[cva66snipe]

Do you honestly believe that Wal Mart buys only for immediate delivery and never secures orders for future delivery?

For a while {a few years} it was doing just that. They changed from a long time in-store on hand stockroom inventory policy to an On Time to store inventory system. The immediate result was products were being discontinued and their on hand inventory was greatly affected as well. Customers went elsewhere.

Only in the past month did corporation finally acknowledge their serious mistake or should we just call it Walmart rediscovers the old Walmart? Wal-Mart outlines new strategy

[thackney]

On time deliveries did not mean the purchase agreements were only made a day or two before they were needed. They simply were trying to push inventory management to their suppliers. They would negotiate up front a minimum number to be purchased for the year and then request when they would be delivered.

They were NOT saying I need 100 toasters delivered in 2 days; what's the price?