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Thursday, October 29, 2020

Slotting Fee?

A slotting fee is a payment to supermarkets to by suppliers to get their products on the shelves.

From Patch: (And clearly taken from a PR news release)

University of California Partnership Programs and MetLife Auto & Home, one of the nation's leading personal-lines insurance groups, today (Oct. 27) announced a multicampus program that provides personal auto, homeowners and renters insurance products to faculty, staff, alumni and students on the Davis, Berkeley and San Diego campuses...

UC Partnership Programs, which launched in June 2019, works collectively with the campuses to create dynamic multicampus and systemwide partnerships between business providers and UC campuses. The program is part of the SupplyChain500 Initiative, which aims to transform UC procurement supply chains across the UC system to deliver $500 million in annual benefits in support of the university's mission of teaching, research and public service...

As part of the agreement, and in exchange for various marketing opportunities, MetLife Auto & Home will support staff and student development, multicampus initiatives and research, among other initiatives. The five year, nearly $3 million agreement also includes an opportunity to expand the program to include other interested UC campuses...

Full story at https://patch.com/california/davis/uc-davis-included-metlife-insurance-partnership-benefiting-3-uc-campuses

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