The National Buying Consortium (NBC) has generated more than £9.2m through its warehousing and logistics service in its first year of operations, with monthly revenue rising from 260,000 on launch to almost £1.6m in June.
Launched in July last year, NBC formed out of fellow buying group Confex, with the company explaining that its members were to be given the opportunity to influence the development and management of the group.
Reflecting on their first year, NBC Chairman and sales director at Lansdell Soft Drinks Stuart Lane said, “NBC’s member-owned business model has offered a collaborative and agile approach in what has been an extremely challenging environment. Our forward-thinking, transparent approach has seen growing numbers of market-leading members and suppliers join us and this trend is set to continue.”
NBC member Steve Dussek of D&D Snackfoods, added: “We have benefited from NBC’s ability to help us adjust and adapt during this immensely difficult trading period. Since joining NBC, we have accessed opportunities that we would not have ordinarily. This has been a game changer for our sales and revenue.”