Exchange Enters Joint Buying Alliance
On Jan. 31, the CEOs for the Exchange, Navy Exchange Service Command, Marine Corps Community Services, Coast Guard Exchange and Defense Commissary Agency signed an MOU to form a purchasing alliance involving retail merchandise and any other items sold by two or more of the organizations.
This alliance is expected to provide greater efficiencies for our collective businesses and added value for authorized exchange and commissary shoppers by allowing military resale to organize, coordinate and facilitate planning, forecasting and replenishment with key vendors; work with allocation and replenishment teams on receipt flow, markdowns and in-stocks; and analyze vendor performance to improve targeted metrics.
The joint buying alliance will share common data and the cost of goods to maximize combined buying power. Key retail areas that will kick off the purchasing alliance include electronics and health and beauty.
Common ownership by the Department of Defense and Department of Homeland Security combined with separate organizational structures allows your exchanges and commissary to compare terms prior to entering into new agreements. This structure ensures military members always receive the best possible price when shopping on a military installation or online.