Amazon is poised to unleash a long-feared purge of small suppliers [MSN Money]
Procter & Gamble Company (The) (PG)
Last procter & gamble company (the) earnings: 4/17 07:00 am
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Source: MSN Money
Amazon Is Poised to Unleash a Long-Feared Purge of Small Suppliers © Bloomberg Now a larger, more permant purge is coming that will upd the relationship betwe the world’s largt online retailer and many of its long-time vdors. Load Error In the next few months, bulk orders will dry up for thousands of mostly smaller suppliers, according to three people familiar with the plan. Amazon’s aim is to cut costs and focus wholale purchasing on major brands like Procter & Gamble, Sony and Lego, the people said. That will sure the company has adequate suppli of must-have merchandise and help it compete with the lik of Walmart, Target and Bt Buy. The mom-and-pops that have long relied on Amazon for a steady stream of orders will have to learn a new way of doing busins on the web store. Rather than selling in bulk directly to Amazon, they’ll need to win sal one shopper at a time. It’s one of the biggt shifts in Amazon’s e-commerce strategy since it oped the site to indepdt sellers almost 0 years a
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