Price Protection - READ THE FINE PRINT

Prices change.  Sometimes prices change after you have stock in your shops.  If you have not sold inventory yet and prices come down you can be eligible for a price protection program.  You should check.  First, make sure that you are always current with pricing.  Subscribe to a price list email update that your vendor partners should offer.  Next, read  your program details or check your contract.  If all else fails, call your account manager to find out what programs are in place  This is very common in the computer software, electronics and hardware markets.  Also, traditional manufacturing resellers and partners should watch out for this too.  Vendors will calculate what inventory you have based on the following formula:  what you bought minus what you sold.  What you sold is calculated based on POS transactions.  The net is what you have left and you should see a credit memo on account for that stock.