Snyder's of Hanover
Yaz in Florida

Miami, FL

#247 Apr 17, 2011
lancelady,

I will try to explain as best as I can since I am still a bit confused about your question. Sorry if I ramble, it will only be to try and give you a clear picture.

There are two simple factors that determine your route settlement with SOH (your pay). These are what you owe the company, and what you pay the company. If at the end of the week you paid them more than you owed them, the difference is your settlement, if you failed to pay them or at least equal your debt to them, you will be carrying that balance towards the next week.

The things that will be factored in are the following;

You will owe weekly,
handheld serv charge $35
route note $ 175 example
truck note $ 75 example
Any loads that you owe for that working period

You will pay back weekly with,
Charge invoices, promos, discounts and any cash or checks turned in to SOH.

Remember the product you are selling into your stores already include the commission % you are due based on the product line, SOH 18%, Wise 17%, Publix 14% and so forth depending on the area you work and the lines you will carry on your truck.

Example, the bag of snacks you may sell for a $1 already includes 18% that you are due to earn since you bought it from SOH for .82cents.

At the end of the week you are simply aiming at paying them more than you owe, difference is your paycheck.

Stales are AUTOMATICALLY figured, thus my NOT mentioning those because the actuall charge totals you are credited for already include the deduction of all credit invoices. Example, Charge invoice for $100 and a credit (stale or buyback) invoice for $6 and your totals at the end of the day will in essence be $94 in credit to your numbers. Sadly those $6 is your loss 100%. You can give a buyback credit at a store for $30 vs a $100 charge and you will lose $30 in credits,(for a net of $70 in charges) but will put that back in your inventory for you to sell elsewhere, but until you do, the numbers are working against you. If it is invoiced as a stale it comes right off but does not get added back into your inventory thus not allowing you to sell it.(you can if the product is good) and you will be overselling which is ok since with the new system inventory REALLY doesn't matter, only $$ number value. They could care less if you back your truck into the river and empty it, you already owe them that $$.

I hope I didn't confuse you with all of this info at once, if I missed something please be specific in your question and I will try to answer again.

Good luck!!
Anonymous

Lawrenceville, GA

#248 Apr 17, 2011
if VP's are reading this blog then we need Carl Lee to grow some balls and explain to us how Snyders- Lance is going to explain to shareholders why sales are down 25 to 30 percent per IO route due to the the new pay plans we were forced to accept I know Roland replaced you at Frito- Lay because of fear of unions it may happen again ASSHOLE

Since: Apr 11

Location hidden

#249 Apr 17, 2011
settlement = total sales - loads
you pay 19% promo
you eat stales/damages etc
you pay 35 serv. charge
example @ a 19% discount - you buy 1000 dollars of inventory the total sales will be 1190 minus promo/stale serv charge. 190 divided by 1000 = 19%
Each week you take cash sale + settlement ck. divide by your loads to figure your %. I dont carry a note w/ snyders so I dont figure this in.Last yr. my avg. was 16.2%. To all the Lance reps. considering to purchass a rt. If a DM tells you sales for the rt.= 6000/wk and your settlement will be 1140/wk look a little closer and figure 16% on avg. I hope this helps.
crystalball

Murfreesboro, TN

#250 Apr 17, 2011
Bottom line is the transition to independent operators is a huge negative for anybody who previously worked for LANCE!..
and the sales figures for the rest of 2011 will reflect that
SOMETHING should change and very quickly!
Bootyman

Lawrenceville, GA

#251 Apr 17, 2011
boxhard wrote:
settlement = total sales - loads
you pay 19% promo
you eat stales/damages etc
you pay 35 serv. charge
example @ a 19% discount - you buy 1000 dollars of inventory the total sales will be 1190 minus promo/stale serv charge. 190 divided by 1000 = 19%
Each week you take cash sale + settlement ck. divide by your loads to figure your %. I dont carry a note w/ snyders so I dont figure this in.Last yr. my avg. was 16.2%. To all the Lance reps. considering to purchass a rt. If a DM tells you sales for the rt.= 6000/wk and your settlement will be 1140/wk look a little closer and figure 16% on avg. I hope this helps.
19%????No one I know here or in Sc are getting that. Its 18% here on SOH and 17% on partners
Anonymous

Lawrenceville, GA

#252 Apr 17, 2011
crystalball you have it right the whole transition is a negative for Lance employees and Snyders IO's the employees of Lance can stop this now by becoming members of your local Teamsters Union Lance employees have the power to stop this nonsense going on because you are company employees IO's cannot we are independent it only takes one district to become union and you can stop this hostile takeover do not worry about Carl Lee thats why he does not work for Frito-Lay no more
Anonymous

Lawrenceville, GA

#253 Apr 17, 2011
one more thing for Spank in Florida you are not an IO because IO's do not wake up every morning thinking they are in Disney World you owe Bootyman an apology because he is a knowledgeble IO trying to help people here in this forum you on the other hand are a liar because REAL MARINES are trained on the same tradition I was YOU DO NOT BREAK CODE SEMPER FI ASSHOLE
Anonymous

Lawrenceville, GA

#254 Apr 17, 2011
one last thing to add to any investors interested in Snyders- Lance stock be aware that it is company policy to be out of stock on all items that are on sale or sell fast people that order for the wharehouse are clueless and have no idea why we have to tell store managers why we cannot build displays for their stores because we get the product after the sale is over this goes for Snyders and partner brands
Anonymous

Lawrenceville, GA

#255 Apr 17, 2011
To anyone looking to prosper after the transition go to www.carlleesapussy.com
Yaz in Florida

Miami, FL

#256 Apr 18, 2011
kettlekunt, wow, you hold Carl Lee in high regards.
Lance Rep Dayton

Troy, OH

#257 Apr 18, 2011
Any word on when/where the first I/O transitions will happen? Are any Snyder's routes currently being bought back by the company for re-organization?
Kim

Raeford, NC

#258 Apr 18, 2011
Well check this out the week of 4/6/11 my order was .for 5148 I sold 5238. After rout payment, stales and proc fee I was 89 dollars in the red. Now how in the world is that 19% when you should be payed comm on any amoount that you sell not on what you were over your order

Since: Apr 11

Location hidden

#260 Apr 18, 2011
you should have an extra 900 in your inventory that is allready payed for. Back off on your ordering this week and only buy 3500.If you sell the same amount of 5300 your next settlement should be around 1600.I hope. GOOD LUCK.START THROWING STALES IN THE CARDBOARD COMPACTOR :] just kiddin ????
Kim wrote:
Well check this out the week of 4/6/11 my order was .for 5148 I sold 5238. After rout payment, stales and proc fee I was 89 dollars in the red. Now how in the world is that 19% when you should be payed comm on any amoount that you sell not on what you were over your order
Yaz in Florida

Miami, FL

#261 Apr 18, 2011
Kim wrote:
Well check this out the week of 4/6/11 my order was .for 5148 I sold 5238. After rout payment, stales and proc fee I was 89 dollars in the red. Now how in the world is that 19% when you should be payed comm on any amoount that you sell not on what you were over your order
You are totally clueless. You need to get out tomorrow if you can.
You clearly do not understand what you are doing.
nibbler

Union, KY

#262 Apr 18, 2011
Does anyone here sell Jays chips? i was wondering how they sell?

Since: Apr 11

Location hidden

#263 Apr 18, 2011
jays sco-sco and cheddar/ org./pitt bbq---[hot stuff , hot corn chips and sour dill in da hood dawg] sell good ever since frito went to 1.29 bag thanks frito
nibbler wrote:
Does anyone here sell Jays chips? i was wondering how they sell?

Since: Apr 11

Location hidden

#264 Apr 18, 2011
99c jays

Since: Apr 11

Location hidden

#265 Apr 18, 2011
yes i do and they don't sell good! the cheese wheels sell good though! the rest does not, at least in Columbus, Ohio
nibbler

Union, KY

#266 Apr 18, 2011
they don't sell for me either. the new salt and pepper pieces don't sell worth a crap!

Since: Apr 11

Location hidden

#267 Apr 18, 2011
I hope to add additional racks in c-stores and sell both Lance products and jays , but if not jays will be out and lance products in.Their c-store line is so much better w/ alot more variety.jays 99c line still does ok for me and it usually takes all 8 wks. to move em but I rarely lose. IF YOU ARE LOSIN $$ GET THE HELL OUT OF THAT STORE!

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