ICBA pursues bid opportunities with vendors to provide exceptional pricing on high-volume, everyday commodity products. To achieve exceptional bid pricing, ICBA relies on the aggregated projected purchases of participating stores to negotiate best pricing, often up to 30% below what is typically available in the marketplace.
The SOURCE program is ICBA’s exclusive commitment-based model for purchasing t-shirts, fleece, polo shirts, performance wear, and headwear. Since its inception in 2014, more the 1.8 million garments have been purchased under this program. In 2018, The SOURCE program expanded to include commodity school supply products, including notebooks and binders. A selection team comprised of ICBA Members evaluates vendor bids and product samples. Awarded bids are announced in January; commitments are placed through the end of March for the coming buying season.