DIY TN NOv2013 November 2013 | Page 40

DIY Trade News November 2013 40 NEWS SPOTLIGHT COMPANY PROFILE FEATURE SPORT higher rebates for certain retailers. But he cautions “The trend overseas now, is for suppliers to lower what their margins can sustain before agreeing to a their prices and the only way they can sharpen particular rebate. “Buyers and the trade negotiators their pencils on invoice price is to renegotiate their need to be provided with information to make Planer/Thicknesser harder, consumers are demanding cheaper prices. that it is important for suppliers to carefully work out rebates,” he says. an educated decision as to what they should be Like Weeden and Pieters, van Zyl emphasises that it’s not only large retailers who push the brand or strategy you are going into in the market envelope when it comes to rebates negotiations, with, you’ll understand and most adopt a give-and-take approach. “But how far you can take price negotiations. If you over the past eight years I have definitely seen have a counterpart who is likeminded, you can an upward trend towards some groups dictating have an open discussion and work through it,” rebate percentages without regard for what can be he says. HT 850 asking for. As a manufacturer, depending on which sustained,” he notes. “I have come across buyers that shoot for a Rob Lister, National Marketing Manager of Build number because it sounds good, but can the • Combination planer / thicknesser provides a 2-in-1 machine to maximise work space • Powerful 1.25kW Motor provides various cutting applications • Compact bench top design fits conveniently in small shop environments • Two high speed 210mm steel knives for precise, smooth cuts • Precision machined table top ensures a smooth, straight cut • Four metal wing feet ensures the machine will remain stable whilst planing longer timber sections • Precision adjustment knobs • Compact design Universal Combi Machine HK 600 it, points to the importance of transparency and manufacturer afford it? Decisions should not be consistency when it comes to suppliers negotiating made either out of greed or fear; if a discussion is rebates with retailers. “Suppliers need to be designed to benefit both parties, then it is entirely consistent and some of them aren’t. It doesn’t possible to structure a good trade agreement,” serve them to go in and out of the system; it would says Weeden. be far better if they were completely transparent. Carike Pieters, Key Account Manager for “We have a peer system in place to protect ourselves against unreasonable demands, whereby we expect higher sales in return for higher rebates. Most of our retailers are loyal and don’t expect extravagant rebates; for our part, we don’t set unreasonable targets. Most of our retailers are open to this concept.” Eben van Zyl, General Manager at Castor & Ladder, comments: performance, not relationship,” “Looking at the global tading environment, there will always be a place for rebates. It is there to protect margin and back office staff” – Eben van Zyl Castor & Ladder “Looking at the global • A robust and accurate machine, designed for both workshop and site use. • Features a circular saw, shaper/router, planer & thicknesser, mortising attachment and a sawing and tenoning. • 1.0 kW motor • Weight net / gross: 44 / 47kg • Overall dimensions: 840 x 635 x 475mm Rebates should be offered depending on Distribution at Sika, agrees; he adds. He readily agrees that it is fair to relate the size of the rebate to business volumes. Build it’s approach is to make rebates dependent on gross targets that are set and negotiated with each individual supplier on an annual basis. “But when it comes to rebate negotiations, we have an even more onerous task than a corporate in dealing with a manufacturer because each retailer is a separate legal entity and is free to buy outside of the Build it system. We have to deal on behalf of the retailers, trading environment, there will always be a place but we don’t have the guarantee that they will buy. for rebates. It is there to protect margin and back And they only buy through our system if the landed office staff,” he says, adding, “As a businessman I cost prices are right,” he explains. understand where they are coming from, because “When they don’t buy through us though, it is a way of protecting margins. If they don’t ask and continue to buy from suppliers outside for rebates, and they allow the invoice price to go the system, they impact negatively on the through to their traders, that margin could be lost in group performance, which then ultimately the form of discounts offered to customers.” undermines the ability of the group to give more However, he referred to a perception held by back to the retailers. Our smaller retailers enjoy some suppliers, in particular the smaller ones, that Email: [email protected] Websites - www.newcopowertools.co.za buying power of some of the bigger stores, so buying power to ‘put the squeeze’ on suppliers, Tel: 011 315 1504 the upfront landed cost based on the huge some of the bigger retailers are using their size and from day one they enjoy the benefits of the and are abusing a system that is meant to assist collective group and the landed cost is the both parties to make a fair profit. same to everyone,” he says. “In my view, rebates in the mid- to high-teens The advantage for suppliers to enter rebate can be difficult to justify,” says van Zyl. “Retailers relationships with groups is that the head office must remember that rebates are a real cost and guarantees payment. Thus a supplier can deal with they have to be built into the invoice price.” all the stores, but a single invoice can be raised to As the international economic crunch bites collect their money from a number of stores.