Rentals in PrismCore Comparison

 

NBC Partnership1

NBC Partnership2

NMRP

Store Managed

Store receives rebate amount from NBC for each copy rented, new or used

Y

Y

Y

N

Store sends rentals to NBC at end of rental period.  Store is invoiced by NBC for rentals kept

Y

Y

Y

N

Traditional rental model in which books always belong to the store and must be rented three or four times to see profit

N

N

N

Y

Outstanding rentals remain in store inventory

Y

N

N

Y

Outstanding rentals are recorded as sales and decrease inventory when sales are posted

N

Y

Y

N

Rentals kept increase SOH

N1

Y

Y

N

NBC shipment handled with Proposed Rental Return; store edits the Ship Qty

Y

N

N

NA

NBC/NMRP shipment handled with Reconciliation under Hammer in Rental Maintenance; Store edits the Keep Qty

N

Y2

Y3

NA

Store sends emails

Y

Y

N

Y

Store charges for RNRs

Y

Y

N

Y

NBC sends emails

N

N

Y

N

NBC charges RNRs

N

N

Y

N

Store selects titles to rent from NBC/NMRP list

Y

Y

N

N4

NBC controls which titles to rent and sets rental prices; store cannot edit rental price

N

N

Y

N

Store sets rental prices and can edit rental prices

Y

Y

N

Y

Rental Qty in Item Maintenance includes outstanding rentals

Y

?

N

Y

Rental Qty on <F9> Quick Menu <A> Item Info includes outstanding rentals

Y

?

N

Y

Rental Qties in Order Decision Maintenance include rentals posted to term

Y

Y5

N

Y

Sales Qties in Order Decision Maintenance include rentals posted to term

N

Y5

Y

N

½ rebate paid monthly; total remaining half paid at end of rental period

Y

N

N

NA

Full rebate paid monthly

N

Y

Y

NA

For quantities not shipped/kept in store, rental PO created and received; Rental invoice sent from NBC

Y6

Y6

Y6

NA

 

1 While outstanding rentals remain in stock, there are stock adjustments with NBC P1 rentals.  When the NBC rental return is posted, stock adjustments of return and receipt are made to account for rentals kept, rentals shipped and RNRs.

2 NBC Rental Reconciliation

3 NMRP Rental Reconciliation

4 For NBC P1 or NBC P2: If a title is on the NBC list, the store can elect to not rent it as Partnership and rent it as a store managed title.  If the title is not on the NBC list, the store can rent it as store managed.  For NMRP: If a title is on the NMRP list, it is available for rent as NMRP; the store cannot elect to make it unavailable to rent as a NMRP title.  If a title is not on the NMRP list, the store can rent it as store managed.

5 For NBC P2: Rentals quantities are included along with regular sales in the sales quantities fields.  Rental quantities (without sales) are reflected in the rental quantities fields.

6 For NBC P1 and NBC P2: The store is responsible for both quantities kept and RNRs so the PO and invoice are for “quantities not shipped.”  For NMRP: The store is responsible for quantities kept but not RNRs so the PO and invoice are for “quantities kept.”