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I’m just remembering what I heard from a documentary about Walmart. A company, like Rubbermaid, had a contract with Walmart to build millions of widgets. But th
by yardie 7y ago
I’m just remembering what I heard from a documentary about Walmart. A company, like Rubbermaid, had a contract with Walmart to build millions of widgets. But they wanted it at a certain lower price and it had to meet contractual requirements. Someone in management was lamenting how the defect rate was too low and they might not make revenue. In the end it worked out, they bought new machines with better tolerances. Until Walmart came back and asked for an even lower price...