Aldi has committed to fast-tracking payments to up to 200 Irish suppliers to ensure they get paid within five days.
The new terms will apply to all suppliers that transact up to €1m worth of business annually. They will remain in place for the duration of the COVID-19 crisis.
Aldi Ireland’s group buying director John Curtin said: “Over the last few weeks, our suppliers have experienced unprecedented difficult circumstances. Their teams have worked around the clock to provide the products to keep our shelves stocked for customers and we want to help them in return."
ADVERTISEMENT
Cashflow
Curtin said the faster payments would greatly assist with suppliers’ cashflow requirements and, in turn, help them pay farmers and suppliers along the chain on time.
“This is a hugely difficult time for Irish business and the food sector and we need to keep supporting each other in any way we can,” he said.
Aldi expects to sell over €750m worth of goods sourced from Irish producers, manufacturers and suppliers across the country in 2020.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Aldi has committed to fast-tracking payments to up to 200 Irish suppliers to ensure they get paid within five days.
The new terms will apply to all suppliers that transact up to €1m worth of business annually. They will remain in place for the duration of the COVID-19 crisis.
Aldi Ireland’s group buying director John Curtin said: “Over the last few weeks, our suppliers have experienced unprecedented difficult circumstances. Their teams have worked around the clock to provide the products to keep our shelves stocked for customers and we want to help them in return."
Cashflow
Curtin said the faster payments would greatly assist with suppliers’ cashflow requirements and, in turn, help them pay farmers and suppliers along the chain on time.
“This is a hugely difficult time for Irish business and the food sector and we need to keep supporting each other in any way we can,” he said.
Aldi expects to sell over €750m worth of goods sourced from Irish producers, manufacturers and suppliers across the country in 2020.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS