I was reading Overdrive Online today and came accross an article written by Jill Dunn. In it she reports how Walmart (in its quest to cut costs) intends to take control of its inbound freight from manufactures to its DC's.
The very last paragraph states, " On Feb. 1, the retailer began charging a reimbursement charge of 3 percent of the cost of goods sold to each case not delivered and recorded in its system within the required delivery time."
Can anyone decipher that for me? It looks to be a penalty charged to the MC.
What has me confused the the "3 percent of cost of goods sold to each case". What in the heck is that supposed to mean?
I would have posted this in the Trucking Company DAC sub-forum, but the Walmart forum appears pretty dead.
Thanks for your time and I appreciate your hard work.
R/
Frat
Walmart to take control of its inbound freight.
Discussion in 'Questions To Truckers From The General Public' started by Fratsit, May 23, 2010.