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WalMart ?s decision to drive inventory buildup out of its supply chain is hurting its vendors,Discount YSL Sandal, who say the company?s destocking initiative is hurting their bottom lines. ?WalMart?s vendors are facing the prospect of potentially slower sales in the short term,Kids Nike Free Shoes, and a shift of inventory away from WalMarts balance sheet to the vendors? balance sheets,? wrote Banc of America analyst David Strasser in a Tuesday research report. WalMart , whose s Strasser rates ?neutral? with a price target of $, outlined its network remix program last October as part of its biggerpicture plans to improve its return on investment capital. Since then,Diesel Belts, vendors including Procter amp Gamble , Hershey , Yellow Freight and packaging companies, have all complained the change at WalMart has negatively affected their businesses. Similar initiatives are also being instituted at retailers Target and other supermarket chains to drive working capital efficiency. Strasser focuses on WalMart as a case study because of its farreaching impact in the consumer market. Besides driving inventory growth down to half the rate of sales growth,Diesel Belts, these companies are also considering new stockkeepingunit initiatives meant to increase competition for instore shelf space, as well as increasing direct sourcing and adding privatelabel items to increase margins. Consumerproduct vendors are ly to be the most impacted WalMart?s destocking activities,www.newdiscountdieseljeans.com, Strasser says,www.dieselsalesoutlet.com, especially those companies that offer tertiary brands that are already losing to higherranked brandname companies. For now, Strasser says he is monitoring the market as these new initiatives are executed in the midst of consumer headwinds and relatively high valuations.相关的主题文章:
linxue198 发表于:2014-3-5 4:56:22