Strategic Sourcing in Retail: How to Survive and Succeed
Angeline Edsinger, Director of Corporate Purchasing, Longs Drug Stores California, Inc., (925) 210-6957, firstname.lastname@example.org
Alice Bacigalupi, Sourcing Analyst, Longs Drug Stores California, Inc., (925) 979-3754, email@example.com
92nd Annual International Conference Proceedings - 2007 - Las Vegas, NV
In the highly competitive retail industry, where margins are driven by consumer spending, retailers are increasingly pressured to control and reduce operating expenses. In the last three years, the Longs sourcing team has touched virtually every indirect spend category, from basics like store supplies to high dollar complex construction categories, that resulted in profit improvement for Longs and their shareholders.