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Did I miss something in the article about how this was a grift? While these guys feel like they were screwed, and sure, they might have been screwed, making an
by JackFr 4y ago
Did I miss something in the article about how this was a grift? While these guys feel like they were screwed, and sure, they might have been screwed, making an order and then cancelling it isn’t a grift. No one stole from them, and I’m not sure how the multi-billion dollar grocery distributor got any financial benefit from the whole episode.
- lazide 4y agoA lot of larger companies push off supply chain risk to their suppliers this way. Auto industry is notorious for it. They might order 10x what they think they’ll need to hedge a risk on their side, fully expecting to cancel 90% of them (and telling the suppliers the opposite of course), and screw all but the lucky one. And often use that as leverage on the ‘lucky’ one too.
- dang 4y agoIf someone suggests a more accurate and neutral title that doesn't say 'grift', we can change it.