Kerry Agribusiness, a division of Kerry Group PLC, has become the latest member of the independent merchant buying group, Allied Merchants Buying Association (AMBA).
Formed in 2011, AMBA has gathered 118 outlets with a combined buying power of €400 million across 20 members.
The group works to enhance member’s businesses through the development and deployment of coordinated negotiation and structured purchasing of products sold within their businesses.
The group works not only with members, but to enable both members and their approved suppliers to ‘achieve incomparable results by utilising the strength of its members and quality of their stores’.
This, AMBA said, can increase the affordability and availability of products for members, and for their supplier partners, they build volume and market share.
Kerry Agribusiness, which has 3,200 milk suppliers and 32 farm stores throughout the South West of Ireland, said that it recognises the value of being an AMBA member.
“As an organisation, they are committed to running a lean yet highly effective organisation and doing so solidifies their legitimacy as a business that exists not for the purpose of profit, but with the sole goal of strengthening members,” John Collins, Operations Manager of Kerry Agribusiness, said.
“We are now working together with like-minded people with a core focus on growing our competitive position and improving product offerings and efficiencies for the betterment of our members and customers.”
Keith Giblin, CEO of Allied Merchants Buying Association, added that Kerry Agribusiness will “compliment” his firm’s growing member network and “validates the strategic direction and strength of Allied Merchants Buying Association”.
“Kerry Agribusiness share our vision and objectives and we look forward to working together to strengthen our purchasing agreements and grow our turnover and market share with approved suppliers,” he said.
© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click sign-up to subscribe to Checkout.