Report: Walmart asks vendors to fund Savings Catcher
Carol's latest Retail Wire weigh in on Walmart's Savings Catcher supplier request...and double standards.
As I stated in the City Wire article, given Walmart's data mining and analytic capabilities, the burden of accountability for uncovering and managing price discrepancies through the Savings Catcher program would seem to fall squarely on Walmart. This isn't a question of responsibility (or shouldn't be) then, but one of partnership. In this case, suppliers are being asked to partner with Walmart on an innovative digital savings platform that has perhaps proved more successful (in terms of adoption) than it imagined. This is no different from any number of other co-op support "opportunities" that many other retailers vigorously urge their suppliers to support. Why is it called "bullying" when Walmart is involved?