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Member Benefits
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What Does Membership of Leading Edge Group mean?
Membership of the Leading Edge Group provides independent small businesses with
a broad range of benefits normally associated with larger companies and corporations,
all of which have the capacity to significantly improve the day to day operation
of your business, whilst you still retain control.
THE BRAND!
Leading Edge is immediately associated with quality Entertainment, Lifestyle, Technology
and Jewellery.
STAY IN CONTROL OF YOUR BUSINESS
Leading Edge provides significant advantages in the areas of buying, cost of doing
business, marketing, advertising and training. You retain control of your business,
and all key business decisions.
COMPETE ON A LEVEL PLAYING FIELD WITH THE MAJORS
Leading Edge, through its collaborative buying, allows its Members to buy like a
major retailer, yet still retain control over their buying.
INCREASED SALES
Through a comprehensive group marketing program, the increased promotional profile
of Members delivers measurable increases in sales. Using professional artwork and production facilities, Leading Edge delivers marketing campaigns on a local
and individualised basis at a fraction of the comparative (often prohibitive) cost
of individual business initiatives.
INCREASED MARGINS
Using the buying advantage of aggregated volumes and the increased opportunity and
cost benefits that Leading Edge presents to its network of suppliers, we are able
to attract ongoing preferential buying advantages in addition to exceptional special
offers.
IMPROVED PROFITABILITY
Every business faces significant ongoing operating costs, which can have a huge
impact on the bottom line. Leading Edge is able to assist Members improve their
profitability by reducing these costs through access to a wide range of “non-trade”
benefits.
IMPROVED MANAGEMENT SKILLS
By coordinating forums with fellow Members on a regular basis, via national and
state conferences, we create the opportunity for group workshops on management issues,
providing industry information, conducting comparative benchmarking and to convene
open forums, delivering the advantages of big business management techniques to
small businesses.
IMPROVED FUNDING
Leading Edge provides Members with improved funding through central credit, whereby
we are able to extend attractive terms of trade, net 30 days from statement, for
all purchases made by our Members, and providing credit limits that in many cases
are otherwise unobtainable.
IMPROVED PRODUCTIVITY
Reducing the number of creditor payments by consolidating all centrally-billed purchases
into one payment results in a significant reduction in business administration for
Members.
REDUCED ISOLATION
Upon becoming a Member of Leading Edge, you're connected to a network of stores
and a National Support Office that can provide ease of contact with Suppliers and
other Members. This facilitates constant and timely information flow, stock swapping
and the sharing of ideas through the Leading Edge Intranet.
YOU'RE NOT ON YOUR OWN ANYMORE
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Supplier Benefits
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Why do Suppliers want to do business with Leading Edge Group?
Suppliers who choose to participate in the Leading Edge supplier program reap the
benefits of increasing sales to a customer base that they may otherwise find difficult
to access, reducing the costs associated with these sales.
MARKET YOUR BRAND/PRODUCTS NATIONALLY
Leading Edge produce and distribute, through their Members, over 20 million catalogues
per year into Australian Households. Many of the Leading Edge businesses also support
their catalogues with TV, Radio and Press advertising.
"If you haven't gone Leading Edge, you haven't gone National"
With over 1300 stores all around Australia, Leading Edge can help successfully market
your brand and your product. Our sales across the stores speak for themselves.
CENTRAL CREDIT
Leading Edge’s central credit facility offers suppliers outstanding advantages in
terms of trading convenience and direct cost savings, providing one central point
for debtors control and allowing continuous selling/promotional accessibility to
all Members.
In exchange for a special settlement discount, suppliers are able to access the
following
benefits central credit can offer:
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Increased sales performance
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Reduced administration costs
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Centralised debt collection – one payment per month
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Centralised account reconciliation
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MANAGED ACCESS TO CUSTOMERS
Managing key aspects of supplier relationships with customers through regular and
effective communications, assuming the burden of resources and cost usually borne
by the supplier.
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Central Credit
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The process offers otherwise unattainable benefits:
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Attracts supplier initiatives in the form of special buys.
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Reduces the number of creditor payments by Members by consolidating all centrally
billed purchases into one payment.
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Achieves consistent terms of trade (net 30 days from statement) for all Central
Credit purchases.
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Provides credit limits that in many cases are otherwise unobtainable.
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Secures access to a wider range of brands and key stock lines.
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HOW THE CENTRAL CREDIT PROCESS WORKS
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Leading Edge first establishes a central credit account with participating suppliers.
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Members complete a central credit account form to establish credit account with
Leading Edge.
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Leading Edge establishes the Member account, and allocates the Member with a number
and appropriate credit limit.
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Members are then free to continue (if already a customer) or commence to order goods
and services directly from suppliers.
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Suppliers deliver the goods directly to the Member in accordance with standard delivery
instructions, including a copy of the invoice or packing slip.
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Suppliers then forward collective copies of invoices for Member purchases to Leading
Edge for payment.
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Leading Edge then pays participating suppliers for the collective Member purchases.
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Leading Edge then invoices and collects a single payment from each Member for their
combined purchases made through the Central Credit facility.
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© 2009 Leading Edge Group Ltd. All rights reserved.
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