Monday, September 1, 2008

Cheap

I'm watching 'Four Corners' - a current affairs show on our state-owned broadcaster - and the story this week is that the two big supermarket chains here in Australia are using their buying power to strike aggressive bargains with their suppliers, which they then pass on to consumers. I know, I'm as horrified by this as you are.

They found a guy who owns a company that makes ice-cream, and he said that he buys the milk that goes into the ice-cream from the supermarket at retail price, because if he asks the dairy companies for a wholesale price it's higher. So to source this crucial raw ingredient he drives to the supermarket, buys milk and saves about 30%. And he was whingeing about it.

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