EUROPEANS COLLABORATING TO CUT COSTS

MADRID, Spain -- European suppliers and retailers are engaged in widespread collaborative efforts to reduce costs and improve profitability, according to a study issued here last week.The overall potential benefit of such supplier-retailer collaboration was estimated at 2.3% to 3.4% of retail sales, the study found. These benefits -- which would accrue either through lower supply-chain costs or increased

MADRID, Spain -- European suppliers and retailers are engaged in widespread collaborative efforts to reduce costs and improve profitability, according to a study issued here last week.

Register to view the full article