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> Are they for real some kind of consumer super heroes? I'm reluctant to call any company a super hero, but, costco does some fairly great stuff aside from thi
by AdamJacobMuller 4y ago
> Are they for real some kind of consumer super heroes?
I'm reluctant to call any company a super hero, but, costco does some fairly great stuff aside from this TV thing (which I wasn't even aware of).
Costco are fairly famous for cost optimizing with their vendors, but, in contrast to how others do it they have a much different model from what i've read and heard. They try to help their vendors to optimize their own costs and thereby sell things cheaper by using their extensive operational knowledge to help them both understand their own cost structures and what they can do to reduce their costs. Unlike most other brands they then just pass that savings on to members. Many other companies would chose to use this information gathering to undercut their vendors and eventually supplant them and/or force them out of business (I'm looking at Amazon as the prototypical company here for this bad behaviour) but costco seems to value their relationships more and doesn't really do this (see https://www.trendymatter.com/fast-gallery/these-big-name-brands-actually-make-costcos-kirkland-products/12 https://www.trendymatter.com/fast-gallery/these-big-name-bra...).
Anyway, i'm hesitant to canonize any corporation but I do love their food.