“Co-operation amongst Co-operatives” is one of the 7 key Rochdale Principles and all of our Members have the opportunity to work together in the pursuit of mutually beneficial business outcomes. Collaboration is a key ingredient in achieving enduring success and operating effectively within the co-operative business model.
NZ’s Co-operatives, Mutuals and Societies currently represent approx. one fifth of NZ’s economy based on revenue, employ over 50,000 New Zealanders and serve over 1.4 million New Zealanders as Members. We represent a very large “Co-op Family” that has considerable scale in terms of buying power as well as diversity across a wide range of industries. All Cooperative Business NZ Members have the opportunity to drive greater collaboration within the Family so that mutually beneficial outcomes eventuate.
Here we see 6 key areas for collaboration:
- Purchase of products and / or services from other Co-ops (including mutual and societies) at mutually beneficial terms and conditions.
- Selling of products and / or services to other Co-ops at mutually beneficial terms and conditions.
- Sharing of information so that duplication is avoided, efficiencies improve, costs are reduced and market size/share increases.
- Sharing of resources to complement respective peak and low season volumes, avoid duplication, lower costs etc.
- Combining purchasing requirements with another Member(s) so that Members are able to leverage on increased volumes, lower costs and improve terms and conditions with suppliers.
- Establishing a shared support services function with another Member(s) so that duplication is avoided, admin costs reduce and service delivery improves eg. finance, procurement, supply chain, ICT.
A summary of products and services provided by Cooperative Business NZ’s current Members, as well as existing and possible future collaborative opportunities within the Co-op Family, can be found on the spreadsheet below: