Duttons folly, page-16

@madamswer , eminent business editor/journalist Robert Gottliebsen disagrees with you:

(from 'The Australian'):

"...The nation expects the skills Cass-Gottlieb and her people applied to unpicking Qantas’ ticketing fraud will be applied to analysing the supermarket area.

Here are some of the things I think she will find:

- The gross supermarket margins Coles, Woolworths and others parade to the politicians are not worth a bag of beans. The only way to understand margins is to link stock turnover to the gross margin. The supermarkets use those figures all the time and they can be compared to the rest of the world.

- Cass-Gottlieb will look at the supply chain economics. As I understand it, she will discover insufficient investment has been made in the supply chain, including temperature controls.

This leads to incredible waste which needs to be fixed and the rewards of this investment need to be shared with suppliers — particularly smaller suppliers — and customers..."