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Letter

John P. Chadder
Sunday 27 December 1992 00:02 GMT
Comments

THE buzz word for 1993 has to be 'frontlog', the opposite of backlog (an arrears of uncompleted work or payment). A frontlog is an accumulation of completed work or products in the hands of the customer prior to agreed delivery date. A frontlog in payments received, rather than four to 12 weeks later, would lead to solvencies not bankruptcies.

John P Chadder, East Sussex

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