National Buying Group (NBG) has become the first buying group to update its online Hub to Version 3.
The NBG Hub, which also houses NBG’s Product Information Management (PIM) system, is an online platform developed by eBiz for Partners and Suppliers of NBG. It allows users to access accurate, up-to-date information on products, price changes and promotions.
As the latest of several updates since the application launched in 2021, Hub V3 makes critical pricing and product information more prominent, making the data and insights it carries easier for independent merchants to use to strengthen their businesses. With price files managed by NBG, Partners using the platform benefit from greater data accuracy and scope for automation.
The Hub’s new ‘analyse pricing’ function supports informed decision-making by allowing NBG’s deal negotiators to review price changes comprehensively. This feature highlights average price variations and provides detailed line-by-line analysis, ensuring that prices align with expectations and agreements.
As a result of an underlying technological change, the latest version of the Hub also features a cleaner interface for easier interaction.
Speaking about the update, Les Boyle, Head of Technology and Systems at NBG, said: “Thanks to our collaboration with eBiz, we’ve become the first Buying Group to transition from V2 to V3 of the Hub. This technological advancement is set to provide our Partners with a significant competitive edge.
“The enhanced reporting capabilities and interactive turnover management process within the Hub ensure accuracy and confidence when submitting RfP (Requests for Payment) at the end of rebate periods.”
“Our team processes an average of 205,000 product updates per month, totalling 2.4 million updates over the past year. This level of automation significantly reduces the risk of errors and enhances the efficiency of managing pricing changes and product updates, which is a significant gain for all Partners.”
Looking ahead, NBG’s Hub V3 will offer greater flexibility for integration with other systems, enabling Partners’ pricing systems to update automatically without manual intervention.
