We appreciate and communicate your contributions.
One of the cornerstones of the high level of engagement that IDI’s approved vendors enjoy within the cooperative is the sophisticated reporting that IDI provides to its shareholders. This allows them to visualize, and build on, the actual value of the benefits they receive from IDI throughout the year.
IDI’s Rebate Tracker is an excellent example of such reporting. Located in the protected area of the IDI website, each shareholder’s personalized Rebate Tracker shows:
Rebate Tracker is updated on a monthly basis, with plans in place to begin providing updates in “real time”, based on each shareholder’s most recent purchase from each IDI vendor.
Rebate Tracker is a vital reporting tool not only for IDI shareholders and vendors, but also for the IDI office, as it highlights opportunities for the shareholders to take advantage of IDI-orchestrated year-end buys that will help the co-operative grow their purchases with select vendors.
But, as we have emphasized already, rebates are not IDI’s only value proposition for our
shareholders – far from it! And that is where the IDI Value Card comes into play. Created in 2008, the IDI Value Card enables us to quantify the annual value each shareholder receives from IDI, based on their individual participation in our programs and initiatives.
Along with viewing their final rebates earned, members also see the tangible value derived from IDI in such areas as their DC purchases, purchases from other members, National Account contracts, IDI Connects compliance, Central Pay discounts, etc. – a total of 12 different areas that comprise the composite value that IDI provides to their business!
Shareholders also receive the aggregate Value Card for the entire group in order to benchmark their own Value Card’s results to discover areas they are not taking advantage of in the IDI network. At the beginning of each year, IDI shareholders review their previous year’s Value Card results, and make plans to work with certain IDI vendors to build their value from IDI in the upcoming year.