MARKS & SPENCER LOOKS TO STREAMLINE SUPPLY CHAIN

LONDON (FNS) -- Marks & Spencer plc here plans to save $81 million a year in its food retail operation by 2002 by restructuring its supplier base and improving logistics."Our customers are demanding better value and better ranges," said Peter Salsbury, who took over as chief executive officer of Marks & Spencer earlier this year. "And we're taking steps to give them what they want. In order to deliver

LONDON (FNS) -- Marks & Spencer plc here plans to save $81 million a year in its food retail operation by 2002 by restructuring its supplier base and improving logistics.

"Our customers are demanding better value and better ranges," said Peter Salsbury, who took over as chief executive officer of Marks & Spencer earlier this year. "And we're taking steps to give them what they want. In order to deliver it, we're completely re-engineering the supply chain. What we're releasing

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