Case Study : Supply Chain Management

1028 Words5 Pages
SUPPLY CHAIN MANAGEMENT IN RETIAL INDUSTRY: CONCEPTS, STRATEGIES AND WALMART CASE STUDY

Mian Wang
CID: 01090728
Imperial College Business School, MSc Management

ABSTRACT

With the rapid increase of operation cost and fast development of E-commence in today’s retail industry, traditional operation management models are antiquated. Companies attempt to enhance competitive capacity through management innovation, and an increasing amount of attention is paid to their supply chain management for the purpose of cost reduction, risk minimization and better customer satisfaction. Modern techniques like vendor partnership, operational innovations and information technology are adopted by retailers in order to manage their supply chain properly.
This paper aims at studying the characteristics of retail supply chain network and analyzing theories and techniques used in upstream, central operation and downstream of supply chain, using the methodology of literature analysis and case study. In the case study, this paper analyzes Walmart’s supply chain management practice, identifies potential problems and offers suggestion.

Keywords: supply chain, retail industry, modern techniques, Walmart case study

Chapter 1 INTRODUCTION

Retail industry is an important economic sector, which plays a significant role in expanding domestic demand, promoting employment, stimulating economic growth and increasing overall social welfare. With the progress of the industry, competitions among

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