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Wal-Mart orders $1 billion in supply chain savings

from The Journal of Commerce

Wal-Mart Stores will use its global transportation and logistics leverage to cut fruit and vegetable prices by $1 billion, the nation's largest grocer said. It's part of a broad campaign to make food healthier and less expensive backed by First Lady Michelle Obama, who joined Wal-Mart executives in Washington. "We can improve how we make and sell food in this country," she said at the event. Sourcing, packaging and transportation initiatives will help drive costs out of the produce supply chain, said Andrea Thomas, Wal-Mart's senior vice president of sustainability. more

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