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The Pub For General Automotive Related Talk |
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03-07-2023, 10:52 PM | #21 | |||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,497
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Quote:
Both BAPCOR and GPC Asia Pacific set the terms to their suppliers, not the other way around, because of the money they spend with suppliers. Its the same with OEMs, you sell to them on their terms, not yours. BAPCOR/GPC Asia Pacific and Super Retail Group would be Century's three largest customers by a huge margin and all three have the ability to set the terms to Century over contracted prices, refusing price increases and terms of sale in regards to warranty. Just to put Autobarn and their other retail brands into perspective (Autobarn/Autopro/Sprint/Midas/ABS), retail is only 20% of BAPCORs revenue, If Century lost BAPCOR's retail division, they'd lose 338 stores buying stock of Century product. Last edited by Franco Cozzo; 03-07-2023 at 11:03 PM. |
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