// John Lewis hires restructuring firm AlixPartners to launch strategic review of its supply chain and buying processes
// This is to see if variable costs can be saved by simplification and efficiencies
// The retailer will “deepen” its relationships with suppliers
John Lewis has reportedly drafted in advisory firm AlixPartners to launch a strategic review of its supply chain and buying processes, as it seeks to save costs.
The department store chain appointed the firm to work on a review of its supply chain and buying processes, including intake margins and supplier terms.
This is to see if variable costs can be saved by simplification and efficiencies, Drapers reported.
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John Lewis said it is also looking at how it can strengthen its relationship with suppliers.
The retailer will “deepen” its relationships with suppliers and find ways to grow their businesses together.
John Lewis executive director Pippa Wicks is also a senior adviser at AlixPartners and co-founded AlixPartners Europe.
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