A state-owned Chinese TV station which has run a string of stories criticizing foreign firms has accused U.S. retailer Wal-Mart (WMT) of circumventing its quality control process and fast-tracking some products with higher profit margins. The report by China Central Television (CCTV) was based on an interview with an anonymous former Wal-Mart employee and cited more than 200 documents dating from 2006 that referenced a "special approval process" and mentioned alcohol suppliers that did not have production permits. Wal-Mart, the world's No. 1 retailer, said it keeps a close watch over its supply chain and only uses its special approvals process in specific circumstances, such as when a supplier changes the size of a product or switches distribution agents. "Our special approval process is used to accelerate listing items from suppliers we already do business with.
via Business News - Yahoo Finance http://ift.tt/1jsh2Cj
0 commentaires:
Enregistrer un commentaire