Wal-Mart keen on clean and honest management
31/7/2003 17:45
Sending a pen to purchasers or inviting them a cup of tea will be
considered bribing by Wal-Mart, the world's largest retailer, which focuses on
operating in a clean and honest way, according to vendors' conference held by
Wal-Mart yesterday, the Shanghai Morning Post reported today.
More than 200
vendors attended the conference in Shanghai yesterday, with how to contact with
purchasers of Wal-Mart the main focus.
According to the conference data
prepared by Wal-Mart, purchasers are banned to ask for any types of gifts from
vendors, who are also not allowed to send free gifts to purchasers, even paying
for drinks and dinner is banned.
The vendors found to break the regulations
are likely to lose opportunities to cooperate with Wal-Mart, said a purchaser
with Wal-Mart.
Wal-Mart takes strict measures to check whether a supplier is
qualified or not, including product quality, price and factory conditions.
If a factory is found to employ child labor (people aged below 16) or impose
corporal punishment on employees, it cannot cooperate with Wal-Mart any longer,
said an industry analyst.
Domestic vendors are used to developing
relationship with retailers by sending gifts, but the real capabilities of the
suppliers are cared most, the analyst said.
Wendy Zhang/ Shanghai Daily news
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