsibility of the consignee. All shipments should be well packed and insured. In cases of defective merchandise or shipping error (not applicable for phone orders) a credit will be provided for return postage.
Returned merchandise will not be accepted if it is damaged, marked or in any condition not suitable for reselling as "new" merchandise. For damaged merchandise see paragraph "CLAIMS"
- BACKORDERS:
- Unless advised otherwise, items not shipped will be backordered and shipped as available without regard to order minimums. Shipping and COD fees (where applicable) will be added to backorders. Backorders under $10.00 will be canceled.
- Cancellation of backorders is the responsibility of the consignee.