£40m sales rise at Nisa
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Scunthorpe-headquartered Nisa has reported a £40m sale increase in the last 12 months.
The firm, which was bought by Co-Op last May for £127m, said the rise was due to its “greatest availability rates since 2014” – with an average of almost 98% so far this year.
Operations director at Nisa, Jon Stowe, said: “We have taken a very proactive approach with our suppliers in terms of forward planning, better understanding their constraints and working together to maximise supply.
“If we take the first six months of this year versus the same period last year, we have seen noticeable uplift within beers, wines and spirits at +5% and +4% in grocery availability.”
Nisa said that investment had been made in supply chain systems to make data more accurate and intuitive and a small, specialised team of supply planners had been established to maximise the sales out of Nisa’s warehouses to ensure that wherever possible, all stock ordered by retailers gets to their shelves.
Stowe added: “We are working closely with colleagues at the Co-op in Manchester to share best practice and with availability now at its highest level since 2014, we are giving partners maximum confidence that if they order from us the products they want will soon be on their store shelf.”