Also from David Biernbaum...
DAVID BIERNBAUM & ASSOCIATES
David Biernbaum Web Site:
Very educational for CPG companies! (URL)
January 18, 2010
FROM RETAILWIRE:
Wal-Mart in early January announced a sweeping plan to consolidate its global procurement functions and reduce the use of intermediaries in its global sourcing processes. What do you see as the pros and cons of Wal-Mart's move to centralize sourcing operations and increase direct procurement?
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I have a tremendous amount of confidence in Wal-Mart's plan to consolidate its global procurement functions and reduce the use of intermediaries in its global sourcing processes, and I firmly predict that doing so will result in putting Wal-Mart even further ahead of its competition.