Morrisons to end at contracts with several suppliers
The retailer Morrisons is planning to end at least 80 maintenance contacts with suppliers.
Morrisons is in cost saving mode as it battles with debt after a takeover in 2021, resulting in the announcement that it will end over 80 contracts with maintenance suppliers, many locally based, in order to gain savings by working with a single provider.
The idea is that the reduced complexity in the supply chain will provide economies in terms of contract costs as well as the companies’ wage bill. Whilst this is inevitably bad news for many local suppliers, Morrisons hopes that it will help give the company an edge in a hugely competitive market where margins are constantly squeezed. In order to keep pace with the competition, the business will need to continue to drive efficiencies wherever possible.
If you’re finding that aspects of your business are costing you too much time and money, maybe Live Web Chat can help.
Contact us today to find out more about how Live Web Chat can help you convert website visitors into paying clients. You can find out more about what we offer on our website, or by calling us on 01273 741113.