NCBA CLUSA will host a webinar on January 20, from 1 – 2 p.m. EST, presented by its members National Co+op Grocers, a purchasing cooperative comprised of 148 consumer food co-ops nationwide, and CoMetrics, a provider of industry benchmarking and analytics to co-ops and other independent businesses. Click here to register.
To get ahead in today’s economy, businesses of all kinds are using data to their advantage, and cooperatives are no exception. National Co+op Grocers (NCG) is a successful cross-sector example that embraced both its cooperative identity and emerging trends to create a blueprint for lasting success.
In the 1990s, growing consumer interest in natural and organic foods—fueled double-digit growth in the industry—attracted the attention of mainstream manufacturers and retailers. Facing an increasingly competitive marketplace, individual retail food co-ops made the decision to come together and form a national cooperative with the purpose of catapulting the “virtual chain” to a position of prominence. Today, NCG’s members operate more than 200 retail locations across 38 U.S. states, with a combined annual sales of $2 billion. NCG credits the organization’s access to aggregate financial and operating data as one of the keys to benchmarking performance and outpacing its competition.
In this webinar, NCG and longtime partner CoMetrics will explain how they achieved these results and outline ways that your co-op—regardless of sector—can apply these principles.
During this webinar, you’ll learn:
• How to identify the value in data you already have
• How data can be used to negotiate better terms with suppliers and identify other potential cost savings
• How members can use data to inform new decisions
• How to identify and prepare for potential threats to your market share
NCBA CLUSA is offering this webinar free of charge. Register online now!
December 17, 2015