Has anyone else heard that China mart approached Kelloggs and forced this after cooking Kelloggs books and demanding a 15% price reduction?
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Haven't heard that, but don't doubt it. Walmart is going first to warehouse. I am sure they drove it. We, as reps, get the blame for all that has gone wrong at Walmart. High inventory levels, lack of Comac execution, bad service, and out of stocks - when our management is responsible for all of the above. How does a strategy of slamming the stores with product, pulling back on service, and constantly warehouse out on product provide a winning strategy in the market. These people are clueless - Joke!! I am relieved I don't have to deal with these jackasses anymore.
This was being set up in 2015. the big ter model was a last gasp effort for us to fail and prove DSD bad.
if K had there way this would have happened last year. they don't like DSD. We are considered overhead.
last year I wrote over well over 2 million in business and I'm considered overhead. Deeny always wanted DSD gone. stock price will go up. K leedrship team will cash out stock options and collect there golden parachute and move on after this all goes bad. Account teams are next. some of those acct teams are useless. when business tanks K has to look at the acct teams next to cut dollars.