CO-OPERATING USING TECHNOLOGY...PowerPoint Presentation Author Leoni Merrifield Created Date 3/13/2018 1:13:52 PM

CO-OPERATING USING TECHNOLOGY

STEVE GILL, CEO & CTO of VME

#CoopConference17

RETAIL CONFERENCE 2018 #CoopRetail


3 topics

• Reducing every co-ops’ costs

• Growing the co-op market share using technology

• Biggest game changer in co-ops in generations


RETAIL CONFERENCE 2018

“ What you are trying to achieve is essential to the survival of the Co-op movement, especially the independent sector. ” ANDY RICHARDSON, DEPUTE CEO - TAMWORTH CO-OP #CoopRetail



VME Customers in 2018

RETAIL CONFERENCE 2018 #CoopRetail Sc

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Running some VME software

Full VME customers

Not a VME customer (yet!)


Co-op Europe Conference April 2017


RETAIL CONFERENCE 2018 #CoopConference18

John Brodie

#CoopRetail RETAIL CONFERENCE 2018

Ben Reid

Reduce every co-ops’ costs


TOPIC 1 OF 3

The Problem

• National Living Wage

• Co-ops paying over the odds for technology

• Lack of buying group for technology

• Independent Co-ops wasting £100,000s doing the same admin tasks



Mission critical systems are the veins

carrying your co-op’s turnover.


If your mission critical systems stop

If your mission critical systems stop, the business stops.


The richest 1% bagged 82% of

wealth generated last year.

The poorest 50% got nothing.


Current Suppliers to the UK Co-ops

• NCR

• Symphony Retail

• Celtech

• PCMS

• VME

• InControl


InControl

• Great idea…but

• Every co-op runs a different version

• Owner’s purpose is not to write software – that’s an add on

• Future unclear


Is there an answer?

YES RETAIL CONFERENCE 2018 #CoopRetail

What if this money was being spent with a

software co-op that’s core purpose is mission critical systems?

• Something with values you share

• Co-operative Principle 6

• Keeps the money within the co-op movement

• A co-op whose sole purpose is to provide you with the best possible

tech to run your grocery business


The richest 1% bagged 82% of

wealth generated last year.

The poorest 50% got nothing.


What we need from this software co-op

• Sole purpose is to provide software

• Independent of all other co-ops; they are equal members regardless of co-op size

• Single version of software for all customers

• Fair price for all co-ops, large or small

• Software that is always kept up to date

• Software that is open; APIs


Technology buying group.



Sole purpose is to provide software

Independent of all other co-ops; they are equal members regardless of co-op size

Single version of software for all customers

Fair price for all co-ops, large or small

Software that is always kept up to date

Software that is open; APIs

Reduce every co-ops’ costs


TOPIC 1 OF 3

If we all use VME Co-op, we all benefit from reduced costs

without giving up our independence.

Grow co-op market share using technology


TOPIC 2 OF 3

Amazon is coming.


Its easier to open a symbol

store than a new grocery co-op.





Independent Co-ops

interest in FRTS Link


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Agreement in principle

Existing customer

Interest expressed or in discussions




Make it easy for local

suppliers to get their

products into local co-op

stores.





Self Checkout


Mobile Scanning


Deep Learning





Grow co-op market share using technology


TOPIC 2 OF 3

Every co-op using VME Co-op benefits from access to the latest

technology at an affordable price, so the movement can start

competing with the multiples.

Co-ops are now in control of their own destiny, without being held

back by technology suppliers.

Biggest game changer in Co-ops

for generations


TOPIC 3 OF 3

A

B


Take the UK’s successful model into Europe

“Principle 6 is alive and

well in Europe”


– Colin MacLeod, CEO

Channel Islands Co-op



Support from the

Maltese Prime Minister


Silicon Valley style co-op startup hub in Malta


Repeat co-op startup hubs across Europe


TAM: $


8 billion

10,000 Satellites are being launched offering high speed internet across the globe.


Target: Africa



Biggest game changer in co-ops for generations


TOPIC 3 OF 3

By VME converting into a solidarity co-op, we are the catalyst

for others to follow.

We intend to make it easy for tech founders and

entrepreneurs to start their new software business as a co-op.


“ What you are trying to achieve is essential to the survival of the Co-op movement, especially the independent sector. ” ANDY RICHARDSON, DEPUTE CEO - TAMWORTH CO-OP

Reduce every co-op’s costs


TOPIC 1 OF 3

If we all use VME Co-op, we all benefit from reduced costs

without giving up our independence.

Grow co-op marketshare using technology


TOPIC 2 OF 3

Every co-op using VME Co-op benefits from access to the latest

technology at an affordable price, so the movement can start

competing with the multiples.

Co-ops are now in control of their own destiny, without being held

back by technology suppliers.

Biggest game changer in co-ops for generations


TOPIC 3 OF 3

By VME converting into a solidarity co-op, we are the catalyst

for others to follow.

We intend to make it easy for tech founders and

entrepreneurs to start their new software business as a co-op.


“ Everybody talks about

the weather, but nobody

does anything about it.. ” MARK TWAIN


“ The ones who are crazy enough to think they can change the world, are the ones who do ” STEVE JOBS

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CO-OPERATING USING TECHNOLOGY...PowerPoint Presentation Author Leoni Merrifield Created Date 3/13/2018 1:13:52 PM