UK electrical buying group, Fegime are working to adapt and support members during the coronavirus pandemic by not invoicing members for any subscriptions for the year 2020-21.
Fegime, with over 120 electrical wholesale locations across the UK and a UK turnover of £450 million, has grown into a multi-national supplier focused organisation that is actively looking for ways to bring added value to its members and suppliers.
Fegime lean on the adage that they are stronger together to keep their member businesses and staff healthy and safe.
“One of the things about a crisis is that it does bring out creativity, ingenuity and collaboration,” says Alan Reynolds CEO of Fegime UK. “We have taken the decision today to advise our members that it is NOT our intention to invoice members for any subscriptions for the year 2020-21. The Group want to offer as much support as possible to its members during this difficult time and show a distinct benefit in being part of the Fegime Group.”
Since joining Fegime in 2014, Reynolds has always tried to show to its members and its preferred suppliers that the group generates value and is not just a buying group.
This year has posed a new and unknown issue, not only for Fegime but for the industry. When the Government announced the lockdown on March 23, many of the construction sites Fegime members supplied came to a swift halt. This would prove challenging for many businesses in all sectors.
The Chairman of Fegime and Managing Director of Rapid Electrical comments, “It was really about coming together, to help drive more support to the membership. Collectively, we have a really strong membership base at Fegime and ensuring that members feel supported was our top priority.”
Fegime has retained a sustained growth in membership over the last six years from across the United Kingdom.
“I would encourage any electrical wholesalers out there who see this release to consider the benefits of joining a buying group such as Fegime and to contact me directly,” adds Reynolds. “The electrical wholesale market is changing with the digital age, and I firmly believe that Fegime has a big future and a role to play. We have the scale, knowledge and resources to be able to continue to grow and I am sure that we will come out of the current situation both stronger and wiser.”