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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: SirWalterRalegh who wrote (174412)7/22/2006 6:08:59 PM
From: John Carragher  Respond to of 794206
 
wal mart used to dictate terms , price etc to suppliers. they had not back room to handle incoming calls from vendors concerning invoice errors, collection, pricing etc. they refused to take calls and told vendors to fix any problems within as it was in the price. they didn't want to hear about shortages etc. from a supplier point of view as accounting, customer service and credit they were just awful. from a marketing point of view who were not appraised on profit rather volume in those days they were a dream. we shipped truck on truck load , i doubt we ever made a penney.



To: SirWalterRalegh who wrote (174412)7/22/2006 6:09:24 PM
From: LindyBill  Respond to of 794206
 

It appears the Wal Mart would not allow Weir to make a reasonable profit or for that matter any profit at all


Wal Mart pushes you to go overseas to cut labor and price. When the Auto business was known as "The Big Three" their venders were audited and told what price they would be paid if they wanted to do business with them. But Wal Mart has taken this approach to a new high.

I will say it works for the customer. I needed a box of band aides this week and paid $1.08 for a box of 60.



To: SirWalterRalegh who wrote (174412)7/22/2006 6:16:03 PM
From: D. Long  Read Replies (2) | Respond to of 794206
 
It would appear that Weir had a superior bargaining position

Yes - existing distributors that accounted for 80% of his sales. He didn't need Wal Mart.

Derek



To: SirWalterRalegh who wrote (174412)7/24/2006 9:26:22 AM
From: Oral Roberts  Respond to of 794206
 
You'll never go broke charging too much IMO. Well I suppose you can totally price yourself out of the market, but you know what I mean. Doesn't make any sense to do something just for the exercise and that was obviously his thinking. Plus with 80% of his sales coming from non Walmart, he didn't need them at all.