11min chapter

The Art of Quality cover image

Patterns of Quality at Costco with Peter Malizia

The Art of Quality

CHAPTER

Navigating Supplier Relationships in Retail

This chapter explores the complexities of supplier relationship management in the retail sector, highlighting the importance of balancing cost efficiency with strong partnerships. It discusses strategies such as competitive bidding, the role of RFPs, and the dynamics between large and small vendors, culminating in insights from Costco's product selection and private label strategies.

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