Team Source Attend Socius Network Event
Published on:Dave, Sam, Nyree and Aaron headed to the Belfry Hotel and Conference centre for an industry event focused on supply chain.
Source are part of the Socius Network which is purchasing group run by Mike Revell. Mike has a wealth of experience and contacts in the industry, leveraging them to create access to a plethora of products and brands on behalf of the members.
What Does This Mean For Source Customers?
Source buys direct from manufacturer for most brands we stock. All our key suppliers are direct from manufacturer.
We have the scale to order in meaningful quantities, command a very competitive price (enabling us to offer good value to our customers), however, we sometimes don’t have the volume to purchase directly.
This adds another supplier in the chain and dilutes the profit we make or bumps up the price to both us and customers.
Where Socius comes in with their long list of supplier agreements, Source now have access to a much wider basket of brands at competitive prices.
So if there is a product that a customer needs which isn’t visible on our website, we can reach out to the network to source it.
Sam, Aaron, Jo (Katrin), Dave, Ny, Mark and Steve (Katrin)
The Event
Every two years the Socius Group invites all the members and suppliers to a networking event. Here, the suppliers get an opportunity to showcase some new product ranges, demonstrate innovation and discuss sustainable alternatives.
Once the business is done, hair gets let down and the Mardi Gras theme gets fully underway!