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Target gets tough with vendors to speed up supply chain

It plans to tighten deadlines for warehouse deliveries and hike fines for late deliveries to better compete with rivals

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Target chief operating officer John Mulligan (above) and chief executive Brian Cornell met over 200 suppliers recently to talk through the changes.

Chicago

DISCOUNT retailer Target Corp is cracking down on suppliers as part of a multi-billion dollar overhaul to speed up its supply chain and better compete with rivals including Wal-Mart Stores Inc and Amazon.com Inc.

The sixth-largest US retailer by sales plans to tighten