Walmart takes strategic sourcing to a global level.\u00c2\u00a0 This was inevitable as the company became more global.\u00c2\u00a0 One of it’s biggest strengths is its size and as it grows, so too will its advantages:<\/p>\n
Mr Castro-Wright has estimated that shifting to direct purchasing could reduce costs by 5-15 per cent across the supply chain within five years \u00e2\u20ac\u201c suggesting potential savings of $4bn-$12bn if the retailer were to meet its long-term goal of shifting to sourcing about 80 per cent of purchases directly.<\/p>\n
via FT.com \/ Companies \/ Retail – Walmart aims to cut supply chain cost<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Walmart takes strategic sourcing to a global level.\u00c2\u00a0 This was inevitable as the company became more global.\u00c2\u00a0 One of it’s biggest strengths is its size and as it grows, so too will its advantages: Mr Castro-Wright has estimated that shifting to direct purchasing could reduce costs by 5-15 per cent across the supply chain within … Continue reading Walmart starts muscling suppliers at a global level<\/span>