Once
a company in the concrete products industry expresses
interest in becoming a member of our buying cooperative,
we fully explain how our business model operates. The
prospective member commits to a simple CPC Member Agreement.
This Agreement defines the responsibilities of each party.
Our
fee is based on a small percentage of the member's supplier
spend that is managed through CPC.
We
establish supply agreements with best-in-breed suppliers
in our industry to leverage the combined requirement from
all members who agree to participate in each supply agreement.
Once a member and supplier agree to do business under
the terms of our Supplier Agreement, the member equally
enjoys the commercial benefits provided all members. The
member must agree to comply with the terms of the Agreement
and ensure that promised business is actually placed with
the supplier.
Buy-sell
transactions are handled directly between our member and
the supplier under the commercial umbrella of our Supply
Agreement. Price points typically decline over 10%. Progressive
cash rebates are provided by suppliers on a quarterly
basis based upon the combined volume placed with that
supply by all participating members.
CPC
charges a small fee based upon a percentage of the member's
spend with each supplier that is managed by CPC. Rebates
are managed by CPC and fully documented to each member.
We typically collect our fee from the rebates and provide
the balance to our members.
CPC
guarantees that cost reductions resulting from participating
in our Supply Agreements will be greater than twice the
fee for our services. There are no up-front fees for joining
our cooperative - we just insist on a sincere commitment
to meet all responsibilities as outlined in the Member
Agreement. We operate to the highest level of ethical
business standards and maintain absolute credibility with
both members and suppliers to conduct all business in
a fair and ethical manner.