Suppliers under the hammer?

from talkingretail.com

The value and savings of eAuctions for retailers and suppliers

In the old days, it was easy. Suppliers told retailers what they could sell and retailers told customers what they could buy. There was no ‘range proliferation’, ‘choice’ or ‘Far-East sourcing’; it was a world where retail buyers bought – not ‘procured’ – and suppliers ‘sold’ – not ‘account managed’. Where the brands went, everybody else followed. Easy.

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