2014 Toy Fair Credit Meeting Expands Participation

February 25, 2014 | Participation in the Toy Industry Association’s (TIA) 2014 Toy Fair Credit Meeting — an exclusive forum for TIA member manufacturers to gain valuable  trade information and insights — grew significantly this year, marking a 63% increase in attendance over last year.

More than 50 credit, finance and operations professionals from 36 TIA member manufacturing companies came together to share knowledge from across the industry during the day-long event, which was held on February 18, 2014 at the Marriot Marquis Times Square hotel.

The agenda featured professional workshops tailored to assist credit managers overcome daily challenges in the current credit and collection environment, and provide senior finance and operations managers with insights into areas of business beyond credit. The workshops proved extremely popular among participants: attendance for the annual Beyond Credit workshop alone more than doubled in size this year.

The meeting also included a review and discussion of key accounts, as well as presentations from industry experts on a variety of industry issues. Boyd Evert, CEO of Harvest Revenue Group, offered ideas on how to handle post audit claims; Jason Torf, Esq., a partner at Horwood Marcus & Berk, spoke about ways to reduce exposure to a distressed customer; and Dennis Cantalupo, COO at Creditntell.com, presented credit risk analyses for key accounts. 

Attendees were invited to network over lunch with Toys ‘R’ Us guests Bill Jacobs, director of merchandise payables, and Alan Pochter, director of credit allowances and RGD.

“This year’s tremendous turnout underscores the value of TIA’s Toy Fair Credit Meeting, and the outstanding participant engagement made the event a great success,” said Paul Vitale, TIA’s senior vice president of finance and operations. “We expect another high turnout for our upcoming National Summer Credit Conference, which will feature a keynote presentation by Amazon.”

The National Summer Credit Conference will take place August 11-12, 2014 at the Hotel Monaco Alexandria in Alexandria, Virginia. For more information, contact TIA’s Credit Interchange Program Manager Dina Gittings (646.520.4849).

The TIA Credit Interchange is a unique, complimentary credit assessment program that was created more than 20 years ago. The program offers TIA member companies convenient, 24/7 access to an online credit and industry-related customer database, as well as access to regional and national educational meetings and conferences.