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Suppliers struggle with Morrisons’ ‘ridiculous’ discount plan
date:Jul 21, 2012
The supermarket summonedmany of its suppliers to head office briefings on June 18. They were told Morrisons planned to source greater volumes from fewer suppliers, to increase efficiency and improve buying terms.

One supplier confirmed recently that the supermarket demandedridiculoussavings ofhalf a million poundsfrom each of its remaining suppliers.The message was double your investment or get lost, said the supplier, who asked not to be named.

Practical problems

But the retailer is encoun

12/24 11:14