Rebate management blog - Page 19 - Enable

We learn about collaboration from an early age. As children we quickly learn that we need to collaborate with teachers, classmates and team players in order to be successful. "There's no 'i' in 'team' is a common mantra in sports and work teams. And "supply chain collaboration" has been a hot topic for decades. Despite that, there are very few systems that enable wholesale distribution companies and their suppliers in the building materials industry to truly collaborate on their trade agreement...Continue reading

Rebate Management refers to the management of discount claims that are based on volumes of purchases over time. To some companies, that rebate is treated as a bonus. But to others, rebates form a significant proportion of their revenue and for these companies accurate management is absolutely essential. What is a rebate? Rebates were “invented” as a way of driving sales growth without simply reducing the contract price. By agreeing retrospective financial incentives based on actual sales, both...Continue reading

We have witnessed a huge volume of merger and aquisition activity over the years, there were 1,560 recorded deals in 2018 valied at 182.6 bbillion compared to a whopping 6500 mergers and acquisitions were completed in the UK in 2015 with a total value of £433bn. Fast forward to today and merger and aquisition deals have totalled $42.9bn (£35bn), down 69 per cent on the same time last year, according to data from Refinitiv. But despite the large drop in value, the number of deals has fallen only...Continue reading

SPAs (Special Pricing Agreements) are a common vendor program in many industry sectors. The program gives a special product discount for verified sales to an ultra-competitive event where in-stock discounts can’t secure the order. Special pricing agreements trace their roots back to the 1970’s but have shown significant growth in the past decade. As B2B e-commerce now counts for an estimated 15% of all orders and grows at 8% per year, special pricing agreements have grown significantly as price...Continue reading

Over the past 18 years, Enable has forged strong relationships with some of the finest universities, bringing in the brightest students that they have to offer — with 79% of our analysts and developers graduating from one of the top 25 featured in the Times 2018 UK rankings.

We are particularly focused on recruiting on high achievers in numerate subjects, with 66% of our employees holding an undergraduate degree in either Maths or Science, and 41% attaining a Masters or PhD in their chosen field of study. This provides us with exceptional employees who not only possess outstanding technical skills, but also the ability to translate that knowledge into highly effective business solutions.

Careers fairs provide an excellent opportunity for us to engage and network face-to-face with students, whist giving them a real insight into our company and culture. We regularly attend these events and have formed close ties to the University of Warwick and the University of Birmingham.

These events generally only last a few hours, so it’s important to get the most out of your opportunity to speak with one of our representatives. With that in mind, let’s dive in to our top five tips that will help you stand out from the crowd and make a strong impression with Enable on the day.

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Vendor monies that support reseller sales are big business. US-based research conducted in October 2018 estimates that, at top performance levels, distributors, dealers, and retailers use $600+ Billion (USD) in vendor funds. Projections from the EU find that approximately €500 Billion (EU) in vendor funds are similarly spent. These funds are found as four primary types including: SPAs — Special Pricing Agreements used by sales to compete with a competitor’s special pricing to a customer MDF --...Continue reading

SIG is a leading European provider of specialist building materials, with close to £3bn of annual revenues and around 9,000 employees across the UK, Ireland and Mainland Europe. As a specialist distributor, SIG plays a critical role in the construction supply chain, bringing value to its customer base across major European markets. SIG enjoys strong partnerships with many of the world’s leading producers of building materials. It has purchasing arrangements with many suppliers, which include a...Continue reading

Following another successful year, Enable is proud and excited to announce details of our new office — Unit 15. The newly refurbished office is fully air-conditioned, and all employees are provided with high specification Apple Macs with dual monitors and Herman Miller Aeron chairs.

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