...P E S INSTITUTE OF TECHNOLOGY BANASHANKARI 3RD STAGE BANGALORE. Term paper submission on “SUPPLY CHAIN MANAGEMENT AT WALL-MART” -SUBMITTED BY SUJAY C 1PB12MBA51 INDEX S.NO DESCRIPTION 1. INTRODUCTION TO SUPPLY CHAIN MANAGEMENT 2. LEVELS OF SUPPLY CHAIN MANAGEMENT 3. HISTORY-WALMART 4. WAL-MART INTRODUCTION AND ITS BUSINESS PROCESSES 5. SUPPLY CHAIN MANGEMENT AT WAL-MART 6. PROCUREMENT AND DISTRIBUTION 7. LOGISTICS MANAGEMENT 8. INVENTORY MANAGEMENT 9. COMPETITIVE ADVANTAGE AND BUSINESS MODELS USED AT WAL-MART 10. RFID IN WAL-MART 11. EFFICENCY IN SUPPLY CHAIN WITH RFID 12. CONCLUSION Introduction to Supply Chain Management Supply Chain Management is the discipline which encompasses the end to end business activities carried out in any business, independent of the manufacturing or service sectors. It is the synchronization of a network of facilities and distribution options that performs procurement of materials, processing the materials into finished products, and distribution of the products to customers. SCM is seen as involving five fundamental processes. These include planning, sourcing, making, delivering, and returning. Typical supply chain showing interrelations...
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...1 “Supply Chain Management of Wal-Mart” Professor: ZHAO QUIHONG Student: NGUYEN HAI YEN - LS 1508256 VU THI THU HIEN - LS 1508226 GANTA. MURALI - LS 1508233 NGUYEN KHANH LINH - LS 1508230 NGUYEN THI THU HIEN - LS 1508257 INTRODUCTION Wal - mart was founded in 1962 by Sam Walton in Rogers, Ark. It is an American multinational retail corporation that runs chains of large discount department stores and warehouse stores. Almost everything can be found in Wal-Mart stores and it has everything a homemaker can ever think of. It is arguably the largest retail chain that deals with millions of product ranging from furnitures, clothes, groceries, books, movies, electronic, jewelries, baby products and much more. In the 1960s through the 1970s, companies realized strong engineering, design, and manufacturing functions were strong market strategy keys to create and capture customer loyalty. As the demand for new products rose in the 1980s, these market requirements were to increase their flexibility and responsiveness to adapt existing products and processes or to develop new ones in order to meet customer needs. As manufacturing improved in the 1990s, managers began noticing material and service inputs involving suppliers and their major impact on an organization‘s ability to meet customer needs. As a result of these changes, organizations now find that it difficult to manage their own organizations. Today, Wal-Mart topped the list of the America‘s biggest...
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...| How Walmart became a Super Power | E-Business EBUS308 | | By Dorine | 10/20/2014 | Table of Contents Business Model 2 Description of Stakeholders 4 Supply Chain Management 5 Radio-Frequency Identification (RFID) 6 Supply Chain Flow 6 Customer Relationship Management (CRM) 7 Customer Satisfaction 7 How Customer Satisfaction is Measured 7 E-Commerce Business Plan Template 8 Mobile Applications 8 Market Analysis Summary 9 Key Competitors 9 Walmart vs Amazon 10 Walmart vs WinCo 10 Data and Information Management Plan 11 Information Collected 11 How Information Collected Is Used 12 Policies to Protect Information 13 References 14 In today’s world shoppers like to have a one stop shop where they can go to get everything they need at a low price. Wal-Mart has provided that type of store for customer to be able to shop for groceries, clothes, house hold items, furniture, toys, pharmacy, and electronics. They are good at giving the customers what they want, they were the number one business of the Fortune 500 list for 2014 the second year in a row (Fortune 500 2014, 2014). Wal-Mart opened their first store in July 1962 in Roger, Arkansas. In 1991 Wal-Mart went international by opening up Sam’s Club in Mexico City. “Today, Walmart operates over 11,000 retail units under 71 banners in 27 countries (Our Story, 2014).” Walmart employs 1.3 million in the United States and 2.2 million associates around the world. Walmart’s mission statement...
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...King Talal School for Business Management Information System Department Wal-Mart By: Yasmine Okasheh Supervisor: Dr. This graduation project was submitted in partial fulfillment of the requirement for the bachelor’s degree in MIS May 8, 2012 Committee Decision This graduation project "Market Segmentation" was successfully defended and approved on April 3, 2012. Examination Committee Signature Dr. Abd Al-Ghafoor ______________ Authorization Form I am Yasmine Okasheh authorize PSUT – King Talal school to supply copies of my graduation project to libraries or establishments or individuals on request. Signature _______ Date _______ Abstract On our research we focused on the selection of groups of people who will be most receptive to a product. The most common method of segmenting includes demographic variables such as age, race, sex, income, occupation, education, geographic location, household status etc. Much of the segmentation will involve a combination of these variables and no matter how the segments are defined they are characterized by considerable change over time. The main purpose of segmenting a market is to allow a market or sales program to focus on the prospects that are most likely to purchase the products or services on offer. If it is done properly it ensures that the best return for the marketing expense is outlaid. There are definite differences and these depend on whether you...
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...[pic] Wal-Mart: Where did all the small businesses go? Rasha Burara Anela Sehovic Bader Al-Askari Matt Meikle Problem statement The purpose of this assignment is to analyze Wal-Mart and find out their strength, weaknesses, threats and opportunities. We will identify the company’s issues by looking at internal and external factors that influences the corporation. In the analyzing part we have made an SWOT analysis to identify Wal-Mart’s strength, weaknesses, opportunities and threats to get better overview of the company. In general we can say that Wal-Mart’s strength is their ability to recognize what their customer needs are by offering low prices on all their products. We have also made Porte’s five forces which help us to analyze the external factors and the position of the company. Furthermore, we have looked on the ethical aspects that Wal-Mart is facing. • Problem 1 – How could Wal-Mart avoid shutting down small town, family owned businesses when they move into an area? • Problem 2 – How can Wal-Mart avoid losing American suppliers to foreign country suppliers? History Wal-Mart Stores (Wal-Mart) was established in 1962 when Sam Walton, who had operated stores in Arkansas and Missouri, decided to open a discount store. The company went public and was traded over the counter in 1970, before being listed on the New York Stock Exchange in 1972. Wal-Mart diversified into grocery (Wal-Mart Supercenters), international...
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...Tablet of Contents The Beginning of Walmart Logistic………………………………………………………… 3 Magic of the stripes………………………………………………………………………………. 3 Walmart’s Cross Docking……………………………………………………………………….. 5 Downfall of Barcode System…………………………………………………………………… 6 Power to the RIFD………………………………………………………………………………….. 7 Walmart’s RFID Influence in China………………………………………………………….. 9 The Chinese RFID investment…………………………………………………………………. 10 Chinese market potential………………………………………………………………………… 11 Conclusion………………………………………………………………………………………………. 12 The Beginning of Walmart Logistic Wal-Mart as we all know it, it is an American multination corporation that operation in a largest chain discount stores in the world. Sam Walton, the successful business man from Arkansas began his retail store in 1940, worked at J.C. Penney and later on started a small retail chain store called “Ben Franklin”. It wasn’t till 1962; Mr. Walton opened the first Walmart store. In the beginning, Walton had his strategy set to low income families and offered a considerably lower cost than his competitors, the low price strategy allowed Walton to steer forward with his real goal to become the supply chain logistics giant. By 1987, Walton have led the store into a growing rampage, Walmart had 1,198 nationwide, sales in the 15.9 billion and had 200,000 associates (Walmart, http://walmartstores.com/aboutus/7603.aspx, 2011), In the same year the company also became the largest private satellite net work in the country and...
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...successful. One company that good with cash management techniques is Wal-Mart. Wal-Mart is one of the biggest retail companies in the world with more than 8,500 stores in 15 countries and sales of $258billion in 2009. In the following paragraphs the different cash management techniques of Wal-Mart will be analyzed and explained. Also with support of examples the effectiveness of the different techniques will be examine, which will help determine ways to improve the company. Techniques The significance of cash management consists of taking the essential procedures to keep up sufficient levels of cash to congregate operational and capital requirements and to gain the greatest yield on short-term investments of pooled, inactive cash. The most important goal of a superior cash management method is to maintain sufficient money to meet the daily cash necessities of the company at the same time as increasing the amount accessible for investment. Also it is helpful to receive the greatest earnings on invested funds while make sure their safety. One cash management technique that Wal-Mart uses is that instead of focusing on margins like most companies do they focus on cash flows because focusing on gross margins alone can be misleading. This technique helps the company know the exact amount of cash flows, which is important because it is the money that moves into or out of the business. Another technique that Wal-Mart uses to control the cash management is by preparing a budget....
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...Wal-Mart | Telecommunications and Networks | SAN, VoIP, Wireless Networking | Dominique Jordan 10/9/2011 | Save money. Live Better. This is the famous slogan of one of the largest retail chains in the world. When Sam Walton first founded the company he built the company with three basic beliefs in mind. These beliefs are: Respect for the individual, service to the customer, and to strive for excellence. With beliefs like these how could the company fail. I do not think that he had in mind the turmoil the company would endure in the future. Sam tried to stick by his word and tried to stay true to his beliefs but when a company grows, so does its problems. I am currently employed by Wal-Mart and my role in the company used to be training coordinator. As a training coordinator, I facilitated orientations, administer, maintain and oversee facility training by communicating training plans, monitor and track completion of training by Associates, review training reports and communicate training issues to Management. I also communicate Company personnel information and coordinate personnel-related activities by auditing personnel files; entering, checking and processing payroll; coordinating, recruiting, hiring, training and evaluation processes; facilitating training and maintaining personnel and employment documentation. My current role in the company is an operations zone supervisor. Unlike my counterparts that deal with the merchandising of the store, I deal with the...
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...million employees in 2008). In 2008, the company operated about 4,000 stores in the United States (discount, supercenters, neighborhood markets, and Sam’s Clubs) as well as more than 2,200 stores in other countries, mostly in Mexico, Canada, Brazil, and the United Kingdom. Its revenue exceeded $400 billion, with net income of about $15 billion. Sam Walton said it best, “If we work together, we’ll lower the cost of living for everyone…we’ll give the world an opportunity to see what it’s like to save and have a better life. During the initial years, Walton focused on establishing new stores in small towns, with an average population of 5,000. These towns were largely neglected by leading retailers like Sears Roebuck & Company, K-Mart and Woolco, which concentrated more on larger towns and big cities. In his efforts to attract people from the rural areas to his stores, Walton introduced the concept of everyday low prices (EDLP). EDLP promised Walmart's customers a wide variety of high quality, branded and unbranded...
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...Assignment 3: Wal-Mart, 2005 MKTG 6301.PI1: Marketing for Managers Saturday, 4 August 2013 Summary “Give me a W! Give an A! Give me an L! ...” If you just listen close enough, you just might hear this cheer echoing in a neighborhood near you. The likelihood of this happening has increased right along with Wal-Mart’s growing global presence to 4,900 U.S. stores along with a global presence to 11 countries around the world. Lee Scott, CEO Wal-Mart, was quoted as saying, “Could we be two times larger? Sure. Could we be three times larger? I think so.” The question then becomes, is this healthy for the U.S. business climate as well as for Americans in general? Wal-Mart’s growth is two fold. First is their “Everyday low prices”(EDLP) model combined with their low-wage and little to no benefits model. Through maximizing these models, Wal-Mart has grown into the super giant they are today. This has created a reputation for them as the corporate bully or the wimpy rich kid who owns the bat and ball. Either way they control the game and the output. Which leads to our discussion today, where we will take a look at the company from a variety of angles and viewpoints, some of their key issues, review a SWOT analysis that will guide us to our decision and why we believe this is the best path forward for Wal-Mart. Questions to keep in mind as we go along are: “Does Wal-Mart know what’s best?” and “Do consumers even care?” Whether one is a fanatic of Wal-Mart, or resents the...
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...Introduction How Wal-Mart use the Organization Function of Management Organizing is one of the basic functions of management, which fallow the planning function of management. According Management Study Guide (1998-2009), in the organization, function is where takes place the synchronization and combinations of the organization physical, financial, and human resources. Wal-Mart recognizes the importance of its physical assets, monetary, human resources, and technology and had used them in to become the world largest retail stores. Wal-Mart management could use the organization function of management effectively by combining its resources to maximize its full potential. Wal-Mart After traveling around the nation Sam Walton realized that the nation was in need a new type of retail store. Trusting in his vision with his wife Sam gather the money necessary to open the first Wal-Mart in Rogers, Arkansas in 1962. as the time went by Sam Walton was only able to have 15 stores in 1972; however after Wal-Mart when public by the end of the decade Sam already own 276 stores in 11 different states. By 1989 Sam own more than 1, 400 Wal-Mart and was making over $ one billion in profits. In the present is Wal-Mart in 14 different countries and is making over $ 26 billion revenues while employing around 2.1 million people. The only way in which Wal-Mart could do this is by organizing...
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...TEAM CASE ANALYSIS OUTLINE ASSIGNMENT 1. Problem Statement and Objectives Implementation of Wal-Mart’s supply chain and success in India (in partnership with Bharati) What is the significance of the problem in terms of strategic marketing to the firm? * Cold chains [distribution chains for perishable items], warehousing and logistics infrastructure issues to be faced by Wal-Mart in India. * Competition by Indian small-scale retailers: Cultural differences in Indian retail way and the wall-mart way, while unorganized small-scale retailers in India build a long lasting relationship with their customer, Wall-Mart’s relationship is mainly transactional. * Lack of skilled employees, inadequate quality control and a variation in policy regimes across different states in India is a significant challenge Wal-mart would have to face. 2. Situation Analysis Core competence of Wal-Mart: Wal-Mart, due to its efficient logistic system and the ability to capitalize on every cost saving opportunity has provided them with a competitive edge over their competitors. The core competence of Wal-Mart is providing low priced products due to its excellent supply chain management including the following 3 sub points: * Procurement and distribution: Minimizing reducing purchasing cost through procuring directly from the manufacturers and eliminating the intermediaries. Further, with strategically located warehouses at different geographical locations...
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...Analyse The Wal Marts Case Study Management Essay ukessays.com /essays/management/analyse-the-wal-marts-case-study-management-essay.php Wal-Mart Stores, Inc. opened in 1962 by Sam Walton and his brother. Nowadays, it is ranks as the largest corporation in the World. In early 1990s, the company announced that it would initiate the international operations, which commenced in 1991 in some countries like Canada, Puerto Rico, Argentina, China, etc. (Reference for Business, 2012). PEST Analysis In order to analyse the Wal-Mart's case study we are going to apply the PEST analysis which is 'A type of situation analysis in which political-legal, economic, socio-cultural and technological factors are examined to chart an organization's long-term plans' (Business Dictionary, 2012). II.1. Political Factors When a firm desires to undertake businesses in a foreign country there are some factors to investigate before taking a final decision, for example, the system of the government, law and local trade unions, language, religious and ethical values. Wal-Mart faced numerous complications on the legal and political front in many countries. For example, in Mexico the company participated in an aggressive lobbying campaign to amend the long-standing U.S. anti-bribery law that the company might have violated. The 1977 law, well-known as the Foreign Corrupt Practices Act, prohibits U.S. firms from offering fees or gifts to foreign officials to advance corporate interests (Hamburger, Dennis & Yang...
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...Management at wal mart Submitted to: Prof Mhihr Das Submitted By: Kunal Bhatia (M00116, Hitesh Bambhaniya (M00126), Saloni Umraniya (M00128), Sagar Nathani (M00134) 3/6/2014 Table of Contents Introduction 3 Value Chain System of wall mart 4 Porter 5 force 4 SWOT 5 Competitors 6 Suppliers 8 Back haul of wall mart 9 Role of HR 10 Role of RFID 11 Strategy 12 Strategy of other companies 13 Conclution 16 Introduction The retail industry is dominated by few retail giants, with Wal-Mart competing in several retail categories. Wal-Mart competes against Kmart and Target in the general merchandise retailing; against Costco in the warehouse club segment; and against Kroger, Albertson’s and Safeway in the supermarket retailing. Competition among retailers centers on pricing, store location, variations in store format and merchandise mix, store size, shopping atmosphere, and image with shoppers. Further analysis provided by the following figure diagnoses the competitive environment of the retail industry. As a fact, Wal-Mart is considered as the world’s largest retailer nationwide that has been guided by its founder Sam Walton’s passion toward customer satisfaction, and his beliefs in excellence, as well as his philosophy in lowering his prices that has been proven with his famous slogan “everyday low prices.”1Visible outstanding success has required a lot of effort, strategies, dedication, and wide consideration. Such as Wal-Mart, victory...
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...Origin Page-3 Walmart Mission/Vision Page-4 Corporate Culture@ Walmart Page-4 Competitive Position of Walmart Page 5-6 Strategies @ Walmart Page 6-9 Private Label and Store Layout Page 9-11 Conclusion Page-11 Appendix Page 12 References and Bibliography Page 13-14 Wal-Mart- Origin Wal-Mart was the product of Sam Walton, a businessman from Arkansas. In the late 1940s, in USA, a retailer who was successful in obtaining a sufficient discount for his products from the whole-seller, used to sell the products at full price to the customers and thus enjoyed a substantial amount of profit. Sam Walton during that time was working as a retailer at a J.C. Penney store in Des Moines, Iowa.(Walton & Huey, 1993) Incidentally while working there, he was introduced to Butler Brothers, a big retailer who had chains of variety stores known as Ben Franklin and Sam was offered a store in Arkansas. There Sam excelled in operating the stores and soon huge amount of sales were generated which far exceeded the expectations. But during...
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