Long known for squeezing its vast network ofsuppliers, Wal-Mart Stores Inc.is about to step up the pressure.
The focus this time is delivery scheduling, and the company'snot messing around. Two days late? That'll earn you a fine. One dayearly? That's a fine, too. Right on-time but goods aren't packedproperly? You guessed it — fined.
The program, labeled “On-Time, In-Full,'' aims to add $1 billionto revenue by improving product availability at stores, accordingto slides from a presentation obtained by Bloomberg, and itunderscores the urgency Wal-Mart feels as it raises wages, cutsprices and confronts a powerhouse rival in Amazon.com Inc. that's poised togrow with its planned purchase of Whole Foods Markets Inc.
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