The global grocery industry is domnated by mass-masrket retail chains. At the national level in many countries, a large share of the grocery market is frequently in the hand of few retailers. While some amount of buyer power are understandable and simply desirable for competitive advantage, the high level of contration causes a growing imbalance of buyer power within the supply chain.
Exerting buyer power is natural when not abused. It is understandable that any industry participant would seek bigger volumes as a tool for negotiating better prices. But retailers push the limit of what is fair. Grocery retailers are perpetually and aggressively extrracting better terms from already squeezed manufactured, going far beyond the benefits a player should receive fro attaining economies of scale.
Large or small, no manufacturer has enough power. Global constiutuents, sucs as procter & Gamble, Nestle, and Unilever, do play a role in the industry and have more negotiating power than small manufacturers. Still, these companies simply are no match for the extensive control retailers have no end-customers throughout the supply chain. For example, Wal-Mart's sales are approxiamately 5 times greater than those of its largest supplier, Protector & Gamble. Wal-mart accounted for 16% of protector & Gamble sales in 2016.
Retailers buyer abuse extands beyond nrmal pressure. The explanation of this pressure is abuse of buyer power. Sucs powe allows retailers to determine what will and will not be stocked, and on what terms, such as sources, quatity, quality, delivery schedule, packaging, returns policy, and above all, price and payments conditions. indeed, a supermarket company wields an important bargaining chip, namely the threat to stop selling one or more products.
Evidences of retailers power abuse - The competition comissions in the UK, for example, did find that major retailers enjoy a price adventage that exceede the cost difference. Additional departures from proper retail conduct include: delaying payments to manufactures beyond the terms in the contracs; and changing quanitities or product-quality specification at less than three days notice, and without paying compensation to manufacturer. The figure below offers specific evidence of retail buyer power abise and lack of adherence to codes of conduct, which was covered in various news outlets.
The INS token is a core component of the INS ecosystem and is designed to faciliates all kinds of operations that make the token an integral part of the ecosystem and driver for its economy. The INS token is fractionally divisible, transferable and fungible. The token balances and transfer will be tracked by INS. I the case of any force majure, sucs as large token theft, contract compromise, or a disrupting change of Ethereum protocol, INS may opt to freeze token transfer and issue a new token contract with balances replacing that of the original token registry by certain date. in the case of an Ethereum fork, INS will properly announce whics branch it will support.
INS Token Contract Address : 0x5b2e4a700dfbc560061edec8f6eeeb74a320
The INS token is planned to be the only means of exchange for handling all type of rewards and one of the means of payments within the INS ECOSYSTEM. We plan that INS token will be accepted as a paymet method in partner service.
INS TOKEN USAGE
Manufactures
Large or small, no manufacturer has enough power. Global constiutuents, sucs as procter & Gamble, Nestle, and Unilever, do play a role in the industry and have more negotiating power than small manufacturers. Still, these companies simply are no match for the extensive control retailers have no end-customers throughout the supply chain. For example, Wal-Mart's sales are approxiamately 5 times greater than those of its largest supplier, Protector & Gamble. Wal-mart accounted for 16% of protector & Gamble sales in 2016.
Retailers buyer abuse extands beyond nrmal pressure. The explanation of this pressure is abuse of buyer power. Sucs powe allows retailers to determine what will and will not be stocked, and on what terms, such as sources, quatity, quality, delivery schedule, packaging, returns policy, and above all, price and payments conditions. indeed, a supermarket company wields an important bargaining chip, namely the threat to stop selling one or more products.
Evidences of retailers power abuse - The competition comissions in the UK, for example, did find that major retailers enjoy a price adventage that exceede the cost difference. Additional departures from proper retail conduct include: delaying payments to manufactures beyond the terms in the contracs; and changing quanitities or product-quality specification at less than three days notice, and without paying compensation to manufacturer. The figure below offers specific evidence of retail buyer power abise and lack of adherence to codes of conduct, which was covered in various news outlets.
INS TOKEN
Aftre the ICO periode, all contributors will receive an ERC20 exchangeable INS token on the Ethereum network, Whenever the INS blockchain is launched wits its own token mechanism, the ERC20 token will be always accepted for exchange to new token 1-to-1.The INS token is a core component of the INS ecosystem and is designed to faciliates all kinds of operations that make the token an integral part of the ecosystem and driver for its economy. The INS token is fractionally divisible, transferable and fungible. The token balances and transfer will be tracked by INS. I the case of any force majure, sucs as large token theft, contract compromise, or a disrupting change of Ethereum protocol, INS may opt to freeze token transfer and issue a new token contract with balances replacing that of the original token registry by certain date. in the case of an Ethereum fork, INS will properly announce whics branch it will support.
INS Token Contract Address : 0x5b2e4a700dfbc560061edec8f6eeeb74a320
The INS token is planned to be the only means of exchange for handling all type of rewards and one of the means of payments within the INS ECOSYSTEM. We plan that INS token will be accepted as a paymet method in partner service.
INS TOKEN USAGE
Manufactures
- Rewards: loyality, promotion, cross-marketing, feedback
- Minimum balances hold
- Payment for orders
- Referral reward to consumers
TOKEN SALE
Start date: 11:00 AM (GMT) on December 4, 2017Payment methods: BTC, ETH, LTC, DASH, USD (bank transfer)
Soft cap: 20,000 ETH
Hard cap: 60,000 ETH
Token exchange rate: 1 ETH = 300 INS tokens
Total token supply (max): 50,000,000
Min purchase: 0.1 ETH
MORE INFORMATION
See You Next Time 😐
My ETH address : 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69
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