...the Networked Enterprise INTERACTIVE SESSION: MANAGEMENT FLEXIBLE SCHEDUUNG AT WAL-MART: GOOD OR BAD FOR EMPLOYEES? Withneady 1,4 million workers domestically, W.8},.Mart:i5 the largestprlvate employer in the ·tTnit~States, Wal-Mart is also the nation's number one~i1er in terms of sales, registering nearly $379 billi,dn insales revenue for the fiscal year ending ..Ji'JnU8ltit31, ZP08, Wal-Mart achieved its lofty status t1u:ough~ combinationoflow prices and low oper~tionaJcosts, .enabled by a superb continuous .... i~ventory replenishment system. Now Wal-Mart is. trying to lower costs further by t::hangi:rJgitsmethods for scheduling the work shifts ofitsemp16yees.. ln early 2007, Wal-Mart revealed that it was adopting a {;omputerized scheduling ~vs,tl'>:fn a move that has been roundly criticized by advocates for the impact it may have en;Lpil)Vf~s' lives. scheduling employee shifts at big as Wal-Mart was the domain of store m,,~nageJrs who arranged schedules manually. tl}eirdecisions in parton current store pl'!:mJlotilOIltS as well as on weekly sales data from the .Drt~V1lJUS Year. 'JYpically, the process requited a full d~'y ofeffort for a store manager. Multiply that labor inltenlSitv by the number of stores in a chain and you expensive task with results that are margiwllybeneficia1 to the company. . .By using a computerized scheduling system, such system from ){ronos that Wal-Mart adopted, a enterprise cali. produce work schedules for in...
Words: 331 - Pages: 2
...Information Systems CASE STUDY 1 Flexible Scheduling Good or Bad for Employees? With nearly 1.4 million workers domestically, Wal-Mart is the largest private employer in the United States, Wal-Mart is also the nation’s number one retailer in terms of sales, registering nearly $379 billion in sales revenue for the fiscal year ending January 31, 2008. Wal-Mart achieved its lofty status through a combination of low prices and low operational costs, enabled by superb continuous inventory replenishment system. Now Wal-Mart is trying to lower costs further by changing its methods for scheduling the work shifts of its employees. In early 2007, Wal-Mart revealed that is was adopting a computerized scheduling system, a move that has been roundly criticized by workers’ rights advocates for the impact it may have on employees’ lives. Traditionally, scheduling employee shifts at big box stores such as Wal-Mart was the domain of store managers who arranged schedules manually. They based their decisions in part on current store promotions as well as on weekly sales data from the previous year. Typically, the process required a full day of effort for a store manager. Multiply that labor intensity by the number of stores in a chain and you have an expensive task with results that are marginally beneficial to the company. By using a computerized scheduling system, such as the system from Kronos that Wal-Mart adopted, a retail enterprise can produce...
Words: 2932 - Pages: 12
...Abstract Wal-Mart is the United States largest retailer and the largest employer. It has more revenue and more employees than any other company in America. The growth is unmatched by competitors and is a dominant force in the retail space. It has insignificant operating costs that let the retailer set low prices on a range of goods. The paper will examine theses economical burdens of this practice. There are concerns about Walmart’s growth, along with the financial impact it has on its workers, the environment, surrounding communities, and its competitors. This paper will examine these concerns by answering the following questions: Was there a correlational relationship between the leadership’s decisions make abilities and the events that led to employees rights? Was there a connection between Walmart’s business practices and the practices of senior leadership that effect the environment? How has the public’s perception of Walmart caused a reduction in the work force, and effecting surround communities? This paper will look deep into these issues and describe possible solutions Wal-Mart: The Economic Power House Walmart runs on small operating costs, it has low prices, it’s a gigantic company, the world’s second largest employer, families spend thousands of dollars a year there, and it has everything from apples to glue, and most people live within 20 miles of one. These facts represent an organization that has had expansive growth since its inception. With this expansive...
Words: 3221 - Pages: 13
...Question 1. Success of Newell Corporate Strategy The strategy of Newell Corporation can be described as a strategy of related diversification. The diversification strategy may seem unrelated because Newell was acquiring companies from different industries (office products, picture frames, cookware etc.), but in fact the diversification was related on the basis of: 1) Deploying the unique resources of the company (management relationship with retailers, logistics etc.) 2) Using the same channels of distribution (Wall-mart, Kmart, etc) 3) Common characteristics of the products: low-technology, non- seasonal, non- cyclical, non-fashionable . The most representative quantitative data that proves the success of the Newell strategy is 10 years average return of 31% for investors, that was much higher than average market return of 18%. Also we can mention the stable growth of revenues and profit of the company, but these figures may be not very representative, because the growth in revenues could be a result of extensive growth of the company (if you acquire a lot of companies, your sales will grow for sure, but it is not an indicator of success). What is more important is a stable growth in earning per share in 1992-1997 from $1,05 to $1,82. Another indicator of stable financial situation in the company was a high level of liquidity. This fact could be mention not only on the level of competitive strategy, but also on the level of corporate strategy because the policy of relationship...
Words: 3488 - Pages: 14
...Background Wal-Mart Stores, Inc. is a public corporation that runs a chain of large discount stores and a chain of membership required warehouse stores. Sam Walton founded the company in 1962, and since then Wal-Mart has become a global company with annual sales of $405 billion for the fiscal year of 2010 (Wal-Mart Corporate). In 1992, Sam Walton passed away and many doubted the future of the company under the leadership of David Glass, CEO and Don Soderquist, COO. The Company suffered in April, 1993 when the growth of the company had fallen under 10% since 1985. At the same time their stock price fell 22-26% destroying nearly 17 billion in market value (Wal-Mart Corporate). Glass and Soderquist had their work cut out for them, they needed to come up with a strategy to keep their competitive advantage in the industry. The following analysis will explain Wal-Mart's competitive advantage in discount retailing, whether they will be able to sustain their position in the discount retailing industry, and the effectiveness of their diversification into the food industry. What is Wal-Mart's competitive advantage and the sources of its competitive advantage in discount retailing? Wal-Mart’s main competitive advantage in discount retailing has always been providing the lowest possible prices on brand name goods to customers (Bradley 4). The “everyday low prices” approach is the biggest reason why Wal-Mart has become the leader in the retail industry. There are a number...
Words: 4124 - Pages: 17
...OPERATION MANAGEMENT Group Assignment Case Study – Process Analysis in Carrefour PROCESS ANALYSIS IN CARREFOUR GROUP INTRODUCTION - History of Carrefour First in Europe, Carrefour is the 2nd retailer in the world. With a presence in thirty-two countries, it makes half its sales outside France. This makes it the most international of all food retailers. The Group is concentrated on three continents: Europe (13 countries), Latin America (4 countries) and Asia (8 countries), a field of expansion to which one might add Africa, the Caribbean and the Middle East (7 countries). The Group started this world-wide expansion more than 40 years ago, from which it has gained considerable experience. With the strength of this expertise, Carrefour pursues a growth strategy that is increasingly based on its international business. Thus, in 2004, 80% of the new points of sale were created outside France. Growth has been achieved, with an increase of sales outside France of 8.3% at constant Exchange rates in 2004. The scope of Carrefour focuses on four main grocery store formats which are hypermarket, supermarket, discount and convenient stores. Operations range from supermarkets stores and a variety of other outlets to convenience. But what Carrefour is known for above all else is the hypermarket. A hypermarket is, essentially, a super-sized supermarket that typically stocks some 70,000 items and has a sales floor as big as 20,000 square meters or approximately 215,000 square...
Words: 2881 - Pages: 12
...Internet on the protection of individual privacy and intellectual property. • Assess how information systems have affected everyday life. 3 Management Information Systems Chapter 4 Ethical and Social Issues in Information Systems Is Your Student Loan Data on Loan? • Problem: Insufficient privacy protections for sensitive data related to student loans. • Solutions: Improve system security and protect student information to restore confidence in the system. • Revoke over 52,000 user IDs suspected of misusing access to students’ private information. • Demonstrates IT’s role in providing quick and convenient access to data. • Illustrates how the very same technology has the potential to threaten privacy and cause more harm than good. 4 Management Information Systems Chapter 4 Ethical and Social Issues in Information Systems Understanding Ethical and Social Issues Related to Systems • Past five years: One of the most ethically challenged periods in U.S. history • Lapses in management ethical and business judgment in a broad spectrum of industries • Enron, WorldCom, Parmalat, etc. • Sub-prime loans and the failure of risk analysis: CitiBank and Societe Generale • Information systems instrumental in many recent frauds • Stiffer sentencing guidelines, obstruction charges against firms, mean individual...
Words: 2655 - Pages: 11
... Manufacture Manufacture Inventory Record Inventory Record Transportation Transportation Data processing Data processing Inventory management Inventory management Selling Selling Customers Customers Figure 1: supply chain in current Inkawa Figure 1: supply chain in current Inkawa Refer to the supply chain in current Inkawa in Figure 1. Inkawa makes material procurement plans through demand forecasting in the first step. Next step, it purchases components to designs, develops and manufactures televisions. Then Inkawa transports the finished televisions to the warehouse, and the retailers purchase the finished goods from warehouse. Finally, customers buy the finished good in the stores. Therefore, Inkawa take the manufacturer as the central, and according to the products of the production and inventory, Inkawa sells goods to the customer in a planned way, its driving force is from the upstream of supply chain, which is the push system. Inkawa’s organizational aims is to further consolidate the domestic market position and expand the overseas market. According to Yannopoulos (2011) found that increasing market share and profitability can consolidated companies' position in market. Therefore, Inkawa focus on increasing sales, which make Inkawa chose make-to-stock (MTS) mode. MTS used by...
Words: 2906 - Pages: 12
...Self-actualisation) * Wants: form that human needs take as they are shaped by culture and individual personality * Demands: humans wants that are backed by buying power * Conduct consumer research and analyse the large amount of data * Marketing offerings * Combination of products, services, information or experiences offered to a market to satisfy a need or want * Marketing myopia: mistake of sellers paying more attention to the specific products offered by a company rather than to the benefits and experiences produced by these products ~ focus on existing wants and lose sight of the underlying needs * Value and satisfaction * Satisfied customers will make repeated purchases and tell others about their good experience * Dissatisfied customers will switch to competitors and disparage the product to others * Exchanges and relationships * Exchange: act of obtaining a desired object from someone by offering something in return * Markets * Set of all actual and potential buyers of a product or service * Managing markets to bring about profitable customer relationship * Depends on own actions as well as entire system that serves the final customers *...
Words: 26994 - Pages: 108
...ASSIGNMENT SUBMISSION FORM This sheet must be submitted with your assignment. Failure to complete, sign and submit this form will result in a mark of ‘0’ for the assignment. Student Name Mounir TIZI Student ID P1028079 Assessor Name Mr Deji Sotunde Course Title Module Name Date of Submission Systems and Operations Management. 27/01/2015 Plagiarism is presenting somebody else’s work as your own. It includes: copying information directly from the Web or books without referencing the material; submitting joint coursework as an individual effort; copying another student’s coursework; stealing coursework from another student and submitting it as your own work. Suspected plagiarism will be investigated and if found to have occurred will be dealt with according to the procedures set down by the College. Please see your student handbook for further details of what is / isn’t plagiarism. By submitting this form and signing below, I declare that: I am the author of this assignment and that any assistance I received in its preparation is fully disclosed and acknowledged in this assignment I also certify that this assignment was prepared by me specifically for this course I certify that I have taken all reasonable precautions to make sure that my work has not been copied by other students I confirm that I have understood the College’s regulations on plagiarism I confirm that research resources are fully acknowledged Signature: Mounir...
Words: 4804 - Pages: 20
...Sam Walton Made in America My Story by Sam Walton with John Huey BANTAM BOOKS NEW YORK• TORONTO• LONDON• SYDNEY• AUCKLAND This edition contains the complete text of the original hardcover edition. NOT ONE WORD HAS BEEN OMITTED. SAM WALTON: MADE IN AMERICA A Bantam Book/published by arrangement with Doubleday PUBLISHING HISTORY Doubleday edition published June 1992 Bantam edition/June 1993 Photographs without credits appear courtesy of the Walton family. All rights reserved. Copyright© 1992 by the Estate of Samuel Moore Walton. Cover photo copyright© 1989 by Louis Psihoyos/Matrix. Cover design by Emily & Maura Design. Library of Congress Catalog Card Number: 92-18874. ISBN 0-553-56283-5 Published simultaneously in the United States and Canada Bantam Books are published by Bantam Books, a division of Bantam Doubleday Dell Publishing Group, Inc. Its trademark, consisting of the words "Bantam Books" and the portrayal of a rooster, is Registered in U.S. Patent and Trademark Office and in other countries. Marca Registrada. Bantam Books, 1540 Broadway, New York, New York 10036. PRINTED IN THE UNITED STATES OF AMERICA OPM 31 30 29 28 27 26 25 24 23 Contents Acknowledgments 4 Foreword 5 1 Learning to Value a Dollar 9 2 Starting on a Dime 14 3 Bouncing Back 25 4 Swimming Upstream 33 5 Raising a Family 44 6 Recruiting the Team 50 7 Taking the Company Public 58 8 Rolling Out the Formula 68 9 Building the Partnership 77 10 Stepping...
Words: 102401 - Pages: 410
...PART I IT in the Organization 1. Information Technology in the Digital Economy 2. Information Technologies: Concepts and Management 3. Strategic Information Systems for Competitive Advantage CHAPTER Strategic Information Systems for Competitive Advantage Rosenbluth International: Competing in the Digital Economy 3.1 Strategic Advantage and Information Technology 3.2 Porter’s Competitive Forces Model and Strategies 3.3 Porter’s Value Chain Model 3.4 Interorganizational Strategic Information Systems 3.5 A Framework for Global Competition 3.6 Strategic Information Systems: Examples and Analysis 3.7 Implementing and Sustaining SIS Minicases: (1) Cisco Systems/ (2) Aeronautica Civil 89 LEARNING OBJECTIVES 3 After studying this chapter, you will be able to: Describe strategic information systems (SISs) and explain their advantages. Describe Porter’s competitive forces model and how information technology helps companies improve their competitive positions. Describe 12 strategies companies can use to achieve competitive advantage in their industry. Describe Porter’s value chain model and its relationship to information technology. Describe how linking information systems across organizations helps companies achieve competitive advantage. Describe global competition and global business drivers. Describe representative SISs and the advantage they provide to organizations. Discuss the challenges associated with sustaining competitive advantage. ROSENBLUTH INTERNATIONAL: COMPETING...
Words: 18939 - Pages: 76
...An Integrated Approach to Strategy Running Case Featuring Wal-Mart Wal-Mart’s Competitive Advantage (Chapter 1) ● Working Conditions at Wal-Mart (Chapter 2) ● Wal-Mart’s Bargaining Power over Suppliers (Chapter 3) ● Human Resource Strategy and Productivity at Wal-Mart (Chapter 4) ● How Wal-Mart Became a Cost Leader (Chapter 5) ● Wal-Mart’s Global Expansion (Chapter 6) ● WalMart Internally Ventures a New Kind of Retail Store (Chapter 8) ● Sam Walton’s Approach to Implementing Wal-Mart’s Strategy (Chapter 9) Strategy in Action Features A Strategic Shift at Microsoft (Chapter 1) ● The Agency Problem at Tyco (Chapter 2) ● Circumventing Entry Barriers into the Soft Drink Industry (Chapter 3) ● Learning Effects in Cardiac Surgery (Chapter 4) ● How to Make Money in the Vacuum Tube Business (Chapter 5) ● The Evolution of Strategy at Procter & Gamble (Chapter 6) ● Diversification at 3M: Leveraging Technology (Chapter 7) ● News Corp’s Successful Acquisition Strategy (Chapter 8) ● How to Flatten and Decentralize Structure (Chapter 9) Practicing Strategic Management Application-based activities intended to get your students thinking beyond the book. Small-Group Exercises Short experiential exercises that ask students to coordinate and collaborate on group work focused on an aspect of strategic management. Exploring the Web Internet exercises that require students to explore company websites and answer chapter-related questions. Designing a Planning System (Chapter 1) Evaluating...
Words: 223966 - Pages: 896
...An Integrated Approach to Strategy Running Case Featuring Wal-Mart Wal-Mart’s Competitive Advantage (Chapter 1) ● Working Conditions at Wal-Mart (Chapter 2) ● Wal-Mart’s Bargaining Power over Suppliers (Chapter 3) ● Human Resource Strategy and Productivity at Wal-Mart (Chapter 4) ● How Wal-Mart Became a Cost Leader (Chapter 5) ● Wal-Mart’s Global Expansion (Chapter 6) ● WalMart Internally Ventures a New Kind of Retail Store (Chapter 8) ● Sam Walton’s Approach to Implementing Wal-Mart’s Strategy (Chapter 9) Strategy in Action Features A Strategic Shift at Microsoft (Chapter 1) ● The Agency Problem at Tyco (Chapter 2) ● Circumventing Entry Barriers into the Soft Drink Industry (Chapter 3) ● Learning Effects in Cardiac Surgery (Chapter 4) ● How to Make Money in the Vacuum Tube Business (Chapter 5) ● The Evolution of Strategy at Procter & Gamble (Chapter 6) ● Diversification at 3M: Leveraging Technology (Chapter 7) ● News Corp’s Successful Acquisition Strategy (Chapter 8) ● How to Flatten and Decentralize Structure (Chapter 9) Practicing Strategic Management Application-based activities intended to get your students thinking beyond the book. Small-Group Exercises Short experiential exercises that ask students to coordinate and collaborate on group work focused on an aspect of strategic management. Exploring the Web Internet exercises that require students to explore company websites and answer chapter-related questions. Designing a Planning System (Chapter 1) Evaluating...
Words: 223966 - Pages: 896
...Licensed to: CengageBrain User Licensed to: CengageBrain User This is an electronic version of the print textbook. Due to electronic rights restrictions, some third party content may be suppressed. Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. The publisher reserves the right to remove content from this title at any time if subsequent rights restrictions require it. For valuable information on pricing, previous editions, changes to current editions, and alternate formats, please visit www.cengage.com/highered to search by ISBN#, author, title, or keyword for materials in your areas of interest. Copyright 2012 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it. Licensed to: CengageBrain User Managing Supply Chains: A Logistics Approach, Ninth International Edition John J. Coyle, C. John Langley Jr., Robert A. Novack, Brian J. Gibson Vice President of Editorial, Business: Jack W. Calhoun Editor-in-Chief: Joe Sabatino Senior Acquisitions Editor: Charles McCormick, Jr. Developmental Editor: Daniel Noguera Editorial...
Words: 15556 - Pages: 63
