Building technology purchasing cooperative

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The building technology purchasing cooperative (EGT) is a building technology cooperative operating in Switzerland and the Principality of Liechtenstein . It is based in Zurich and is a cooperative within the meaning of Title 29 of the Swiss Code of Obligations .

purpose

The cooperative is a combination of building technology companies from Switzerland and the Principality of Liechtenstein. The main purpose of the building technology purchasing association EGT is to provide its members with the greatest possible advantages when purchasing goods.

history

In the 1950s, there was a shortage of materials in the Swiss building technology industry. For this reason, the building technology purchasing association EGT was founded in 1957. The original idea of ​​the cooperative was that the members would get the material they needed faster. The building technology industry changed later. There was no longer any shortage of materials. The original purpose of the cooperative changed. Today, the focus is on the financial benefits of shopping.

functionality

How EGT works

The way it works is based on factoring. First, the member orders from the affiliated manufacturer / supplier. As usual, the price agreement remains in the sovereignty of the member and the manufacturer / supplier. The product is then delivered by the manufacturer / supplier. The manufacturer / supplier invoices the member's order to the purchasing association. The purchasing cooperative pays this invoice within 8 days. The purchasing cooperative makes a deduction for the reimbursement and the discount. The purchasing cooperative collects the manufacturers / suppliers' invoices and sends them to the members once a week in the form of a so-called collective invoice. Members then have 60 days to pay the collective bill. If you pay within 30 days, you benefit from a 2% discount. The reimbursements are paid once a year. Likewise a possible bonus.

Web links

Individual evidence

  1. ↑ a b Bull market you chiffre d'affaires de 10% | Bâtitech . In: Bâtitech . February 11, 2015 ( batitech.ch [accessed May 15, 2017]).
  2. ↑ Anina Keller, Martina Bieler: suissetec magazine 05/2015. In: www.suissetec.ch. suissetec, December 2015, accessed on January 28, 2017 .
  3. ^ EGT: Expansion of the cooperation with Meier Tobler AG . In: hk building technology . June 2019.
  4. ↑ Purchasing cooperative EGT with positive annual results . In: hk building technology . November 2015.