How can I reduce business costs by joining a buying group?
How can I reduce business costs by joining a buying group?
04 May 2020
A priority of any business is to make a profit. During uncertain times, this can be a concern and put unnecessary stress on you as a business owner.At AF, we buy smart, aiming to reduce costs and support margins for your business.Here’s how:
Buying Power
AF are the largest agricultural buying group in the UK, with 3000 members and growing. This means, that we can achieve preferential rates with our supplier base, something not available to the public.
Market Insights
Our buying floor team are industry and product experts in their field. The have unique access to market information and commodity pricing, allowing us to leverage advantage for our members.Combining industry knowledge with market intelligence, we can help you to make the best, informed decisions for your business.
Planned Purchasing
We recognise that every business is different. This is why, at AF, we work with you to understand your individual business needs. Using these individual requirements allows us to work closely with our key suppliers to help members purchase strategically. For example, we can utilise ‘forward fixing’, meaning you can guarantee the best price over period time, in volatile markets such as fuel.Not only that, we can help members manage cash flow by offering deferred payment.
Supplier relationships
AF has been established since 2003 and we’ve been working with some of our suppliers ever since. Working with over 1,000 supplier partners, we negotiate on your behalf to ensure the products you need are available at prices which benefit your business. As well as saving you money, we save you time which would be spent getting quotes from several suppliers by doing that for you. That way, you can focus on your business.
Rebates
Working collaboratively with our suppliers supports all those connected with our business. Our relationships with suppliers and the quantity of spend has enabled us to return £1.6 million back to our members in rebates last financial year.
At AF, we believe that the agricultural industry is stronger when it unites. We are better together.If you’re interested in joining the UK’s largest agricultural buying group, please visit our membership page.
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