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Furthermore, Fletcher has already begun the shift towards the reduction in costs incurred with logistics and supply chain solutions by the enforcement of just-in-time (JIT) production upon its 65000 suppliers, reduction of distribution centres from 41 to 24, implements improved technology, and streamline deliveries to stores. In detail, Fletcher unveiled plans directed at long term growth with the strategies designed to pressure suppliers into adopting the same IT systems that Coles Myers uses in its warehouses and stores so that it can build a more efficient e-trading platform. Fletcher expects to invest approximately $800 million over the next years in order to successfully implement this cost-cutting strategy...
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