Here's how Walmart cleverly extracts margin from its vendors: 1. They give you a giant order 2. You build high fixed cost infrastructure to support the volume 3. They tell you to reduce price or fuck off 4. You reduce price or take big losses on investment to support their scale
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Replying to @Molson_Hart @retail_risk
The giant order wouldn’t state the price?
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How long is the typical cycle on a retail product order?
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Replying to @RichardKeppler1 @serge_88 and
Varies by product, but in most hard goods for walmart, last I checked it was 12-15 months
8:10 AM - 12 Apr 2019
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