Maybe the real issue is they choose to bring in lower quality suppliers that they deemed to be "good enough", instead of hiring quality, and building robust internal process to make sure the type of feedback is brought to the suppliers directly - with examples, and well thought out suggestions instead of this notice posted on the office fridge.
To me, this looks like a lack of will for financial commitment rather than an industry-wide plague that's impervious to the ultimate resource to fix nearly every problem we face - willpower and an increased budget.
[1]: https://www.linkedin.com/posts/shubhankargaur_jpmorganchase-...
[2]: https://www.reuters.com/business/finance/jpmorgan-profit-jum...