An employee purchasing program is a smart buy for your company

Your employees face a challenge and it’s one you may not realize is there, as the warning signs are hard to see. Maybe it’s a request to work overtime, a plea for a raise or a request for a loan from the company. Different instances all stemming from the same source: your employees may be in real financial trouble.

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Posted by David Willett, Category Director, HR Benefits

Tue, Oct, 17, 2017 @ 09:10 AM

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Topics: employee purchasing program options, employee purchasing program is a smart buy, paycheck to paycheck, employees in financial trouble, real-world financial emergency, employee purchasing program

4 reasons to join a GPO

Group purchasing organizations, otherwise known as GPOs, are a market mainstay in many industries, and in a highly competitive market like grocery they can offer some strategic advantages. If your company has heard of a GPO in the past but never actively pursued such a partnership, here are four reasons why joining a GPO will benefit your business.

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Posted by Anthony Hayes, Sr. Sales Development Manager

Wed, Oct, 11, 2017 @ 09:10 AM

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Topics: grocery industry trends, 4 reasons to join a GPO, financial savings, Reduced risk, Expert advice

Optimizing value by sourcing your construction needs

Construction work can be an exciting proposition, particularly if it is new construction. The work can represent a sign of growth, of innovation or your ability to continue to offer the best possible value to your customers. However, construction work can also be an expensive proposition, particularly if you haven’t optimized the process.

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Topics: Optimize value by sourcing your construction needs, save money on construction contracts, working with a contractor, control construction costs, control supplier markups, work with construction suppliers, store renovations, manage your construction projects, new construction sourcing, store construction

What's the key to job retention in the grocery and retail industry?

They say good employees are hard to find, and in the grocery industry, it seems, they are very hard to find, especially when you want to add to your staff or retain existing employees.

As an industry, the grocery business experiences turnover at a rate of 26.8 percent, according to the Bureau of Labor Statistics. At the same time the national average is 18.8 percent.

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Posted by David Willett, Category Director, HR Benefits

Thu, Sep, 28, 2017 @ 13:09 PM

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Topics: employee engagement, employee retention, company culture, the key to job retention, Find good employees, retain your best employees, staff turnover

Think strategically before the roof caves in…literally

Most of the time you don't give your roof a second thought…until that moment when there’s a problem. A hole, a leak, or in severe cases, a peel back of varying levels, and suddenly your roof is your top concern. Are you ready?

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Cut the costs, not the power, of your electrical service

From breakers and outlets to overhead lights, lighting is an essential aspect of your store and one you likely take for granted. After all, isn’t that where the saying, “As easy as turning on a light,” comes from? But in those instances where the lights don’t turn on, suddenly things aren’t so simple.

Whether you’re building a new facility or remodeling a current one, the in-house electrical system cannot be overlooked. It’s your lighting and you need it everywhere — absolutely everywhere.

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Topics: cost cutting techniques, cut your electricity costs, cut the cost of electrical service, smart sourcing for cutting electricity costs, avoid dark grocery aisles

3 strategies for successfully managing supply distributors

No retail operation can survive alone. In order to sell product, you must first receive it, and to do this, you depend on the relationships you have with your distributors. Each distributor presents a unique partnership with its own set of opportunities and challenges, which begs two questions: Are you making the most of the opportunities? Are you minimizing the challenges?

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Topics: work with distributors, find new distributors, Manage distributor relationships, broker good deals, manage distributors, strategic sourcing helps manage distributors

What do new competitors and new business methods mean for your company?

America is known as the land of opportunity, and while we always believed this truism for individual people, history has shown us that it holds a lot of merit for corporations as well.

Every year, companies from overseas establish fledgling footprints in the United States. Like their American counterparts, some fail and disappear quickly, while others succeed and expand their reach, becoming household names in the markets where they exist.

In the retail/grocery space three such companies immediately come to mind: IKEA and Aldi which arrived decades ago, and the newcomer Lidl that will become a major player in the U.S. market starting this year. How big a player? Lidl plans to open 20 stores this summer and 100 by the end of this year. Atlantic coast states like the Carolinas and Virginia are the first target, but Lidl has a demonstrated interest in Texas as well. As its business grows, it’s only natural that it would seek new markets in other parts of the nation.

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Posted by Topco Indirect

Wed, Sep, 06, 2017 @ 09:09 AM

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Topics: competition in grocery, new business methods

Power of auctions brings price of scale labels back to scale

The scale label: to your customers it's an insignificant detail, but to you it’s a vital part of your business. Your scale labels are everywhere. They’re in your deli, on your meat offerings and in your produce section. When the price of paper which creates these scale labels rises, then you have a problem that's anything but insignificant.

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Posted by Stephanie Hughes, Category Manager- Packaging

Tue, Aug, 29, 2017 @ 09:08 AM

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Topics: manage indirect spend, cut costs in indirect spend, scale labels cost, cut costs on scale labels, scale labels, price of paper, online auctions, pwer of auctions

This is why you need to define your indirect spend

As companies seek to improve operations and cut costs, sourcing and procurement are popular targets. Whether you employ a simple procurement strategy of repeat purchasing of goods and services or a complex procurement strategy analyzing spending and finding long-term partnerships, it's important — even critical to analyze your indirect spend.

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Topics: cut costs on indirect spend, indirect procurement, analyzing indirect spend, cut costs on products and services, define your indirect spend