SUPPLY CHAIN COLLABORATION WILL CUT RETAIL COSTS, FINDS BIBBY-LED PANEL AT INTERNATIONAL FESTIVAL OF BUSINESS
24 June 2014Retailers could cut their costs by as much as 20 per cent by closely collaborating with suppliers and 3PLs, a Bibby-led panel at the International Festival of Business has found. In an event attended by the leading lights of the retail supply chain, Darcy Willson-Rymer, CEO of Bibby Line Group company Costcutter, said working with wholesaler Palmer and Harvey on shared projects had dramatically cut supply chain costs. Willson-Rymer said: “By collaborating together through a shared user network we have lowered costs, which helps boost the profit margins of our independent