The Financial Times reported last week (print edition, January 29th, 2010) on Wal-Mart’s announcement of a strategic partnership with Li & Fung, a Hong Kong sourcing company. The intent is that Wal-Mart is moving closer to taking more direct control of its supplier relationships, and ultimately, the manufacturing supply resources that feeds its humongous business. [...]
Entries Tagged as 'Wal-Mart'
by Andrew White | February 1, 2010 | 1 Comment
by Andrew White | January 5, 2010 | Comments Off
The Financial Times ran a report yesterday (January 4th) in its USA print edition that highlights how Wal-Mart, the world’s largest retailer, is planning to save money by focusing again on its famous supply chain. This time, consolidated spend is the focus for ever greater leverage over smaller numbers of suppliers; and the removal of [...]