The NRI Story Continued
Learning Together
The NRI group is renowned for its bold leadership and intimate knowledge of Australia’s independent reseller sector, which collectively controls 40% of all farm input sales.
To enhance group competitiveness, NRI invites all Shareholders to an exclusive three-day conference, coinciding with the annual general meeting.
Through a blend of business and social activity, these conferences spark networks and collaboration among Shareholders and their partners from all over the country.
World-class speakers share insights on how to manage retail operations more professionally and profitably, reducing commercial risks down the track.
Back home behind the retail counter the learning continues. The group hosts sales and technical training throughout the year and publishes its own independent newsletter, promoting friendship and fraternity while stimulating debate about the challenges ahead.
Tackling issues like business succession, asset protection and collective marketing, NRI is a true partner, helping independents to create and retain wealth.
And be what they want to be. Independent!
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Buying Together
NRI has been remarkably successful at harnessing the collective power of its membership for commercial gain.
In 2005, it was the first independent buying group to succeed with central desk negotiations with the global supply companies, greatly improving buying power and profitability.
Not surprisingly, our Shareholders invariably report significant profit improvements after joining the group. This helps NRI Independents to be more competitive at the farm gate.
Success with collated buying is due to the discipline, confidentiality and professionalism inherent within the NRI group from the outset.
Negotiating on behalf of Shareholders, NRI has trimmed its supplier ranks to those who are genuinely committed in the group’s survival and prosperity.
All Shareholders have well-established relationships with suppliers and are large enough in scale to manage their own accounts and inventory.
That’s why NRI has no warehouse, no inventory and no accounts department.
Changing the rules. Sharing the rewards.
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Growing Together
All NRI Shareholders have equal voting rights in the appointment of board directors who guide the commercial direction of their company.
Board seats are vacated annually via rotation so new directors can be appointed by majority vote, giving Shareholders some valuable control over the company that sustains their livelihoods.
NRI believes in sustaining the lifeblood of rural Australia and building the wealth of regional towns. Not just financial wealth but also spiritual wealth - something that only comes through open dialogue, friendship and working with country people for mutual benefit.
Every day, NRI people are advising farmers on crop and pasture production, animal health and nutrition, seed and fertiliser use – the complete package – all with local knowledge on climatic trends, soil properties and profit expectations.
This willingness to share knowledge and create opportunity is helping NRI and its customers to grow and prosper.
With each new season, more Shareholders join. As their sales and profits grow, more momentum is added to the group’s collective power.
Since 2001, NRI has grown from nine founding Shareholders to more than 60 today.
From little things, big things grow.
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