Walmart Seeks Suppliers from among SMEs

The retail giant has selected 12 regional SMEs manufacturing innovative products at reasonable prices, who will have the opportunity to offer their products in stores belonging to the chain.

Wednesday, April 18, 2012

About 12 small and medium enterprises (SMEs) in Central America were chosen within the program of corporate social responsibility " Una mano para crecer”(Give a hand in order to grow) to be suppliers of Walmart stores in Central America and Mexico, and the stores of the Despensa de don Juan, Maxi-Despensas and Despensa Familiar.

"The businesses who were selected adhered to conditions such as: being manufacturers, having fewer than 100 employees, having health and safety registration (if applicable to their product), complying with labeling standards, having a bar code, and producing an article that is innovative, good quality and competitively priced. After being selected and before participating in the negotiating rounds they received training from Walmart in internal processes, costs and negotiation," reported

The chosen SMEs will be given a 90 day trial period, then the items that are best received will form part of the regular store selection, and as customer demand increases they may be placed in more outlets

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